Patented At-Home Vision Testing Platform
Business Description
Patented At-Home Vision Testing Platform
A rare opportunity to acquire the only fully built, clinically validated, FDA-registered at-home vision diagnostics platform shipping at scale. A 29-patent portfolio pairs with proprietary, MIT-licensed optical technology and a HIPAA-compliant telehealth network that delivers prescriptions across 40 U.S. states. Over 50,000 devices sold in 150+ countries over eight years of commercial operation - with zero product defects, zero MDRs, and zero product litigation throughout the entire history of the business.
This is a continuation of the commercialization play, not a speculative technology-development bet.
More than $31 million has been invested to date for software and product development, inventory, and marketplace testing.
WHY THIS IS EXCEPTIONAL
◉ Patented, smartphone-based vision diagnostics platform - test vision, measure refractive error, and obtain prescriptions remotely.
◉ Exclusive license to MIT inverse Shack-Hartmann refraction technology — the foundational science behind the platform.
◉ 29-patent portfolio (granted plus pending) covering smartphone diagnostics, optical measurement, automated vision tracking, and PD measurement.
◉ Seven FDA-registered medical devices and apps - refraction, visual acuity, contrast, color, Amsler, PD, and reading-numbers measurement.
◉ Full compliance stack: ISO 13485, ISO 9001, HIPAA, and a state medical device manufacturer license - a five-cert posture few digital-health platforms hold at once.
◉ Four registered clinical trials on ClinicalTrials.gov, including a non-inferiority study versus phoropter and autorefractor, plus multiple CES Innovation Awards and a 2020 Frost Radar award.
◉ Blue-chip B2B relationships — including a national pharmacy chain, a major health system, and a leading online eyewear retailer (founded by the company's own co-founder).
◉ Proprietary longitudinal vision dataset across the deployed fleet - a substrate for AI-driven diagnostics, predictive care, and population-health analytics.
◉ Substantial finished-goods inventory plus contract-manufacturing relationships in place - supporting immediate scale with no manufacturing lead-time exposure.
◉ Clean financial posture: no debt, no loans, capital on hand, and a prior $25M strategic asset transaction demonstrating realized value in the IP.
THE UPSIDE FOR STRATEGIC AQUIRER
The platform is fully developed but deliberately under-commercialized - the remaining work is commercial scale, not technology build-out. Multiple paths to value creation:
◉ Scale direct-to-consumer adoption and conversion from testing to prescription to eyewear purchase.
◉ Build recurring revenue — vision-tracking subscriptions and Rx renewal services across the installed base.
◉ Expand B2B partnerships with optical retailers, clinics, telehealth platforms, and pharmacies.
◉ Monetize the proprietary dataset for AI diagnostics and predictive care.
◉ Expand into global and underserved markets where low-cost remote diagnostics travel well.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
This is a continuation of the commercialization play, not a speculative technology-development bet.
More than $31 million has been invested to date for software and product development, inventory, and marketplace testing.
WHY THIS IS EXCEPTIONAL
◉ Patented, smartphone-based vision diagnostics platform - test vision, measure refractive error, and obtain prescriptions remotely.
◉ Exclusive license to MIT inverse Shack-Hartmann refraction technology — the foundational science behind the platform.
◉ 29-patent portfolio (granted plus pending) covering smartphone diagnostics, optical measurement, automated vision tracking, and PD measurement.
◉ Seven FDA-registered medical devices and apps - refraction, visual acuity, contrast, color, Amsler, PD, and reading-numbers measurement.
◉ Full compliance stack: ISO 13485, ISO 9001, HIPAA, and a state medical device manufacturer license - a five-cert posture few digital-health platforms hold at once.
◉ Four registered clinical trials on ClinicalTrials.gov, including a non-inferiority study versus phoropter and autorefractor, plus multiple CES Innovation Awards and a 2020 Frost Radar award.
◉ Blue-chip B2B relationships — including a national pharmacy chain, a major health system, and a leading online eyewear retailer (founded by the company's own co-founder).
◉ Proprietary longitudinal vision dataset across the deployed fleet - a substrate for AI-driven diagnostics, predictive care, and population-health analytics.
◉ Substantial finished-goods inventory plus contract-manufacturing relationships in place - supporting immediate scale with no manufacturing lead-time exposure.
◉ Clean financial posture: no debt, no loans, capital on hand, and a prior $25M strategic asset transaction demonstrating realized value in the IP.
THE UPSIDE FOR STRATEGIC AQUIRER
The platform is fully developed but deliberately under-commercialized - the remaining work is commercial scale, not technology build-out. Multiple paths to value creation:
◉ Scale direct-to-consumer adoption and conversion from testing to prescription to eyewear purchase.
◉ Build recurring revenue — vision-tracking subscriptions and Rx renewal services across the installed base.
◉ Expand B2B partnerships with optical retailers, clinics, telehealth platforms, and pharmacies.
◉ Monetize the proprietary dataset for AI diagnostics and predictive care.
◉ Expand into global and underserved markets where low-cost remote diagnostics travel well.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 11
- Employees
- 7 Full-time
- Facilities & Assets
- In CIM, NDA required.
- Market Outlook / Competition
- In CIM, NDA required.
- Opportunities for Growth
- In CIM, NDA required.
About the Sale
- Seller Motivation
- Position the Company for growth and continued global commercialization.
- Transition Support
- To ensure a smooth transition and ongoing success, the Seller will work with the buyer as needed and as negotiated. With many new developments on the horizon, a Buyer would likely find it highly beneficial for the founder to stay.
- Financing Options
- May be entertained under agreeable terms and conditions.
Listing Info
- ID
- 2528083
- Listing Views
- 5
Listing ID: 2528083 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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