VisionSpring
Our aim is to give people a better understanding and improve their confidence when interacting with a Blind or Partially Sighted person.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | $15.0m | Grant | |
| Total Funding | 000k | ||
VisionSpring is a social enterprise that addresses the issue of uncorrected vision in low-income communities across emerging markets. The organization operates on a hybrid business model, combining philanthropic activities with a market-based approach to ensure financial sustainability and scalability. Its primary activity is the distribution of affordable eyeglasses, with a focus on individuals living on less than $4 per day.
VisionSpring's distribution strategy is community-based, utilizing a network of vision entrepreneurs and partnerships with local organizations to reach underserved populations. This model not only provides access to vision care but also creates economic opportunities for local entrepreneurs. The organization also conducts vision screenings and provides training to build local capacity for eye care.
By providing affordable eyeglasses, VisionSpring aims to improve the earning potential, learning outcomes, and overall well-being of its customers. The organization has a global presence, operating in several countries and has been recognized for its social impact by organizations like the Skoll Foundation and the World Economic Forum.
Keywords: social enterprise, affordable eyewear, vision care, emerging markets, community-based distribution, last-mile distribution, micro-franchise, eye health, social impact, base of the pyramid