Nathan Kondamuri and Sophia Edelstein created Pair Eyewear to make glasses more customizable and fun. They pitched their idea on Shark Tank and secured a $400,000 deal with Lori Greiner and Katrina Lake.
As a result, Pair Eyewear expanded rapidly, raising $12 million in Series A funding and $60 million in Series B funding. Therefore, the company grew its product line to include adults and partnered with major brands like Marvel and Harry Potter.
Today, Pair Eyewear is valued at $150 million, making it a major player in the eyewear industry with continued growth
Pair Eyewear Net Worth
| Estimated Net worth | $150 million (2024) |
| Investors | Lori Greiner and Katrina Lake |
| Founders | Nathan Kondamuri and Sophia Edelstein |
| Employees | 46 |
Pair Eyewear Pitch on Shark Tank
| Company name | Pair Eyewear |
| Product | Customizable children’s glasses |
| Episode | Season 11 Episode 14 |
| Founders | Nathan Kondamuri and Sophia Edelstein |
| Asked for | $400,000 for 10% equity |
| Final deal | $400,000 for 10% equity and $1.50/unit royalty until $400,000 |
| Sharks | Lori Greiner and Katrina Lake |
| Location | Brooklyn, New York, 11215, United States |
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Pair Eyewear Founders
Pair Eyewear was founded by Nathan Kondamuri and Sophia Edelstein in 2017. They both met each other at the university. They both started this company because of the high cost of glasses. Pair Eyewear’s founders, Nathan Kondamuri and Sophia Edelstein, have a net worth of USD 150 Million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2022 | They got licensing deals with the Marvel universe |
| 2020 | Appeared on Shark Tank |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Pair Eyewear and its continued success.