How OC's Eyedaptic Raised $700K in Crowdfunding

Thanks to OCSC Gold Sponsor Tech Coast Angels for this valuable information about startup funding:

$700,000 Raised in Crowdfunding: How Did Eyedaptic Do It? Eyedaptic

Jay Cormier is the founder and CEO of Eyedaptic, an Orange County based augmented reality (AR) eyewear company helping individuals with low-vision diseases see better and remain independent.

Eyedaptic’s proprietary software stimulates natural vision and optimizes peripheral vision to improve the eyesight of individuals suffering from age-related macular degeneration (AMD). In clinical studies, users of Eyedaptic's most recent release, the EYE5, experienced 2x better visual acuity and saw a 5x increase in their ability to complete day-to-day tasks.

Eyedaptic’s Crowdfunding Initiative Raises $700K

Eyedaptic is headquartered in Laguna Hills, and has been extremely successful in attracting investors and advocates for the company’s cause.

  • Eyedaptic raised $700K on Start Engine’s Crowdfunding platform.
  • Eyedaptic built a strong referral network of influential retina specialists, doctors, and investors.

In today’s ‘How Did You Do It?’, we met with Cormier to learn how he successfully executed his crowdfunding campaign.

How Did He Do It?

Prior to Eyedaptic’s campaign, Cormier reached out to the TCA network and received the following advice: “Crowdfunding should not just be about raising money. There should always be a secondary purpose.” Since crowdfunding requires a fair amount of overhead and work, it is important for entrepreneurs to...

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