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Ellison Eyewear isn't accepting new investments

Ellison Eyewear’s deadline was March 6, 2017

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1st campaign Funded
Logo of Ellison Eyewear

Ellison Eyewear

Solving your lost glasses problem while bringing back true craftsmanship
Apparel & Accessories Social Impact B2C
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Featured image of Ellison Eyewear
$195,259
Total raised in 2 campaigns
413
Investors in 2 campaigns
Successfully funded and closed on March 6, 2017.
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Pitch Updates 11 Reviews 76
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Closed on March 6, 2017. Information may not be up-to-date. Campaign closed on March 6, 2017. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ellison Eyewear, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Ellison Crowd Safe
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Hear from some of the 257 investors in Ellison Eyewear


Show more

Highlights:

  • A lifetime client-service model for customers​

  • A recognized brand of hand-made, top quality sunglasses

  • A company that gives back with every sale 

  • Operational for 2 years with 125% average yearly growth
​

The eyewear industry is broken​

We all love sunglasses. They make us look good, protect our eyes, guard our privacy, and allow us to see better.  

However, unfortunately for us, consumers, the $112 billion eyewear industry is headed by a handful of giant corporations, who currently own the rights and licenses to today’s biggest fashion brands and distribution channels. This means consumers pay higher prices for lower quality products than they deserve.

Eyewear industry is monopolized​

The status quo is not easy to change. But we’re set to do that.


Ellison is building a brand that:

1. Strives for the highest quality. Period.

2. Does good and has an integrated social mission.

3. Focuses on customers with a lifetime client service model.


Ellison Eyewear product lineup​


1. The Highest Quality. Period.​

We set ourselves apart from established brands by exceeding expectations and creating top-notch products at fair  and honest prices.​

Ellison sunglasses quality specs​


Here's how we build amazing glasses:​

Handmade

Ellison glasses are handmade in Greece​

Every pair of Ellison’s is handcrafted in a family-owned workshop in Greece.


Finest Italian materials

We’re using only the finest Italian materials and metals. Every pair is made using the highest quality Italian Mazzucchelli 1849 acetate.

Ellison sunglasses are made of high-quality Mazzucchelli acetate​


56-step QA

Ellison’s quality assurance process is 2x more rigorous than the industry standard, ensuring that every pair is the highest quality before it leaves our hands, and arrives in yours.


It’s in the details:​

Real rivets and 5-barrel hinges of Ellison glasses​​

German engineered 5 barrel hinges

Ellison’s come equipped with 5 barrel stainless steel hinges. This sturdy hinge provides integrity, durability, and comfort while keeping your temples straight unlike an average pair of sunglasses that may only have 3 barrels.


Real rivets

Pins in the frame and temples of our sunglasses provide structural integrity, while adding a touch of flare to our designs.

Ellison glasses feature soft gel nose pads and temple junction detail.​

Soft gel nose pads

We only use soft gel nose pads to ensure comfort, even after long hours of use.


Hinge lining detail

A galvanized metal cap detailed with our trademarked “E” is also used to line the temple-front junction. Only visible when the frame isn’t being worn, it’s a hidden pleasure for Ellison owners to enjoy!

More features: Carl Zeiss lenses and temple detailing​

​Carl Zeiss Vision lenses

Tested more thoroughly than any industry standard or law in the world requires, Carl Zeiss Vision Lenses deliver our customers the same superior optics found in the lenses used to film the moon landing.


Temple tip detail

We engrave our trademarked “E” on the left temple tip of every pair, showing our attention for detail and certifying your pair is authentic!


Thermic

A special temperature sensitive varnish treatment makes Ellison “Thermic” line one of a kind: when exposed to temps above 78°F, thermic pairs react by changing color.

Some Ellison models feature thermic effect: changing colors in the sun!
​​​


​​

Designer quality comparison table​

​

​

​

Look Good, Do Good.​

Companies must have a bigger purpose. We have been on a quest for the last 3 years, providing eyesight to those in need and building homes that create safe spaces for those who need it.

Our mission is to make the best glasses and do good in this world. Through our close relationship with our customers, we are able to empower them to engage in social outreach and community development programs.


Giving back is core to our culture

We provide a tangible way for our community to be the change they want to see in the world.

Every year, our team sponsors multiple impact-travel excursions, with local partners, dedicated to closing the gap on social issues, and those who want to help solve them. We allow our community to truly involve themselves, first hand, in an immersive philanthropic experience alongside like-minded journeyers, while exploring some of the most beautiful corners on earth.

Ellison sponsors trips to build houses in Nicaragua​​


To date, our community built 40 new homes in Nicaragua for families living in slum conditions.


Ellison Eyewear community!​​


Giving a gift of sight

With every pair of sunglasses and Club Ellison membership sold, Ellison will provide sight to somebody in need in one of three ways:

1) Spectacles for children

the results of giving glasses to the child are miraculous – children go from failing and resenting their classes to excitedly getting straight As..

2) Building Vision Centers for the poor

Many rural areas don’t have access to basic eye care. Our donations help build eye care centers to provide help to people in need.

3) Training eye health personnel.

Along with the shortage of eye care access, the rural clinics that do exist lack trained staff. Our donations help train the personnel to provide basic eye care.


​


3. Club Ellison. Our customers are our friends.​

Other brands take advantage of the nature of the game: that sunglasses get lost, broken or stolen all the time. In fact, other brands bet on it to make profits. Ellison turns the tides, and converts customers into a loyal community with Club Ellison.

ClubEllison ​

​A Club Ellison membership is insurance for your Ellison frames. It targets 3 unaddressed pain points experienced by tens of millions of customers of high end frames:​

Break it ; Lose it ; Steal it.​

Should something happen to a Club Ellison member's glasses, they have access to our entire collection at exclusive membership pricing.  *50% off retail*​

How ClubEllison works​


Members also become part of a community that acknowledges and rewards living experiences, instead of punishing you for it.

Since the launch of Club Ellison in June, in just several months we have organically acquired over 1,200 new members, with ~18% of those members already taking advantage of their membership perks and rebuying.  


​


A growing movement

Our story was picked up by news outlets, fashion blogs, business blogs and TV and has garnered notable features and PR across top publications and national media outlets for our noval approach to addressing global problems.

Ellison Eyewear in the media​

Ellison glasses have become integrated into pop culture. We’ve had notable features on some of the most recognized faces in the entertainment industry, Mario Lopez, The Fray, Kelly Clarkson, Jennie Garth, Terri Seymour, Pia Toscano​, Marc Malkin,  Carolina Liar​, Novak Djokovic​, Kendall Jenner, with music artists like Post Malone, FKi 1st,  Lil Wayne and Waka Flocka Flame, just to name a few and are the premier sunglass brand for Fox’s breakout drama Empire., and many more. 


Ellison featured in the FOX show Empire, by rapper WakaFlockaFlame and more​​


​

​


Branding & Marketing

The crowded eyewear space is currently focused on an outdated traditional retail model versus cost suppression and customer experience CRM-based model.

Data-driven + Emotional connection​​


Data-Driven

Our deeply embedded CRM has allowed us one-to-one customer feedback from thousands of clients. This gives us real-time design and deployment insights that is typically not available at scale or without the use of a third party.

This way, we are able to stay informed and current with quickly changing customer needs and trends.


Emotional connection

Ellison’s marketing takes an aggressive approach in how we communicate with our consumer and how we differentiate from our competitors. This approach will communicate the tangible value of the brand and the deeper emotional connection that current competitor brands are not leaning into.


Meet Ellison's target consumers​​


Purchasing behavior comparison​

Purchasing behavior comparison chart​
Common vs ClubEllison Purchasing Behavior​

​

​

​

Sales channels


Through 2016, we’ve expanded into 60 brick-and-mortar stores, globally.

​

Ellison makes profit with a four point sales strategy.

Wholesale and Pop-Up/Direct are our current main revenue generating channels given their higher up-front conversion rates and the branding opportunities available through additional exposure.

On the brick and mortar front, teams will be hired on to push efforts with monthly goals outlined. This channel’s main purpose is brand development and testing to continue building the Ellison brand and image.

Ellison sales by channel​


Ellison sales ​​

​

Profit Margins

Ellison profit margins by sales channel​


​

​

Action plan​

NOW > TOMORROW > FUTURE​​

Our 5 to 10 year business plan is centered on new efficiencies within the Ellison consumer purchase funnel. With the Wholesale and Pop-Up processes streamlined, this sales channel is ready for growth and only requires a capital investment in order to advance our scaling efforts.


Ever improving experience

We’re focused on investing in consumer experience across digital and offline sales touch points. This investment will help us become faster and cut overall costs related to product development without lowering the quality.


Data analysis

We are constantly integrating more data and insights into our product development and online conversion strategy. Your investment will be used to make this area of our business more sophisticated, focusing heavily on Club Ellison, which is projected to be a significant growth and profit channel for our brand.


New market

We will use your investment to start developing our prescription eyewear line. We will make this strategic leap because of the rocket-like growth of this market opportunity: the eyewear market size is projected to reach $184.03 billion by 2024 (source: grandviewresearch​)


Geographic expansion

By working with investors who have signature real estate, we can take advantage of these on-the-ground locations and foot traffic to drive instant sales while leveraging reduced retail and rent expenses.


​


Our Team​

Ellison team: Artistotle Loumis, Jon Roa and Ravi Patel​

Ellison was started by Aristotle Loumis, who set out to his home country of Greece to build a sunglasses company that creates the highest quality sunglasses in the market, with the best craftsmanship and unmatched materials.

We’ve brought together the people to get us where we need to be. Our team is made up of proven investors who have invested into the vision and market opportunity.

Ellison investors from previous funding rounds​​

​We partnered with a strategic group of proven investors like John Roa – an award winning entrepreneur and innovator in the technology and lifestyle space with his latest venture, AKTA being fully acquired Salesforce Inc. in September 2015.

Ravi Patel, another key investor, is the principle of BuiltByIowa Ventures and president of Hawkeye Hotel Group – one of the fastest growing, privately-owned hotel companies in the country.


From the beginning, Ellison has had a passion for superior product and a fixation with service and making the world better place to live. These values endure today.


​


Why crowdfunding​

Since Ellison has been built by our loyal customers, we want to further strengthen that relationship. Equity crowdfunding is more personal than selling shares in the open market, allowing investors a stronger level of buy-in with the company.

When you invest in Ellison, you are investing in a company that actively seeks to improve the quality of life for communities around the globe.

We share this opportunity with our investors to get them involved in a social good whether it’s providing eyesight to somebody in need or building homes across Latin America. We are here to do good, while having fun in the process.


Investment in Ellison is an investment in a growing brand, in dedication to product and service and in the strong ideals that guide our business.


​


We invite you to join the movement.​


​While we are laser focused on growing our business, we are bigger than just outfitting sunglasses.


We have lost things ourselves and we never forget how it burns. We are turning this insight into a movement and bringing people peace of mind, allowing them to live their life of adventure without worrying about the little things.

We want you to be part of it – and invite you to join us for the ride.

Join the Ellison Movement - Invest in Ellison on Republic​


​

Deal terms


Valuation cap

$4,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Ellison Eyewear occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$30

The smallest investment amount that Ellison Eyewear is accepting.
Learn more

Maximum investment

$100,000

The largest investment amount that Ellison Eyewear is accepting.
Learn more

Funding goal

$750K

Ellison Eyewear must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $750K.
Learn more

Deadline
Ellison Eyewear needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ellison Eyewear, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Ellison Crowd Safe

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Ellison Eyewear.
Invest
$30
Receive
  • Digital thank you and one LIFETIME membership to Club Ellison.
Invest
$65
Receive
  • One pair of 1st generation sunglasses + one LIFETIME membership to Club Ellison.
  • We’ll contact you at the end of the campaign to pick your style.
Invest
$125
Receive
  • One pair of 2nd generation sunglasses + one LIFETIME membership to Club Ellison. We’ll contact you at the end of the campaign to pick your style.
Invest
$275
Receive
  • One pair of 3rd generation (new arrival) sunglasses + one LIFETIME membership to Club Ellison. We’ll contact you at the end of the campaign to pick your styles.
Invest
$550
Receive
  • Four pair of sunglasses (one 3rd generation + three of any combination of 1st and 2nd generations) + one LIFETIME membership to Club Ellison. We’ll contact you at the end of the campaign to pick your styles.
Invest
$1,200
Receive
  • Two pairs (one of each 1st and 2nd generations) of sunglasses + personal fitting from Aristotle, and mention of gratitude on website. One LIFETIME membership to Club Ellison.
Invest
$5,500
Receive
  • One pair of 3rd generation (new arrival) sunglasses + trip to Greece with Ellison team. One LIFETIME membership to Club Ellison. We'll contact you at the end of the campaign to pick your styles.
Invest
$25,000
Receive
  • 4-pack 3rd generation sunglasses, 4 LIFETIME memberships to Club Ellison, and trip to Greece with Founder + receive additional investor benefits.

Endorsed by

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Technori

Our alumni companies have raised over $1 billion in venture funding, with 30 exits and counting!
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118 Capital

Catalyzing early-stage impact through information
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About Ellison Eyewear

Legal Name
Ellison Eyewear, Inc.
Founded
Mar 2014
Form
Delaware Corporation
Employees
1
Website
wearellison.com
Social Media
Headquarters
Google Map location of of Ellison Eyewear
314 W. Institute Place #2E , Chicago, IL
Headquarters
314 W. Institute Place , #2E, Chicago, IL, United States 60610

Ellison Eyewear Team
Everyone helping build Ellison Eyewear, not limited to employees

Profile picture of Aristotle Loumis
Aristotle Loumis
CEO/Founder
A dynamic, well versed, spirited visionary with a love of creating. Over four years in the eyewear sector, deep knowledge in international trade/manufacturing, & known presence for his philanthropic endeavors gives him the expertise to lead Ellison.
Profile picture of John  Roa
John Roa
Partner / Technologist
John Roa is an award-winning entrepreneur and innovator in the technology and lifestyle space. He was founder and CEO of AKTA, a mobile and UX consulting firm, which was sold to Salesforce in September 2015.
Profile picture of Ravi  Patel
Ravi Patel
Co-Founder / Growth Strategist
Ravi Patel is an investor specializing in Ellison's growth. He is the principle of Built By Iowa Ventures and president of Hawkeye Hotels, one of the fastest growing, privately-owned hotel companies in the country.
Profile picture of Scott Kitun
Scott Kitun
Advisor
CEO @Technori
Profile picture of Tim Huizenga
Tim Huizenga
Advisor
President Huizenga Consulting
Profile picture of Chad  Bronstien
Chad Bronstien
Advisor
SVP @Amobee
Profile picture of Adam  Codilis
Adam Codilis
Advisor
Vice President and Attorney at Law at Codilis & Associates, P.C.
Profile picture of Angelo  Loumis
Angelo Loumis
Advisor
SVP @Raise.com
Profile picture of Alex  Afshari
Alex Afshari
CFO / Advisor
President/CEO APA Financial Services
Profile picture of Stacey  Walker
Stacey Walker
Advisor
http://www.walkerforsupervisor.com/
Profile picture of Atul  Nakhasi
Atul Nakhasi
Advisor
Resident Physician - UCLA. National Chair - American Medical Association. MPP Candidate - Harvard University.
Profile picture of Iggy  Rodriguez
Iggy Rodriguez
Advisor
CEO/Founder @VOR
Profile picture of Alec Whitters
Alec Whitters
Advisor
CEO/Founder @HigherLearningTechnologies
Profile picture of Ben  O'Connor
Ben O'Connor
Advisor
Co-Founder/CFO @HigherLearningTechnologies
Profile picture of Adam Keune
Adam Keune
Advisor
Co-Founder/CDO @HigherLearningTechnologies
Profile picture of Faraz  Mirza
Faraz Mirza
Advisor
CEO/Founder @1FaceWatch @ChuckOffs @MirzaMinds
Profile picture of Gregory Pappas
Gregory Pappas
Advisor
Producer @ Iota Film Productions. Founder @ Greek America Foundation, Pappas Post & HuffPo blogger
Profile picture of Aashay Shah
Aashay Shah
Advisor
Consultant at McKinsey & Company
15 more team members
Aristotle Loumis
CEO/Founder
John Roa
Partner / Technologist
Ravi Patel
Co-Founder / Growth Strategist
Scott Kitun
Advisor
Tim Huizenga
Advisor
Chad Bronstien
Advisor
Adam Codilis
Advisor
Angelo Loumis
Advisor
Alex Afshari
CFO / Advisor
Stacey Walker
Advisor
Atul Nakhasi
Advisor
Iggy Rodriguez
Advisor
Alec Whitters
Advisor
Ben O'Connor
Advisor
Adam Keune
Advisor
Faraz Mirza
Advisor
Gregory Pappas
Advisor
Aashay Shah
Advisor

Press

Where Are They Now: Ellison Eyeware
Kickfurther Kickfurther
·
Mar 2, 2017

Ellison Eyeware launched their first Kickfurther deal in October 2016. A sunglasses company built around the idea that lo...

How To Raise Money From Your Users :moneybag: - Product Hunt
Product Hunt Product Hunt
·
Feb 22, 2017

"I love fundraising!"...said no one, ever. Let's be honest: fundraising sucks. Unless you're a seasoned entrepreneur who ...

Feeling Shady in Ellison Eyewear
Fashion Speak Fashion Speak
·
Feb 10, 2017

Ellison Eyewear has become the fastest growing company to participate in equity crowdfunding - raising over $55K on the R...

Crowdfunding Video Awards: Ellison Eyewear
Nextgencrowdfunding Nextgencrowdfunding
·
Feb 7, 2017

NextGen Crowdfunding is showcase where both the public can explore the best startups to invest in a new era of equity cro...

Gifts for Her - Valentine's Day Wishlist: Ellison Eyewear
Chicago Woman magazine Chicago Woman magazine
·
Feb 3, 2017

With Valentine's Day just around the corner we thought a mini "want" list for the ladies was in order. Whether you like t...

Around Town of Chicago's Best: Ellison Eyewear
WGN-TV WGN-TV
·
Jan 31, 2017

Dose Market is an ever-dynamic marketplace devoted to showcasing the finest designers, chefs, makers, bakers, entrepreneu...

This Sunglasses Brand Will Replace Lost Shades Through It...
Bustle Bustle
·
Jan 30, 2017

There's no workaround - losing or breaking your sunglasses sucks, especially if they are a designer pair for which you sh...

A Unique Business Model Becomes the Fastest Growing Equit...
TechBullion TechBullion
·
Jan 25, 2017

In just two weeks, Ellison Eyewear has become the fastest growing company to participate in equity crowdfunding - raising...

Local Brand Ellison Eyewear Is Bringing Back True Craftsm...
Fashionista Chicago, Chicago Fashion Blog Fashionista Chicago, Chicago Fashion Blog
·
Jan 12, 2017

Dear Fashionistas, Meet my friend and entrepreneur Aristotle Loumis, founder and owner of Ellison Eyewear. I first met hi...

Ep. 82 – Aristotle Loumis – Founder and CEO of Ellison Ey...
Hustle and Deal Flow
·
Dec 20, 2016

Everybody wants to get involved in something. It's my responsibility as a brand, as the founder

Ellison Eyewear: The consumer is the most important investor
WGN Radio - 720 AM WGN Radio - 720 AM
·
Dec 13, 2016

Aristotle Loumis, the CEO/founder of Ellison Eyewear talked to Scott Kitun about the change in government regulations tha...

Weekend Web: Ellison Eyewear
NBC Chicago NBC Chicago
·
Oct 16, 2016

CEO and founder Aristotle Loumis talks to NBC5's Art Norman about Chicago-based Ellison Eyewear, which makes stylish glas...

The Right to See: How One Business is Solving Your Lost G...
Inc.com Inc.com
·
May 27, 2016

Every industry, big or small, is ripe for disruption. Several years ago, that's exactly what Warby Parker did with the ey...

Show all
Logo of Ellison Eyewear

Ellison Eyewear

Ellison Eyewear successfully raised $124,784 from 257 investors on March 6, 2017
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