Innovative Eyewear offering is now closed and is no longer accepting investments.

INVEST IN INNOVATIVE EYEWEAR TODAY!

Smartglasses with prescription lenses

Innovative Eyewear develops and sells cutting-edge eyeglasses and sunglasses that protect your eyes and allow customers to remain safely connected to their digital lives. Our flagship Lucyd® Lyte Bluetooth audio glasses enable the wearer to listen to music, talk on the phone, and use voice assistants to perform many common smartphone tasks handsfree. After our successful launch of the Lucyd Lyte line in January 2021, we experienced significant interest from many eyewear retailers, so we are returning to StartEngine for help addressing our inventory needs, and to build the most complete line of smart eyewear on the market. Our mission is to Upgrade your Eyewear®. Consistent with this we are developing an exciting software app called Vyrb which will enable Lucyd Lyte users to hear and reply to social media posts with their voice, hands-free, through their glasses. We are planning to launch Vyrb this September for both iOS and Android as the first social app with a focus on wearables. Our smart eyewear acts like headphones and glasses in one, bringing vision correction and protection together with digital connectivity and clear audio, and offers a safer solution for listening to music outdoors compared to in-ear headphones.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Innovative Eyewear

$154,711.74 Raised

REASONS TO INVEST

Reasons Icon

Launching the largest line of Bluetooth prescription glasses on the market, that match the fit and finish of designer eyewear, costing the same as regular glasses to enable mass market adoption. Actively expanding from ecommerce-only operations to brick and mortar resellers, including big box stores, optical chains and sporting goods outlets.

Reasons Icon

Strong intellectual property position with exclusive rights to 24 total pending and granted patents, including three utility patents and 21 design patents.

Reasons Icon

Developing a breakthrough new app called Vyrb which will enable voice posting to social media platforms such as Twitter and Facebook via Lucyd glasses and other hearables.

Upgrade Your Eyewear®

Our Story


Creating a seamless experience between eyewear and your digital life

Innovative Eyewear was established to upgrade the world’s eyewear, by producing fashionable and affordable prescription frames with Bluetooth features, enabling the wearer to both correct their vision and stay safely connected to their digital life. Our team was the first to develop Bluetooth prescription glasses three years ago, and we continue to develop, manufacture and sell them around the world. Since launching in January, our Lucyd Lyte line has become the go-to glasses for thousands of customers, since it offers incredibly useful Bluetooth features in a light and fashionable frame suitable for all-day optical wear. Since the launch of our product this year we have received more than 200 5-star ratings on Amazon and Lucyd.co.

*Images are computer generated versions.

Innovative Eyewear has launched a new generation of Bluetooth glasses, that are indistinguishable from high fashion eyewear in looks and price, and provide the ability to perform many smartphone functions using just your voice. We offer a unique combination of prescription, fashion and wearable utility. With its open-ear audio, Lyte glasses are inherently safer for outdoor activities as customers can hear the traffic around them and can perform many smartphone tasks without having to look at their phones. Previously, under the Lucyd brand, our team was the first to deliver prescription Bluetooth eyewear in 2018, and delivered a number of beta products to gain valuable customer feedback.


Now in 2021, thanks to incredible customer feedback, we are expanding Lucyd Lyte from an ecommerce-focused model to one that also offers Lucyd eyewear in optical, sporting goods and other big-box retailers across the US. We have already onboarded several dozen optical stores to offer our frames! 

The Problem


Smartphones present a safety hazard to pedestrians, cyclists, and to many professions, and can distract us from the task at hand.

Pedestrian deaths are at a 28-year high. Every 88 minutes a pedestrian is killed in the United States. A significant contributor to this is that pedestrians and drivers alike are distracted on their smartphones.


This distraction takes place in two forms, via headphones, where the user is deprived of full audible situational awareness, and via the visual interface of the phone which distracts the user completely from their surroundings. Lucyd Lyte open ear audio helps address this problem by having the speakers mounted in the temples on the arms of the glasses. There is nothing in the ear canal, and as a result individuals can better maintain situational awareness, such as hearing the traffic around them. Furthermore, through the quick and easy touch controls on the Lucyd Lyte, the wearer can perform many tasks they would normally pull out their phone for, reducing the screen time needed throughout the day. 

Having developed a dependence on smartphones for information, people constantly focus their attention on their screens, and are distracted from their surroundings. Pedestrian fatalities increased by 60% from 2009 to 2018, due in large part to the widespread use of smartphones by drivers and pedestrians alike. 

The Solution


Comfortable, affordable Bluetooth audio glasses that seamlessly integrate vision correction and protection with your digital life

We have launched a unique line of smart eyewear that enables  eyeglass and sunglass wearers to interact with AI voice assistants and social media handsfree, thereby improving the safety and convenience of accessing digital information and apps. Our eyewear provides both optical-quality glasses and a bluetooth headset at the same price as a traditional pair of glasses.

We have successfully launched a designer form factor for Bluetooth eyewear that looks very similar to fashionable optical glasses, but also enables useful smart features when connected to your phone, smartwatch or computer. We’ve created a line of comfortable and affordable smartglasses that add tech capabilities without sacrificing anything from a typical eyewear experience. We will further enhance those capabilities with mobile applications that expand the potential of voice assistants. We have already introduced six styles of Lucyd Lyte, and plan to offer 18 different styles by the end of 2021, in our effort to offer the world’s most customizable e-glasses experience. 

Our Traction


Exclusive partnerships and a first-to-market advantage

In March 2020, Innovative Eyewear, Inc. acquired the exclusive license to use the Lucyd eShop and brand. Lucyd launched Lucyd Lytes in January 2021, its first mass-market smart eyewear product.  Innovative Eyewear has sold over 2,500 units from January - June 2021.  We have onboarded pro golfer Chris Clark and musical artist Hadar Adora to support our brand, as well as many other influencers.

We have also entered into a multi-year distribution agreement with D. Landstrom Associates, a product distribution firm that helps companies get their products on the shelves in big box stores like Walmart, Best Buy and Target. They have over 40 years of experience in getting products into these major retailers.


We have three utility patents (one granted and two pending) and 21 design patents (13 granted and 8 pending), that we believe provide a strong competitive advantage in the tech eyewear space:

  • A granted US utility patent for a mobile application that provides methods for organizing and prioritizing wireless connections, including the flow of audiovisual information among multiple connected devices. 

  • A pending utility patent for features in our upcoming  Vyrb™ app, which will enable the user to engage with social media using their voice, and create new voice command automations. 

  • Glasses-as-a-Service™ is a pending hardware utility patent  that describes modular Bluetooth eyewear with user-replaceable frontplates, enabling the wearer to change the look and lens function at a low cost compared to buying a whole new smartglass.

  • 21 design patents filed, 13 granted and eight pending, adding additional protections to every pair of our Bluetooth eyewear.

EARLY ADOPTER FEEDBACK


As a community-powered company, user feedback drives our product improvements and line expansions.

We’ve already received 200 5-star reviews on the Lucyd Lyte. To see all of our reviews so far, please visit the Lyte Amazon page and Lucyd.co.

"For starters, I am no stranger to sound glasses—I have owned 3 versions from Lucyd as well as Bose Frames. This is the first pair that looks like normal glasses. The arms are slim and the glasses themselves are not noticeably heavier than regular glasses."

- CHAD GAINOR

 

"These glasses are PERFECT for riding and have transformed my exercise routine. I'm able to listen to music but still be aware of cars and people around me, which is an absolute game changer. I don't go riding without these anymore."

- ALEX BARANSKY

 

"It really is so hard to comprehend how effective and luxurious the glasses feel for the price. As someone who imagined my Lucyd shades best on the golf course, I enjoyed them just as much strolling along downtown."

- DEREK CARMAN

 

"It makes things so much more convenient for me. I don't have to worry about losing my headphones or charging my wireless ones. The price is also way more affordable than at my optometrist's office."

 - CHRISTINE GULSARAN

The Market


Innovative Eyewear sits at the intersection of three growing markets

How We Are Different


The smartest glasses for the price

While many companies offer some kind of tech eyewear, very few are suitable for extended wear and are delivered with corrective lenses, which are needed by ⅔ of the population. According to user reviews on Amazon, even fewer are of high quality, or are attractive enough for the fashion conscious buyer. None of our competitors currently offer voice control of social media apps such as Facebook and Twitter. Other smart eyewear products tend to lack touch controls or have imprecise control systems, whereas Lucyd frames have easy and reliable one-touch controls. For example, on Lucyd frames you can adjust volume, skip tracks, use your voice assistant and answer calls with a click.

A leading excellent competitor, Bose® Frames, is in another price category at nearly double the cost of our products, and in our view not as fashionable or comfortable due to the ir increased girth and weight. The cost to add a prescription to a Bose frame is much more expensive at over $125 extra, while Lucyd frame prescriptions start at $35. The total cost of a Lucyd prescription frame is $155, compared to $326 for Bose. Their product is also in a larger sunglass form factor, while Innovative Eyewear has developed a full optical line. Further, none of the competitors offer a proprietary voice-controlled app called Vyrb™ which allows you to listen and post to your social media programs using your voice, without looking at your phone. Vyrb images are computer generated demo versions. Product is still currently under development and will launch September 2021.

¹ https://www.entrepreneur.com/article/369720

The Business Model


Direct-to-consumer and wholesale sales channels

Innovative Eyewear has two major sales channels, one being ecommerce via the Lucyd eShop and Amazon, and the other is our development of a network of retail eyewear and sporting goods establishments offering our frames. Innovative Eyewear also offers two affiliate platforms for peer-driven sales. 

Innovative Eyewear has two levels of margins, one for direct-to-consumer which is higher, and one for B2B which is more competitive. Our frame margins are approximately 60% for direct-to-consumer and 38% wholesale. We have an average profit margin of 20% on custom and prescription lenses. 

The Vision


Becoming a pioneer in the tech eyewear industry

As part of our mission to make smart eyewear accessible to the mass market, we are seeking to develop a complete line of Bluetooth eyewear for every size and style preference, with 18 styles available by the end of 2021, and 40 styles by the end of 2022. When paired with the Vyrb app, Lucyd Eyewear will provide a new, safe and wearable user experience suitable for everyone.

Our long-term goal is to earn 1% of the global eyewear industry over the next five years, which would amount to approximately $US 1.47B in sales. As a result of this expanding ecosystem that Innovative Eyewear is helping to pioneer, we are planning to earn a leadership position in the tech eyewear market under the Lucyd brand. 

Our Team


A team with expertise across the eyewear, tech, and online spaces

In addition to being passionate about tech eyewear, the Innovative Eyewear team has a significant background in technology and product commercialization. Thanks to the success of our last Startengine raise, and the incredible response to our Lucyd Lyte launch, we have recently expanded to a full sales team with decades of collective experience in eyewear and fitness tech sales, brand creation and licensing, including our new VP Sales Frank Rescigna, an optician and the former President of Viva Eyewear, the fifth largest eyewear company in the US. We have also brought on Ken Strominger as Sales Director-Sports and Electronics, who built the Iron Man athletics brand through a number of licensing deals, and was Sports Marketing Director for Timex. 

Why Invest


A unique position in multiple growing markets

Innovative Eyewear is well-positioned to develop the first mainstream smartglasses because we have an exciting product line that customer’s love and our team has been in the space for years and understands from a personal and consumer perspective the market drivers for success in this sector. Innovative Eyewear has licensed a large portfolio of IP for a young company, with exclusive rights to 24 patents (both design and utility) that create a technology moat in this sector. We also have significant prospects for introducing our unique smart frames into brick-and-mortar retail outlets around the US and beyond. We are looking for investors to help us continue to push the technology, design and affordability of smartglasses forward to create a safer, more comfortable experience for those looking to embrace an ergonomic, optical wearable that functions as great eyewear first and foremost. Help us bring about the future of eyewear with your investment. We are bringing smart eyewear into a lightweight spectacles format suitable for everyone, and launching the exciting Vyrb social media app to bring the voices of the world together. 

Quick Insert

ABOUT

HEADQUARTERS

8101 Biscayne Boulevard, Suite 705
Miami, FL 33138
VALUATION

$20M
PREVIOUSLY CROWDFUNDED

$1M

Innovative Eyewear develops and sells cutting-edge eyeglasses and sunglasses that protect your eyes and allow customers to remain safely connected to their digital lives. Our flagship Lucyd® Lyte Bluetooth audio glasses enable the wearer to listen to music, talk on the phone, and use voice assistants to perform many common smartphone tasks handsfree. After our successful launch of the Lucyd Lyte line in January 2021, we experienced significant interest from many eyewear retailers, so we are returning to StartEngine for help addressing our inventory needs, and to build the most complete line of smart eyewear on the market. Our mission is to Upgrade your Eyewear®. Consistent with this we are developing an exciting software app called Vyrb which will enable Lucyd Lyte users to hear and reply to social media posts with their voice, hands-free, through their glasses. We are planning to launch Vyrb this September for both iOS and Android as the first social app with a focus on wearables. Our smart eyewear acts like headphones and glasses in one, bringing vision correction and protection together with digital connectivity and clear audio, and offers a safer solution for listening to music outdoors compared to in-ear headphones.

TEAM

Harrison Gross
Harrison Gross
CEO, Director & Cofounder

Harrison’s background is in tech marketing and brand development, and he drives the Innovative Eyewear brand story, user experience and product development. Columbia University graduate. He works at Innovative Eyewear full-time, 40+ hours per week. Creator of the Lucyd brand and Vyrb app. 

David Eric Cohen
David Eric Cohen
CTO & Cofounder

David’s background is in web development and coding. He operates the digital presence of the brand and heads our software development efforts. M.S. in Advanced Technical & Information Systems Management, Hadassah University. B.S. in Computer Technology Management, Academy of Bordeaux. 

He is employed to grow the Lucyd brand full-time, but also runs a web development consultancy. He spends about 35 hours per week on Innovative Eyewear. 

Konrad Dabrowski, CPA
Konrad Dabrowski, CPA
CFO, Acting Secretary & Cofounder

Konrad’s experience is in financial management, as an auditor for Deloitte, Accounting Manager for RBI, and Group Financial Controller for Tekcapital plc. M.S. in Finance & Accounting from the Warsaw School of Economics. 

Roughly half of his time is spent on Innovative Eyewear, and the rest on Tekcapital and Salarius. This would be about 20 hours per week.

Alex Rivera

Alex Rivera

Graphic Designer & Photographer

Alex is a photographer with over 15 years of experience. His work has been published worldwide. He has worked on multiple Ad Campaigns including brand lookbooks, billboards, web media and has worked with multiple celebrities. Alex keeps Lucyd updated with high end images to use for social media, web content, and marketing ad campaigns.  

Kristen Mclaughlin

Kristen Mclaughlin

Kristen is a new addition to Innovative Eyewear's board of directors, and is supporting our growth in the optical industry, as well as informing our product development process.

Kristen has a distinguished career in the optical industry where she has served as director of marketing for Silhouette International and brand manager for Daniel Swarovski Crystal Eyewear. In 2017, Kristen was honored as one of the most influential woman in eyewear by Vision Monday, a leading publication in the ophthalmic industry. She spends roughly 5 hours per week on Innovative Eyewear. 

Calvin Peters

Calvin Peters

Ecommerce, Content & Social Growth Manager

Calvin is a multi-faceted communications professional with over 20+ years of experience in Public Relations, Marketing and Digital Communications. He most recently led PR localization, Digital Communications and Influencer Marketing teams for the Walgreens Boots Alliance; the first global pharmacy-led, health and wellbeing enterprise. 

His strategy is laser-focused on increasing positive brand sentiment, owning media narratives and overall SOV through PR, Marketing and Digital leadership expanding into the fashion and retail industries for brands such as Lugz Footwear & Apparel and Southpole. He works full time at Innovative Eyewear, 40+ hours per week.

Helen Maschmeyer

Helen Maschmeyer

Community Manager

Helen brings diverse experience in sales and app development to the team. In addition to sales experience at Tesla's King of Prussia location, she built ecommerce systems and planned content and marketing initiatives for the Paula Hian fashion brand. She has developed several apps, including a companion app for the popular Dungeons & Dragons tabletop game. She works full time at Innovative Eyewear, supporting our customer experience and lead app developers. 

Clifford Gross, Ph.D., MBA

Clifford Gross, Ph.D., MBA

Ergonomics Advisor

Dr. Gross is our ergonomics advisor. He has many years of experience in developing ergonomic products that have been successful in the market including the Black & Decker DeWalt cordless professional drill, Logitech ergonomic mouse, Knoll Parachute chair, and more.

Dr. Gross is a frequent contributor to the company, offering technology guidance and commercialization support on a daily basis. He spends roughly 10 hours a week on Innovative Eyewear. 

Frank Rescigna

Frank Rescigna

VP of Sales

Frank is a career eyewear professional with over 30 years of experience in the industry, both in wholesale and retail. He has led several leading eyewear brands and distributors in the US and abroad, as President and CEO of Viva Eyewear and Marcolin USA. At Viva, he oversaw development of Guess Eyewear into a $100m+ annual brand in the US, and was then hired by Guess Inc. to lead their accessories licensing division. Frank is also an optician and is helping the Lucyd brand capture the North American eyewear market. 

Kenneth Strominger

Kenneth Strominger

Sales Director - Electronic&Sports

Ken is an experienced electronics marketer who has generated millions in sales on numerous fitness tech and hearables products, and in licensing. He helped secure $400m in sales via licensing deals for Iron Man-branded products. He also brought the Yurbuds headphones lines to $2m in annual sales and placed the product in leading sporting goods outlets, including Dick's, the largest sporting goods chain in the US. He also brings experience in the eyewear industry as he helped launched NanoGriptech Nosepads. Ken is helping Lucyd bring our eyewear into sports and electronics sales channels. 

TERMS

Innovative Eyewear
Overview
PRICE PER SHARE
$3.56
DEADLINE
Sep 25, 2021
VALUATION
$20M
AMOUNT RAISED
$154,711.74
Breakdown
MIN INVESTMENT
$199.36
MAX INVESTMENT
$106,999.36
MIN NUMBER OF SHARES OFFERED
2,808
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
140,448

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Innovative Eyewear, Inc.

Corporate Address

:

8101 Biscayne Boulevard, Suite 705, Miami, FL 33138

Offering Minimum

:

$9,996.48

Offering Maximum

:

$499,994.88

Minimum Investment Amount

(per investor)

:

$199.36











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

2,808

Maximum Number of Shares Offered

:

140,448

Price per Share

:

$3.56

Pre-Money Valuation

:

$20,000,000.00











Voting Rights of Securities Sold in this Offering

Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

All Investors Club:

One pair of standard glasses will be donated to a South Florida homeless charity on behalf of every investor.

All investors will receive an NFT digital artwork showcasing the unique Lucyd brand, available only through this campaign. 

10% discount on all Lucyd frames, lenses and accessories through December 31st, 2022.

Affiliate program Legend Membership. Share Lucyd with your network and receive a boosted 15% cash bonus when they purchase Lucyd eyewear. 

Early Bird

These discounts are in addition to the volume tiers. 

First 48 hours - Friends and Family Early Birds | 15% bonus shares

Next 7 days - Early Bird Bonus | 10% bonus shares

Volume

$500 Lucyd Teammate (Free pair of Lucyd Lyte Bluetooth e-glasses + $35 custom lens credit, which fully covers Single Rx lens upgrade)

$5,000+ Lucyd Captain (Upgrade your family's eyewear with four free Lucyd Lyte e-glasses + $35 custom lens credit for each unit + 10% bonus shares)

$10,000+ Lucyd Legend (Limited edition, handmade "Lucyd Legends" NFT e-glasses + free pair of standard Lucyd Lyte e-glasses + $35 custom lens credit + 10% bonus shares. Lucyd Legends are unique pairs of Lucyd Lyte with custom art on packaging and frame, and include a corresponding NFT artwork. The Lucyd Legends series features 10 one-of-a-kind art-infused Lucyd Lytes from each artist featured.)

$50,000+ Lucyd Dreamer (Limited edition, handmade "Lucyd Legends" NFT e-glasses + Upgrade your family's eyewear with four free Lucyd Lyte e-glasses + $35 custom lens credit for each unit + 25% bonus shares + two standard fare tickets to Miami, FL to meet the team)

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

Innovative Eyewear, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $3.56 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $356. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

PRESS

Article Image
iPhone Life

Review: Lucyd Loud Audio Glasses

Article Image
Gadget Flow

Innovative Eyewear crowdfund coverage

Article Image
Tech Startups

Meet Lucyd Lyte, the prescription smart glasses with voice-controlled social media

Article Image
New York Post

2020’s best Labor Day sales on WFH and back-to-school essentials

Article Image
Cult of Mac

Lucyd Loud Review (1.0)

ALL UPDATES

12.27.22

Innovative Eyewear Year-end Review

Thanks for following our mission to upgrade the world's eyewear! In addition to many exciting developments surrounding our products and retail partnerships, 2022 was the year we took Innovative Eyewear public on the Nasdaq. For a full recap of the year's events, and some new innovations to look forward to in 2023, read the release here

Have a wonderful new year, and thank you again to everyone who supported us in our mission to build a better pair of smartglasses. We are confident in our company's future, especially with such an amazing community behind us.

Best wishes,

InnoEye Team 

12.06.22

Dec 1 Update - Release of Second Campaign Shares & Holiday Promo

Dear InnoEye community,Thank you for participating in our crowdfund and following our mission to upgrade the world's eyewear. As a special thank you to our community, we are offering all Lucyd Eyewear for $50 off retail for the holidays at Lucyd.co. It's a great opportunity to pick up a couple units of your favorite smart eyewear for friends and family - Lucyd Lyte truly makes a unique and awe-inspiring gift for all ages! Best of all, our crowdfund community gets an extra little discount with your INVESTOR10 discount code, on top of this incredible holiday offer. With this pricing break and the investor discount code, you can get:

-Standard sunglass Lucyd Lyte for $90.

-Prescription pairs starting under $130.

-Progressive bifocal pairs starting under $210.

-Transitions® pairs starting under $210.

In addition, we want to inform our community that the lockup period for the second crowdfund running in mid-2021 at startengine.com/lucyd is over and the shares are now transferable, with the Nasdaq ticker: LUCY. You will need to follow the below instructions to transfer your shares into brokerage via the DRS or DWAC transfer process. Shares can be transferred into most brokerage accounts including Etrade, Fidelity and Wilson-Davis. Once there, you can transfer again if you wish to stock apps like Robinhood. To transfer to Robinhood, the process is called an ACAT transfer, we have verified that both Etrade and Wilson-Davis can perform this transfer into Robinhood once they have your shares via the DRS or DWAC process.

Here's how to transfer your shares into a trading account via VStockTransfer, our registered transfer agent.
To transfer your shares into a brokerage account under the same name you used to join the crowdfund, follow these steps:

1. Fill out the DRS form to provide our transfer agent with critical information about the destination account. The CUSIP number for Innovative Eyewear is 45791D109. If you have not been provided your Vstock account number, one has been created for you and you can retrieve it by emailing info@vstocktransfer.com or calling Vstock at 212.828.8436.

2. Fill out the credit card authorization form to authorize your card to be charged for $120 for the DRS transfer process. This fee facilitates the transfer of your shares into a brokerage account.

3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.

If the destination brokerage account is under a different name than the name you used to join the crowdfund, follow these steps instead:

1. Fill out the DWAC form to provide our transfer agent with critical information about the destination account. The CUSIP number for Innovative Eyewear is 45791D109. If you have not been provided your Vstock account number, one has been created for you and you can retrieve it by emailing info@vstocktransfer.com or calling Vstock at 212.828.8436.

2. Fill out the credit card authorization form to authorize your card to be charged for $115 for the DWAC transfer process. This fee facilitates the transfer of your shares into a brokerage account.

3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.

In addition to crowdfund shares becoming tradable, you can also increase your position by purchasing additional shares of LUCY at this time, wherever you currently buy Nasdaq stocks.

We are looking forward to many exciting new frames coming in 2023, and we are thrilled to continue pioneering smart eyewear innovations. Thank you and have a wonderful Thanksgiving!

Best wishes always,
InnoEye Team

10.07.22

Major Update - Innovative Eyewear Acquires Exclusive, Multi-year License to the Nautica Brand

To our dear community,

Thank you for all of the support you have given us. We are pleased to announce that we have acquired a multi-year, exclusive, worldwide license to the Nautica brand for smart eyewear. We plan to start offering Nautica-branded smart frames in the coming months. Read the release here

We are excited to be working on a unique line of Nautica frames with our cutting-edge Bluetooth technology. The Nautica frames will bear a "powered by Lucyd" marque to ensure that we build awareness of the Lucyd brand, while simultaneously leveraging the well-known Nautica marque to enhance consumer adoption of our frames.

Thanks for reading and stay tuned for the next update! 

Best,

InnoEye Team

09.13.22

Vote on the next Lucyd Lyte styles!

To our dear community, thank you for supporting us over the years. We have a lot of exciting new styles in the works, and we want to hear from you which you like the best! This will help us design our frames to better meet the needs and preferences of our amazing community. 

Please go to the survey here and let us know your thoughts, it only takes a minute!

 

All the best,
 InnoEye Team

08.22.22

Additional Info for Transferring Shares to Brokerage

Hello InnoEye community,

We have become aware that you will need two additional pieces of information to complete the stock transfer forms as described in the previous update.

The CUSIP number is 45791D109 for Innovative Eyewear.
Your Vstock account number was automatically created for all investors when the shares were transferred to Vstock for management, if they did not provide this to you by email, please contact 0-K@vstocktransfer.com to retrieve it.

Thank you,
InnoEye Team

08.19.22

Innovative Eyewear IPO - We are trading on the Nasdaq!

To our dear community,

Thank you for your support. With your help we have successfully brought the company public and are now trading on the Nasdaq under ticker LUCY. Please go to https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001808377&owner=exclude for more information on the Company and its initial public offering. This is truly a monumental day for our team and our crowdfund community! 

Our team wishes we could have given you all more advance notice of this, the company has not been able to provide public information about the offering while it was underway.

Investors in the first crowdfund that ended Aug. 11, 2021, are now eligible to transfer the shares. Investors in the second crowdfund that ended Sept. 25, 2021 will be eligible to transfer shares starting next month as these shares are still in the one-year lockup post crowdfund. 

Here's how to transfer your shares into a trading account via VStockTransfer, our registered transfer agent. Platforms such as Robinhood, Fidelity, Etrade and Wilson-Davis are all confirmed as eligible to receive the transfer. 

To transfer your shares into a brokerage account under the same name you used to join the crowdfund, follow these steps:

1. Fill out the DRS form to provide our transfer agent with critical information about the destination account. 

2. Fill out the credit card authorization form to authorize your card to be charged for $120 for the DRS transfer process. This fee facilitates the transfer of your shares into a brokerage account.

3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.

If the destination brokerage account is under a different name than the name you used to join the crowdfund, follow these steps instead:

1. Fill out the DWAC form to provide our transfer agent with critical information about the destination account.

2. Fill out the credit card authorization form to authorize your card to be charged for $115 for the DWAC transfer process. This fee facilitates the transfer of your shares into a brokerage account.

3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.

In addition to crowdfund shares becoming tradable, you can also increase your position by purchasing additional shares at this time, wherever you currently buy stocks. 

Stay tuned for more updates about our journey to upgrade the world's eyewear! 

All the best,
InnoEye Team

03.04.22

Mar 5 Update - New Products on the Horizon

Dear InnoEye investors and followers,

Thank you for your patience while we work to build the global standard in smart eyewear! We have been extremely busy since the end of the crowdfund, rolling out new product styles, improvements and accessories. 

Some major developments to look forward to in the Spring:

1) The launch of four additional styles to our main Lucyd Lyte line, including our first XL frame and first tortoise frame, and a striking gold aviator. Here's a quick preview of the new Lyte® Titanium Timewarp model:

2) A new Lyte Sport wraparound sunglass style. 

3) Four new Lyte styles designed specifically for women and youth. 

4) The introduction of our new cordless charging dock to make charging your Lyte (and other devices) easier than ever. 

As a special thank you to our supporters, we will be including FREE Lucyd Pro 2-year insurance on all Lytes you purchase in the month of March. This $79 value covers your frames against all damage for two years, and provides a 50% credit for lost or stolen frames. It's a great way to make sure your smart eyewear is protected for the long haul! Simply check the insurance option when adding frames to cart or before you head into the prescription form. Done and done! Head over to Lucyd.co now to upgrade.

As always, let us know if you have any questions. Thank you for supporting our community-funded, employee-owned company. 

Best wishes always,
InnoEye Team

10.04.21

Crowdfund Closed - What's Next?

Hello InnoEye investors,

Thank you so much for participating in our latest crowdfund. As a community-powered business, we could not make our amazing products without you. 

We had a wonderful show at Vision Expo last week, take a look at our booth below! It featured a massive video wall and brought a lot of attention to the brand. We signed on 21 new optical resellers at the show, and are now in over 85 stores across the US and Canada! We have also begun development of the third collection of Lucyd Lyte, which will include shorter temple styles for youth and women, and expect to have over 20 styles of Lyte by the end of the year! 

If you need any support for your investment, or just have some questions or comments, let us know at info@lucyd.co

Final free Lyte codes will be going out to the rest of our $500+ investors starting next week, once all of the remaining investments have fully processed. Eligible investors will receive an email from Harrison Gross with their Lyte code, titled "Free Lucyd Lyte code". 

Please keep an eye out for an update about the Vyrb app launch next month, as we need our community to join us on the app and give us feedback! 

Thanks again for all your support. We look forward to upgrading the world's eyewear with your help! 

All the best,
InnoEye Team

09.21.21

Final Update - Campaign closing, new stores, virtual try-on kiosk

Hello InnoEye investors, 

Thanks for following our mission to upgrade the world's eyewear! It has been a great journey together so far, and our campaign is closing in just three days. This is your last opportunity to invest in the company making the most strides toward bringing smart eyewear mainstream. 

We are making terrific progress toward widespread adoption of our frames in the optical industry. We have 58 confirmed locations on our store map, we have signed WNBA star Monique Billings to our influencer roster, and we will be attending Vision Expo West this week to introduce our frames to a huge number of optical retailers. 

We have also nearly completed our in-store try on kiosk, which we will be deploying to retailers across North America in Q4 to provide a fun and innovative experience to eyewear customers. See a sample video of it in operation here. We also have a great new Lyte tutorial on our Youtube

It's hard to express how excited we are for the road ahead. The response to our new titanium and sport frames has been fantastic, and the preorders have already started to pour in. They start shipping early next week! We also expect our Vyrb app to launch into beta next month, on October 20th. 

Thanks for reading this final update. We are so grateful for your contribution to the company. As a community-funded business, we could not do it without people like you. Please consider a final investment as we need your support to bring the Lucyd dream across America and beyond.

All the best,
InnoEye Team 

09.13.21

Sep 13 Update - New Lyte Styles Available for Preorder, Ship Sept. 30

Hello Innoeye investors and followers, 

Thank you for supporting our mission to upgrade the world's eyewear! We are excited to announce the launch of our Lyte Titanium and Lyte Sport capsule collections at Lucyd.co. Head over to our site to check out the new styles!

Lucyd brand ambassador Hadar Adora rocking the new 0° Lyte Sport frame.

With 12 styles now available and tons more on the way, at 56 total lens types on offer, the Lucyd brand has established itself as offering the most variety for any line of smart eyewear. 

Thanks again and have a wonderful day! 

All the best,
Innoeye Team

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Innovative Eyewear.

$199.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$199.00

All Investors Club

One pair of standard glasses donated to a South Florida homeless charity on investor's behalf, NFT digital artwork showcasing the unique Lucyd brand, 10% discount on all Lucyd frames through 12/31/22, and affiliate program Legend Membership.

$500.00

Lucyd Teammate

Free pair of Lucyd Lyte Bluetooth e-glasses + $35 custom lens credit, which fully covers Single Rx lens upgrade

$5,000.00

Lucyd Captain

Upgrade your family's eyewear with four free Lucyd Lyte e-glasses + $35 custom lens credit for each unit + 10% bonus shares

$10,000.00

Lucyd Legend

Limited edition, handmade "Lucyd Legends" NFT e-glasses + free pair of standard Lucyd Lyte e-glasses + $35 custom lens credit + 10% bonus shares

$50,000.00

Lucyd Dreamer

Limited edition, handmade "Lucyd Legends" NFT e-glasses + Upgrade your family's eyewear with four free Lucyd Lyte e-glasses + $35 custom lens credit for each unit + 25% bonus shares + two standard fare tickets to Miami, FL to meet the team

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PREVIOUSLY CROWDFUNDED
$1,053,596.00
RAISED
$154,711.74
INVESTORS
235
MIN INVEST
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VALUATION
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