Theia Labs
- Company typePrivate
- Founded2024
- HeadquartersBudapest, Hungary
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Theia Labs firmographics
Firmographics- Name
- Theia Labs
- Legal name
- Theia Labs Kft.
- Website
- https://theia-labs.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Theia Labs industry classification
Industry- Product category
- Tele-ophthalmology SaaS
- NAICS
- Medical Laboratories (621511), Diagnostic Imaging Centers (621512)
- SIC
- Services-Medical Laboratories (8071), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Ophthalmology & Vision Telemedicine Platforms (HLALAGAL)
- akta.pro secondary industries
- Retinal Imaging & OCT Systems (OCT/OCTA, Fundus Cameras, Fluorescein/ICG Angiography) (HLAHAJAB), Comprehensive Eye Exams & Vision Care (HLAKAKAA)
Keywords
Where Theia Labs is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices1 record
Markets served
Theia Labs business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Fundus and OCT Examination Reporting: Optical shops pay a per-examination fee to Theia Labs for AI-supported image processing and ophthalmologist-issued medical reports. Optical shops charge their own markup to end patients (typically 15,000–25,000 Ft). No entry fee, no monthly subscription. Revenue is purely transaction-based. A single active optics shop doing 3 examinations/day × 22 working days at 10,000 Ft markup can generate 660,000 Ft+ monthly extra revenue.
- Screen Work Physician Recommendation: Issuing official ophthalmologist recommendations for computer screen work certificates required under Hungarian law (50/1999. (XI. 3.) EüM decree). Employers must provide free eye exams for employees working 4+ hours/day at screens. The service enables optical shops to retain customers who would otherwise need to visit a private ophthalmologist. Priced at up to 7,500 Ft per recommendation (0% VAT).
- Clearvis.io Integration Fee: Monthly integration fee for optical shops already using Clearvis.io practice management software to connect their system with Theia Labs. Includes automatic data synchronization, no double data entry, transfer of patient data, refraction, tonometry, and retinal images.
- Bulk/Corporate Credit Packages: From March onwards, credit-based packages for pre-purchased examinations will be available at significant discounts for higher-volume optical chains.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Fundus and/or OCT examination with ophthalmologist report — up to 9,000 Ft/examination |
| Transaction based/ take rate | Pay-as-you-go | Screen work physician recommendation — up to 7,500 Ft/recommendation |
| Subscription | Monthly | Clearvis.io integration — 9,990 Ft/month + VAT |
| Unit Pricing | Multi-year contract | Bulk credit packages — details available post-registration |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Theia Labs product offering
Product offeringCore offering
Theia Labs operates a cloud-based AI-supported tele-ophthalmology platform that enables Hungarian optical shops to upload fundus and OCT retinal images and receive official, EESZT-compatible medical reports issued by licensed ophthalmologists within 2 working days. The platform combines a proprietary AI pre-screening model with a network of specialist ophthalmologists, plus a separate screen-work medical recommendation service and integrations with optical practice management systems.
Product overview
Theia Labs is a digital ophthalmic telemedicine platform (Theia Labs Kft., Hungary) built as a platform-plus-modules architecture. The core product is the Theia Labs Platform for fundus and OCT diagnostic evaluation — a cloud-based system where optical shop partners upload retinal images, an AI module preprocesses and organizes them, and a team of licensed ophthalmologists delivers EESZT-compatible medical reports within 2 business days (guaranteed <48 hours; average 32 hours). This core is supplemented by two modules: (1) the Szakorvosi javaslat képernyő előtti munkavégzéshez (Medical Recommendation for Screen-Based Work) module for employer eyewear benefit certificates, which requires no imaging equipment and delivers within 24 hours; and (2) the Clearvis.io Integration for one-click CRM synchronization. A dedicated ZEISS Partner Platform variant serves the ZEISS optical partner network. All services share a common API layer (OpenAPI 3.0 REST) and patient portal. Pricing is per-transaction (no entry fee, no monthly subscription).
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Report turnaround guaranteed within 2 working days (current average: under 32 hours)
- +5 more outcomes
Companies that use Theia Labs
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Theia Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature6 records
Theia Labs partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, flagship and minor.
- ZEISScoreStrategic partnership with ZEISS (1846, Germany) for the Hungarian optical market. ZEISS is a leading global technology company in optics and optoelectronics, dominant in ophthalmic diagnostic equipment and optical lenses. The collaboration provides ZEISS partners with a dedicated, personalized Theia Labs platform for fundus and OCT image reporting. ZEISS refers its camera customers to Theia Labs, and Theia Labs provides a co-branded registration portal for ZEISS partners. This partnership validates Theia Labs's technical quality against ZEISS's high standards.
- Primus Magánegészségügyi Szolgáltatók Egyesülete (Primus Association)flagshipOfficial membership in Primus, the largest private healthcare services association in Hungary, comprising 62 service providers including leading private hospitals and diagnostic centers. Theia Labs's membership validates its commitment to quality, ethics, transparency, and patient safety standards. Membership also grants access to PrimusCare program providing 80M Ft/year in free medical examinations to families in need.
- Clearvis.iocoreOfficial integration partnership with Clearvis.io, a cloud-based practice management software for optical shops in Hungary. The integration allows Clearvis.io users to send examination data and retinal images to Theia Labs with a single checkbox click at the end of an examination. Synced data includes patient details, refraction, tonometry, and fundus/OCT images. Theia Labs charges 9,990 Ft/month (+VAT) for this integration.
- MediconturcoreStrategic partnership with Medicontur, a major Hungarian ophthalmic market player, to promote fundus photography-based screening solutions more effectively across optical shops. Medicontur's professional background and modern equipment fleet enables Theia Labs screening solutions to reach optical partners through Medicontur's equipment sales channel. Joint goal: elevate Hungarian optical sector digitization and position optical shops as entry points for healthcare.
- Essilor LuxotticaminorEssilor Luxottica (global optical giant) is listed as a device partner alongside Medicontur and ZEISS. When optical shops purchase fundus cameras from these partners, Theia Labs is recommended as the diagnostic reporting solution. Essilor Luxottica is referenced on the homepage as one of the equipment partners helping optical shops get started with fundus imaging.
Scale indicators10 records
Recent moves6 records
Expansion highlights3 records
Theia Labs competitors and assessment
Company assessmentEmerging players
- Thirona Retina: Netherlands-based AI medical image analysis spinoff with retinal screening capability. Comparable as a European AI-ophthalmology vendor targeting clinical and screening channels, though broader in modality.
- Visulytix: UK-based AI-ophthalmology start-up offering retinal disease screening tools for opticians and primary care. Comparable in business model (SaaS AI screening for non-ophthalmologist channels) and European footprint, though at an earlier commercial stage.
Direct peers
- Digital Diagnostics: Pioneer of autonomous AI diagnosis in healthcare (formerly IDx-DR), with the first FDA-cleared autonomous AI diagnostic system. Closest functional peer as a platform combining AI retinal screening with physician oversight and clinical workflow integration.
- Airdoc: China-based AI-ophthalmology company offering AI-assisted retinal image analysis across multiple disease areas via hardware-vendor partnerships. Comparable in business model (AI pre-screening + human validation) and channel strategy (device-vendor distribution).
- RetinaLyze: Denmark-based AI retinal screening platform sold to opticians and primary care across Europe. Most relevant European peer given similar target channel (optical retail), business model, and disease-coverage approach.
- Eyenuk: US-based AI-ophthalmology company with FDA-cleared EyeArt system for autonomous diabetic retinopathy screening. Directly comparable as an AI-driven retinal image analysis platform serving non-ophthalmologist channels, though operating at a larger, international scale with regulatory clearances.
Broad incumbents
- Topcon Healthcare: Global ophthalmic device and software vendor with AI-based screening solutions (e.g., Maestro2, Harmony). Directly comparable as a competitor-via-channel to Theia, given Topcon's relationships with optical retail chains across Europe.
- Heidelberg Engineering: Premium OCT and confocal imaging systems vendor serving ophthalmology practices worldwide. Overlaps with Theia on the OCT analysis workflow and shares the same device-vendor channel, though at much higher price points and acuity.
- Optos: Global ultra-widefield retinal imaging incumbent (owned by Nikon). Comparable as a device-and-software retinal imaging vendor whose customer base overlaps with Theia's optical-shop partners, and which could bundle AI reporting into its own stack.
- ZEISS Medical Technology: Both a partner and an incumbent competitor risk: ZEISS's ophthalmic device division sells fundus cameras, OCTs, and is actively exploring AI integration. If ZEISS decides to internalise reporting, Theia's partnership economics could invert.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Theia Labs compliance and trust
Trust signalCompliance3 records
Theia Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Theia Labs leadership team
Management profileNumber of profiles
Profiles1 record
Theia Labs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Theia Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Theia Labs
What does Theia Labs do?
Theia Labs operates a cloud-based AI-supported tele-ophthalmology platform that enables Hungarian optical shops to upload fundus and OCT retinal images and receive official, EESZT-compatible medical reports issued by licensed ophthalmologists within 2 working days. The platform combines a proprietary AI pre-screening model with a network of specialist ophthalmologists, plus a separate screen-work medical recommendation service and integrations with optical practice management systems.
Is Theia Labs a public or private company?
Theia Labs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Theia Labs founded?
Theia Labs was founded in 2024. It employs 1 to 10 people.
Where is Theia Labs based?
Theia Labs is headquartered in Budapest, Hungary, in the Europe region.
How does Theia Labs make money?
Four revenue lines are on record. Fundus and OCT Examination Reporting is the primary driver. The others are screen Work Physician Recommendation, clearvis.io Integration Fee and bulk/Corporate Credit Packages.
Who are Theia Labs's main competitors?
Emerging players on record are Thirona Retina and Visulytix. Direct peers are Digital Diagnostics, Airdoc, RetinaLyze and Eyenuk. Broad incumbents are Topcon Healthcare, Heidelberg Engineering, Optos and ZEISS Medical Technology.
Does Theia Labs have an API?
Yes. Theia Labs offers a REST API built on OpenAPI 3.0 specification with secure authentication. The API enables integration of the Theia Labs platform with custom-developed or third-party systems, including hospital information systems (HIS), optical CRM platforms, electronic health record (EHR) systems, and proprietary clinic management software. Technical support is provided during implementation. Pricing page does not list public API pricing; API access is requested via a contact form on the integrations page. Developer documentation is at theia-labs.com/hu/contact.
What industry is Theia Labs in?
Theia Labs's product category is Tele-ophthalmology SaaS. Its primary akta.pro industry code is HLALAGAL, Ophthalmology & Vision Telemedicine Platforms, with a secondary code of HLAHAJAB, Retinal Imaging & OCT Systems (OCT/OCTA, Fundus Cameras, Fluorescein/ICG Angiography). Its NAICS code is 621511 and its SIC code is 8071.