About Olio Devices
Olio Devices is a company based in San Francisco (United States) founded in 2013 was acquired by Flex in June 2017. Olio Devices has raised $14.21 million across 2 funding rounds from investors including Flex, PCH and NEA. Olio Devices operates in a competitive market with competitors including Fitbit, Whoop, iHealth Labs, Garmin International and Misfit Wearables, among others.
- Headquarter San Francisco, United States
- SectorsRetailHealthcare Technology
- Website oliodevices.com
- Social X Facebook
- Acquired by Flex (Jun 2017)
- Legal Name Olio Devices, Inc.
Funding Insights of Olio Devices
Olio Devices has successfully raised a total of $14.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.21 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.21M
- Total Rounds 2
- Last Round Series A — $10.21M
- First Round $4M
(Oct 2014)
- Investors Count 5
All 2 funding rounds of Olio Devices with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $10.21M | Series A | – | New Enterprise Associates | – |
| Oct 2014 | $4M | Seed | – | – |
6 investors in total: 6 institutional.
Investors in Olio Devices
Olio Devices has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Flex, PCH and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Venture capital fund focused on Agtech and multiple sectors | – | serraventures.com | Champaign, United States | |
Investing in early-stage tech companies and ideas. | – | boxgroup.com | - | |
Early-stage tech-focused VC firm investing primarily in the US | – | tuesday.vc | San Francisco, United States | |
End-to-end product development and supply chain solutions are provided. | 1996 | pchintl.com | San Francisco, United States | |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | flex.com | San Jose, United States |
Investor details for Olio Devices
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Olio Devices
831 people are tracked at Olio Devices (337 in leadership, 10 in board & advisors, 484 in team).
| Name | Role | Group |
|---|---|---|
Mike Thoeny | President, Automotive Business Group | Leadership |
Monica Carrillo | Engineering Operations Director | Leadership |
Aaron Pusar | Head Of US Sales - Lifestyle | Leadership |
Jennifer Warshauer | Sr. Director, Organizational Effectiveness | Leadership |
Satish Nagarajan | Director HR Global Business Services | Leadership |
Sarjerao Patil | Director - Business Development, CEC | Leadership |
Antoine Marcos | Senior Vice President, Corporate Finance | Leadership |
Kathy Lu | Sr. Director, Total Rewards Asia | Leadership |
Kelvin Tung | Director, Business Development, Component Services & Infinex | Leadership |
Cameron Carr | Chief Strategy Officer | Leadership |
Brian Mulvey | Senior Director IT Infrastructure & Operations | Leadership |
Paul Baldassari | President, Manufacturing & Services | Leadership |
Timo Rosenkranz | Director Global Engineering Operations & Process Management | Leadership |
Pamela Vanderlinden | Medical Quality Director | Leadership |
Rasha Alnaji | Sr Director, Global Account Management | Leadership |
Florina Winter | Vice President Design & Engineering | Leadership |
Ana Cristina Haro | Sr. Director Talent Acquisition | Leadership |
Rafay Siddiqui | Sr Director - Supply Chain Management | Leadership |
Fayyaz Memon | Sr. Director, Global Account Management | Leadership |
Xavier Boza | Chief Human Resources Officer | Leadership |
811 more people are available in the full profile.
Complete people profiles for Olio Devices
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
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Timeline of Olio Devices
4 dated milestones of Olio Devices across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Olio Devices is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series A, of $10.2M.
- Exit Acquired by Flex.
Competitors of Olio Devices
Olio Devices operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fitbit, Whoop, iHealth Labs, Garmin International and Misfit Wearables, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fitbit.com | 2007 | San Francisco, United States | $65.05M | 1,134 | Smartwatches and fitness trackers are provided for activity monitoring. | |
| whoop.com | 2012 | Boston, United States | $405.69M | 453 | Provider of a smart wearable device for physical activities monitoring | |
| ihealthlabs.com | 2010 | Mountain View, United States | $25M | 104 | Personal healthcare devices for vital monitoring are designed and produced. | |
| garmin.com | 1989 | Olathe, United States | – | 19,900 | Smart fitness trackers and watches are developed for performance monitoring. | |
| misfit.com | 2011 | Burlingame, United States | $63M | – | Wearable devices such as smartwatches and fitness trackers are provided. | |
| matrixindustries.com | 2011 | Menlo Park, United States | $59.31M | 8 | Smartwatches powered by body heat are developed using thermoelectric technology. | |
| coros.com | 2015 | Tustin, United States | $6.1M | – | Connected performance tracking devices are supplied for athletes. | |
| goqii.com | 2014 | Redwood, United States | $109.68M | – | Provider of a wearable wristband integrated with personalized coaching | |
| bodymedia.com | 1999 | Pittsburgh, United States | $27.55M | – | Physiological data is captured by wearable monitors for health monitoring. |
Detailed competitors of Olio Devices
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Olio Devices
The website of Olio Devices (oliodevices.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 141% vs previous month
Websites whose visitors overlap most with Olio Devices. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| angel.co | 100% | – | #722,232 | View details |
Latest news on Olio Devices
Complete news archive for Olio Devices
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- Full article archive
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Similar companies to Olio Devices
10 companies that operate in the same segment as Olio Devices (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Olio Devices
Olio Devices was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Olio Devices is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Olio Devices is a funded company, having raised a total of $14.21M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Oct 2014.
Olio Devices was founded in 2013 in San Francisco, United States, focusing on the wearable technology sector. Luxury lifestyle products, including a connected watch integrated with a personal assistant, were developed for modern professionals. Operations centered on internet-first branding and product innovation. The company was acquired by Flex, Ltd. in 2017, marking the end of independent activities.
Olio Devices's top competitors include Fitbit, Whoop and Matrix Industries.
Olio Devices has 6 investors. Key investors include Flex, PCH, NEA, Serra Ventures, and BoxGroup.
Olio Devices operates through Olio Devices, Inc..
Yes. Olio Devices was acquired by Flex in June 2017.