Stratos

others

STATUS: Acquired/Merged
FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 19/01/2021

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

Stratos is more than a device, its a connected, cloud-based platform designed for todays infrastructure. Stratos merges the efficiency and familiarity of a conventional payment card with the power and convenience of a mobile wallet. Merchants do not need to change their infrastructure to use Stratos, and consumers swipe just as they always have. Stratos membership is also future proof as the industry evolves. The company is actively collaborating with card associations and major U.S. banks to adapt the latest, most secure payment protocols, including EMV and tokenization.

MEDICI Analysis

Stratos Inc., is the creator of the Bluetooth Connected Card Platform. Stratos Card combines all plastic cards into a single, smart, dynamic card, empowering people to make better, more informed payment decisions while simplifying transactions through a secure, familiar and universally accepted format. Stratos was acquired by CardLab Innovation, ApS in January 2017.

Focus

PRODUCTS & SERVICES

Stratos Card Stratos combines all plastic cards into a single, smart, dynamic card, empowering people to make better, more informed payment decisions while simplifying transactions through a secure, familiar, universally accepted format.

REVENUE MODEL

The company generates revenue from a subscrption-based model, i.e., it charges $95 for annual membership.

Traction

VALUATION / MARKET CAP:

$38.67 M in 2015

COMPANY TYPE:

For Profit

People

FOUNDERS

Christopher Bartenstein

BOARD MEMBERS AND ADVISORS

Ryan Schram

Matthew Bower

Andre Neumann-Loreck

Dug Song

Jeff Schox

Thiago Olson

Todd Burger

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Hyde Park Venture Partners

Resonant Venture Partners

Toba Capital

Western Technology Investment

KEY EMPLOYEES:

Thiago Olson

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$5.8 M

DATE OF LAST FUNDING

Oct 2014

IPO STATUS

Private

FUNDING SERIES

SERIES A  · ---  · Aug 2013

OTHERS  · $5.8 M · Oct 2014

DEBT FUNDING

$100 K

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

Ciright ONE

ANNOUNCED DATE

Dec 2015

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

540

AVERAGE VISITS (6 MONTHS)

548.83

MONTHLY VISITS GROWTH

58.76%

VISIT DURATION

91

VISIT DURATION GROWTH

6,705.38%

PAGE VIEWS VISIT

1.7

PAGE VIEWS VISIT GROWTH

27.56%

BOUNCE RATE

60.01%

BOUNCE RATE GROWTH

-6.47%

GLOBAL TRAFFIC RANK

9,168,534

MONTHLY RANK CHANGE

-7,908,488

MONTHLY RANK GROWTH

-46.31%

Innovation Programs

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp