Olio Devices builds the Olio Model One, a premium smartwatch that occupies the space between Apple’s stainless-steel Watch and Android Wear competitors. The watch runs a proprietary OS that filters and prioritizes alerts so wearers are not overwhelmed by smartphone-style notifications. Hardware is positioned as luxury jewelry: stainless-steel versions sell for about $595, while newly announced 24-carat yellow and rose-gold models cost $1,195 on leather straps or $1,395 on matching bracelets. Units are slated to ship in the fall, and preorder activity is described as brisk. The company is led by former engineers from Movado, Apple, and Pixar who emphasize traditional watch aesthetics and long product life. Fresh capital will be directed toward scaling manufacturing capacity and expanding the team, though Olio has not publicly disclosed revenue or user figures.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2015