Qvivr began as the maker of SWYP, a programmable multi-account credit/debit card, and was founded in 2014. The company shipped only a few SWYP units before halting production due to manufacturing issues and plans to resume shipments next summer to fulfill preorders and waiting-list orders. After fulfilling those commitments, Qvivr does not plan to continue selling the original SWYP product. The startup has raised a $5M Series A to fund development of a new hardware product aimed at millennials that leverages SWYP technologies such as a Bluetooth-connected graphical display. The new product is expected to drop the multi-card programming features and may instead be a swipe-style card with a display, a design Qvivr believes could appeal to banks as a differentiation tool. Qvivr is an early-stage company created by a couple of Ph.D.s that focuses on Internet of Things retail analytics. The company’s website describes its idea as “a cool idea that is going to revolutionize the world.” The article identifies its core product area as IoT retail analytics but provides no technical or product details. Qvivr has recently completed a financing round and its financial position following the raise is briefly reported. No operating metrics (revenue/users) or use-of-proceeds details are provided in the article. The piece also does not disclose investors, founding year, location, or past fundraising history.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2017