Stratos, Inc., the Ann Arbor, MI-based creator of the Bluetooth Connected Card™ Platform, secured $5.8m in funding.
Backers included Toba Capital Partners, Western Technology Investment, Resonant Venture Partners and Hyde Park Venture Partners.
The company is using the funds to accelerate and scale recruiting, manufacturing and customer support.
Co-founded by CEO Thiago Olson, COO Chris Bartenstein and CTO Henry Balanon, Stratos provides the Bluetooth Connected Card™ Platform, which combines all plastic cards into a single, smart, dynamic card, to allow people to make informed payment decisions while simplifying transactions through an universally accepted format.
The company is also led by CMO Sheila Dahlgren and CFO and VP Operations Craig Sprinkle.