FOLSOM, Calif.--(BUSINESS WIRE)--Wasting time looking for their wallet, keys and phone is the bane of every busy woman’s existence. People spend an average of 15 minutes each day searching for cell phones and keys according to a survey conducted in the UK. To solve this problem, New Wallet Inc. today announced it will launch its new product—an organized wallet and protective iPhone case with a Bluetooth low energy key fob that provides integrated tracking technology—on Kickstarter April 21, 2015. No more losing keys, phones or wallets!
“We designed New Wallet with women in mind, understanding how busy we all are with work, family, fitness...with life. We wanted a better way to stay organized and stop wasting time looking for the things we carry around the most,” said Karen Crawford, CEO of New Wallet. “New Wallet combines your iPhone and wallet into one simple device that keeps you organized, protected and connected. We’ve included a Bluetooth fob that keeps your New Wallet and keys connected digitally so you won’t lose them without an alarm sounding. This acts as a digital leash enabling you to press a button on the key fob or a button in the New Wallet app as a quick way to locate them.”
New Wallet is an alum of Velocity Venture Capital’s Entrepreneurs Showcase accelerator program. Velocity’s team supports the Entrepreneurs Showcase program that ignites, accelerates and capitalizes entrepreneurs through mentorship and networking with industry leading CEOs and world-class corporate investors. “When Karen and her team presented New Wallet to us, we knew they had a great product concept and were solving a real-world issue,” said Monique Brown, Operations Partner at Velocity and Executive Director of the Entrepreneurs Showcase. “We’re excited to see this innovative product get to market leveraging the Kickstarter crowdfunding platform.”
Key Value Proposition and Features of New Wallet
- Flip ID
- Fanned credit card holder
- Easy access to your most important items
- RFID blocking
- Durable case
- Locking mechanism (audible sound that lets you know your stuff won't fall out)
- Clamshell design (so your stuff doesn't hang out precariously while you're on the phone)
- Automatic alerts when lost or stolen
- Key fob activated alert
- Distance alarms and safe zones
- Easy-to-use app
New Wallet will be available for all versions of iPhone 5 and 6 for $39-$69.
About New Wallet
New Wallet, Inc. is a consumer products company that develops innovations to simplify life. Our initial product elegantly integrates your mobile phone, wallet, and car keys into a solution that is organized, protected, and connected. New Wallet believes that when things are simplified we are empowered with a greater level of freedom to operate in this fast paced and highly mobile world. New Wallet is dedicated to improving consumers’ lives, allowing them to spend less time searching for their phone, keys or wallet -- and spend more time with family and friends. New Wallet is driving innovation with products that organize, protect and connect while reducing the things we need to carry with us as we “do life”. For more information, visit http://www.newwallet.com/
Road To Kickstarter video series: https://vimeo.com/roadtokickstarter
About Velocity Venture Capital
Velocity Venture Capital is an investment and advisory firm that invests in information technology companies as they converge with key market sectors like Security, Medical, Energy, and Education. Velocity targets investments alongside corporate venture firms in the US with special attention paid to startup companies in Northern California.
Velocity powers the non-profit Entrepreneurs Showcase (www.entrepreneursshowcase.com). Launched in 2009, the Entrepreneurs Showcase accelerator is a 10-week program that educates and mentors top startups and graduate students then connects them to other entrepreneurs, Fortune 500 corporations, policymakers and investors facilitating knowledge, experience, idea and resource sharing. Velocity and the Entrepreneurs Showcase accelerator are headquartered at its Entrepreneurs Campus in the Sacramento region just east of the Silicon Valley.