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Voatz Raises $2.2 Million Seed Funding

Voatz Raises $2.2 Million Seed Funding
Credit: voatz.com

Voatz, a mobile election voting and citizen engagement platform, announced today that it has raised more than $2.2 million in seed round funding led by Medici Ventures, with participation from the Urban Innovation Fund and Oakhouse Partners. Other notable investors in the round include Walt Winshall, Michael Dornbrook, Joe Caruso and members of the Walnut Ventures Angels Group.

Voatz enables citizens to vote in many types of elections via a secured smartphone or tablet. The Voatz platform uses biometrics for security and blockchain technology to ensure tamper-proof recordkeeping, identity verification and auditing. According to the company, several leading universities, labor unions, state political parties, church groups and nonprofits have already successfully deployed its platform for internal elections, convention voting, and other voting functions.

“Voatz is a great addition to the Medici Ventures portfolio,” said Medici Ventures President Jonathan Johnson. “The Voatz team has developed a leading solution to usher in an era of greater efficiency and transparency in voting. Democracy will benefit greatly from critical improvements blockchain technology can bring to voting systems. For example, providing secure, immutable record keeping will bring greater confidence in accurate results, and ease of use will lower the barrier to entry for citizens to participate in elections. We look forward to partnering with the Voatz team to improve this critical function of society.”

The company plans to use the new capital to add to its business development team, expand reach across the United States and accelerate the development of new product features.

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