About Voatz
Voatz is a company based in Boston (United States) founded in 2014 by Nimit Sawhney.. Voatz has raised $8.3 million across 5 funding rounds from investors including Techstars, Urban Innovation Fund and Oakhouse Partners. The company has 9 employees as of December 31, 2023. Voatz offers products and services including Mobile Voting App, Administrative Dashboard, Blockchain-backed Audit Portal, and Web Voting. Voatz operates in a competitive market with competitors including Scytl, Smartmatic, SAG Infotech, Dominion Voting and Knowink, among others.
- Headquarter Boston, United States
- Employees 9 as on 31 Dec, 2023
- Founders Nimit Sawhney
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Voatz, Inc.
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Annual Revenue
$812.19 K-15as on Dec 31, 2023
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Net Profit
$-786.12 K3as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$8.3 M (USD)
in 5 rounds
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Latest Funding Round
$1.3 M (USD), Series A
Apr 20, 2021
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Investors
Techstars
& 5 more
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Employee Count
9
as on Dec 31, 2023
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Products & Services of Voatz
Voatz offers a comprehensive portfolio of products and services, including Mobile Voting App, Administrative Dashboard, Blockchain-backed Audit Portal, and Web Voting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for secure and accessible mobile voting in elections
Tool for administrators to manage secure election processes
Portal for auditing and verifying election results transparently
Web-based system for secure remote voting options
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Funding Insights of Voatz
Voatz has successfully raised a total of $8.3M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.3 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $1.3M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - Voatz | Valuation |
investors |
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| Mar, 2019 | Amount | Series A - Voatz | Valuation | Techstars | |
| Nov, 2017 | Amount | Grant - Voatz | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Voatz
Voatz has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Techstars, Urban Innovation Fund and Oakhouse Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Seed-stage sector-agnostic VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Early-stage investments in technology startups are made by Oakhouse Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Voatz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Voatz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Voatz Comparisons
Competitors of Voatz
Voatz operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scytl, Smartmatic, SAG Infotech, Dominion Voting and Knowink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
End-to-end election management and governance solutions are provided.
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| domain | founded_year | HQ Location |
Electronic voting solutions are delivered by Smartmatic for global elections.
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| domain | founded_year | HQ Location |
Web-based election management software is provided for administrators and volunteers.
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| domain | founded_year | HQ Location |
Election management software is provided for secure voting processes.
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| domain | founded_year | HQ Location |
Election management software suite is provided for polling and tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Voatz
Frequently Asked Questions about Voatz
When was Voatz founded?
Voatz was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Voatz located?
Voatz is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Voatz?
Nimit Sawhney is the current CEO of Voatz. They have also founded this company.
Is Voatz a funded company?
Voatz is a funded company, having raised a total of $8.3M across 5 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on May 03, 2017.
How many employees does Voatz have?
As of Dec 31, 2023, the latest employee count at Voatz is 9.
What is the annual revenue of Voatz?
Annual revenue of Voatz is $812.19K as on Dec 31, 2023.
What does Voatz do?
Founded in 2014 and based in Boston, United States, Voatz operates in the election technology sector. A mobile platform is provided for voting in events such as municipal, state, national, corporate, university, co-op, labor union, and proxy shareholder activities. Blockchain technology is integrated for recordkeeping, identity verification, and auditing, while biometrics are used for security management.
Who are the top competitors of Voatz?
Voatz's top competitors include Scytl, SAG Infotech and Modern Democracy.
What products or services does Voatz offer?
Voatz offers Mobile Voting App, Administrative Dashboard, Blockchain-backed Audit Portal, and Web Voting.
Who are Voatz's investors?
Voatz has 6 investors. Key investors include Techstars, Urban Innovation Fund, Oakhouse Partners, Medici Ventures, and MassChallenge.