Voatz — The Pioneer in Mobile Voting

The future of voting is mobile.

We’re excited to announce our investment in Voatz. Although their equity crowdfunding campaign on WeFunder has closed, you can learn more about their campaign here.

The Problem

Voting is an outdated process that leads to low voter turnout and in some cases, disenfranchisement.

What The Company Does

Voatz verifies voter’s identities via a smartphone, biometrics, remote identity verification and blockchain, and allows elections to be held online.

Business Model

The current model is based on charging a tiered price per voter per election. In addition, there are professional services fees (such as jurisdiction setup, integration with voter registration systems, messaging, enhanced reporting and security monitoring, etc.). The buyers are the EMBs (election management bodies). A similar pricing model applies to their other services such a verified citizen polling, mobile petitioning/signature collection, shareholder voting, etc.

Traction

Voatz has run 85+ successful elections spanning governments, state political parties, universities, and private organizations. Over thirty counties in 5 states…