ImpactAlpha, June 10 – Before the 2016 U.S. elections, President Obama noted the emergence of election tech, designed to create “safe, secure, smart systems for people to be able to vote much easier online.” One such tech startup, Voatz, just raised $7 million for its biometrics and blockchain-based software to make voting more convenient and tamper-proof.
Voatz’s software was originally designed for university elections. Its application has since been adopted by labor unions, non-profits and town governments and is now being picked up by city and state governments, like West Virginia, which piloted Voatz for absentee voting in the 2018 mid-term election. It has supported nearly 40 elections since launching in 2016.
Voatz’s latest funding round was backed by Techstars, as well as prior investors Medici Ventures, Urban Innovation Fund and Oakhouse Partners, which backed the company’s $2.2 million round last year.