Overstock's Medici Ventures leads $7M funding round for blockchain voting startup

posted 4 months ago
Blockchain-based mobile voting platform Voatz raised $7 million in a funding round led by Overstock’s Medici Ventures, Techstars, and Urban Innovation Fund. Voatz has successfully completed local voting trials in Denver and Virginia. Voatz’s app uses biometrics, encryption and blockchain tech to enable secure and auditable voting. The firm has also previously assisted voting events held by political parties, universities, labor unions and nonprofits.

“Voatz has the potential to revolutionize the way we vote. By providing access through a mobile device, Voatz can dramatically increase citizen participation, and the company is committed to ensuring everyone votes safely and securely,” said Julie Lein, managing partner at Urban Innovation Fund.
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