Voyance secures $500k in a pre-seed round, introduces two new products
Voyance, a Nigerian data infrastructure company, has announced a $500,000 pre-seed funding round.
Beta.Ventures led the round, with Zedcrest Capital, HoaQ Club, and Assembly Investors also participating.
Angel investors included Fola Olatunji-David, founding partner of Kickoff Africa, and Nelly Chatue-Diop, co-founder and CEO of Ejara, among others.
Speaking about the funding, Ovo Emorhokpor, General Partner at Beta.Ventures, expressed his excitement and emphasized the significance of Voyance’s work.
“Data has become one of the most important business assets in the modern era. The secret behind the widely loved Voyance product combines the duality of technical sophistication and consumer-grade experience. Beta.Ventures is delighted to partner with Voyance and lead this pre-seed round.”
Ovo Emorhokpor, General Partner at Beta.Ventures
Ebot Tabi, a software engineer, founded Voyance in 2019 with the goal of assisting B2B businesses in becoming data-driven and making data infrastructure simple for businesses.
In addition, Voyance announced the release of two flagship products, Manhattan DB and Sigma.
Data enables key strategic initiatives and helps businesses make better decisions. Access to high-quality data and analytics is thus critical to a company’s success.
Professionals who work with data can use Manhattan DB to safely and easily store and analyze gigabytes and petabytes of data, build machine learning models, and deploy with zero operational overhead. In essence, it provides businesses with an efficient, scalable, and fully managed data infrastructure.
Sigma began as a fraud monitoring platform that uses aggregated data from African fintechs to protect them from fraudsters. It is now an all-encompassing risk operations platform that can be used to address business issues like transaction monitoring, compliance, and anti-money laundering. Sigma enables businesses to innovate and scale quickly while minimizing risk.
The secret to the widely acclaimed Voyance product is a marriage of technical sophistication and consumer-grade experience. Ovo Emorhokpor, CEO of Beta.Ventures, added, “We are thrilled to be partnering with Voyance and leading this pre-seed round.”
