Voyance, a Nigerian data infrastructure company, has disclosed that it raised $500,000 in pre-seed funding round. The round was led by Beta.Ventures with participation from Zedcrest Capital, HoaQ club, and Assembly Investors.
Angel investors such as Fola Olatunji-David, founding partner of Kickoff Africa, and Nelly Chatue-Diop, the co-founder and CEO of Ejara amongst others contributed to the round.
Speaking on the funding, Ovo Emorhokpor, General Partner at Beta.Ventures expressed his delight and mentioned the importance 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
Voyance was founded in 2019 by Ebot Tabi, a software engineer with a mission to help B2B businesses become data-driven and make data infrastructure simple for businesses.
Voyance also announced the rollout of two flagship products namely Manhattan DB and Sigma.
Data helps businesses make better decisions, , and enables key strategic initiatives. Access to quality data and analytics is therefore critical to the success of businesses.
With Manhattan DB, professionals who deal with data can safely and easily store and analyse gigabytes and petabytes of data, build machine learning models and deploy with zero operational overhead. In essence, it provides efficient, scalable and fully managed data infrastructure to businesses.
Sigma was initially a fraud monitoring platform that uses aggregated data from fintechs within Africa to protect them from fraudsters. Now, it is an encompassing risk operations platform that can be used to address business problems such as transaction monitoring, compliance and anti-money laundering. Sigma allows businesses to innovate and scale quickly without increased risk.
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 added.
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