Ifetcha

Ifetcha is an innovative company that specializes in transforming the electoral process through video technology, providing a secure and transparent alternative to traditional voting methods. Ifetcha operates a revolutionary grassroots system for conducting elections through video technology. Founded in Jakarta, Indonesia, the company has maintained its focus on enhancing electoral integrity. The founder's background information is not publicly available.

Ifetcha raised an undisclosed amount of Angel financing in May 2012, with the investors not disclosed. The company has executed 1 deal as of May 4, 2012. The company offers a revolutionary grassroots system for conducting elections through video technology, positioned as an incorruptible and transparent alternative to traditional voting methods. This innovative approach allows voters to attach home-printed paper ballots to their chests, which contain personal identification and voting choices.

Each voting district, referred to as a 'Nome,' comprises 250 voters who participate in a live, video-recorded looped voting process. This method aims to address issues of election fraud by ensuring that every vote is witnessed and recorded by multiple participants, thus creating a robust verification system. The company primarily targets democracies seeking to enhance electoral integrity and transparency, with potential applications in various international markets keen on improving their election processes. The company's revenue model is built around the implementation of its video election technology, facilitating transactions through direct engagement with governmental bodies and civic organizations.

These transactions occur as part of agreements to deploy the system for nationwide or localized elections, often structured as subscription-based services for electoral events. Clients include state governments, civic associations, and other entities interested in promoting democratic participation. While specific pricing details for the service offerings remain undisclosed, the company’s flagship technology is anticipated to be packaged in a way that allows for adaptable pricing based on the scope and scale of the elections conducted. The revenue is generated from contracts and partnerships that enable clients to utilize the video election platform for various electoral needs, ensuring a continuous flow of transactions as elections are called and conducted.

Ifetcha plans to expand its offerings by introducing new products designed to enhance the electoral process further, although specific details on upcoming releases remain unavailable. The company aims to penetrate international markets, focusing on democracies that seek to improve their electoral systems. The funding raised in May 2012 through Angel financing will support these initiatives, facilitating the development and deployment of their video election technology to a broader audience.