Voyatek, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Voyatek, Inc. - overview
Established
2005
Location
Columbia, MD, US
Primary Industry
Software
About
Voyatek, Inc. , operating as GCOM Software, LLC, delivers innovative technology solutions designed for public sector agencies and higher education institutions, focusing on enhancing operational efficiency and improving service delivery. Voyatek, Inc. is a company that provides technology solutions primarily for government and educational sectors.
Founded in 2005 and headquartered in Columbia, US, Voyatek has undergone significant business evolution, including a merger with OnCore Consulting, LLC in August 2023. The company has executed a total of 2 deals, with CEO Kamal Bherwani leading the firm since its inception. Voyatek specializes in providing outcome-driven technology solutions tailored for public sector agencies and higher education institutions across the United States. Their core product offerings focus on critical areas such as Tax & Revenue, Health & Human Services, and Justice & Public Safety.
Notable solutions include the Voyatek RevHub, an enterprise platform designed specifically for state tax agencies to enhance fraud detection and improve self-service experiences, and the Student Success Analytics (SSA) Cloud, which delivers real-time insights for higher education institutions to support targeted strategies. These products are aimed at improving population wellbeing, creating safer communities, and fostering economic growth, thereby serving a diverse clientele that includes state agencies, local governments, educational institutions, and service providers. The company's solutions are primarily deployed in various markets nationwide, addressing the unique challenges faced by public sector entities in different regions. Voyatek generates revenue through a business model that includes B2B transactions with government agencies and educational institutions.
For the year 2016, the company reported revenue of USD 75. 10 mn. Their offerings are structured around software solutions that may involve subscriptions or licensing agreements, where clients engage in long-term contracts for the use of Voyatek's products. This transactional framework allows for ongoing support and updates, ensuring that clients remain aligned with evolving operational needs and compliance requirements.
Flagship offerings such as Voyatek RevHub and SSA Cloud are designed to provide substantial value through enhanced analytics and operational efficiencies for clients. The recent merger with OnCore Consulting, LLC will allow Voyatek to strengthen its service offerings and capabilities. Future growth plans include the development of new products to enhance service delivery for public sector clients. Additionally, the company aims to expand its market presence into new regions across the United States by the end of 2024, leveraging the combined resources of both firms.
The recent funding through the merger will be utilized to support these initiatives and foster the development of innovative solutions tailored to the needs of their clientele.
Current Investors
Cerberus Capital Management, Sagewind Capital, Bagnols Family Office Investment Partners
Primary Industry
Software
Sub Industries
Consulting Services, Healthcare IT, Analytics & Performance Software, Systems Management Software
Website
www.voyatek.com/
Verticals
Cloud Computing, HealthTech, RegTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Voyatek, Inc. - financials
| Fiscal Year Ended | Dec 31, 2016 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Voyatek, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | OnCore Consulting, LLC | - | ||||||||
| Add-on | Completed | ASR Analytics, LLC | - | ||||||||
| Add-on | Completed | Qlarion Inc. | - | ||||||||
| Add-on | Completed | 20/20 Teknology | - | ||||||||
| Add-on | Completed | GANTECH Inc. | - |
Displaying 1 - 5 of 7
Voyatek, Inc. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.