OkHi A digital smart addressing system for emerging markets.

OkHi is a Smart Addressing System for Emerging Markets

Mission: to enable the 4B people without an address to be included

Raising: $1M Seed+

Team: Timbo Drayson, co-founder and CEO, Google Product Manager where he invented Chromecast, 7 patents to his name

Problem: Financial services must verify their customers’ addresses, but in Nigeria they have to send human agents to their customer’s door; it takes weeks, costs $5

Solution: OkHi is the world’s only digital address verification service that enables any business to verify their customers’ addresses through their mobile app

Traction: 430k total users, 49k new users in Oct, $330k value of 16 signed contracts, $1.4M with +12 contracts in pipeline

Backed by: Google, Bolaji Balogun (Chapel Hill Denham), Founders Factory, Patrick Pichette (ex Google CFO, Chairman Twitter),Nate Blecharczyk (Co-founder AirBnb)