Volt secures $3M seed funding to enhance next gen SMS cost reduction

Software companies can achieve cost and time savings by utilising a category-defining developer suite, which streamlines and optimises SMS programmes via a centralised platform.

In an SMS regulatory environment that is becoming progressively more complex, Volt automates number registration compliance and provides proactive delivery reporting.

Volt, the leading infrastructure platform for Messaging Operations (Ops) that streamlines delivery reporting and number registration compliance for software companies and enables them to integrate with multiple SMS providers, has closed its $3 million pilot round. Mercury presided over the funding round, which also included Yellow Rocks, Atento Capital, Uncorrelated Ventures, and Stout Street Capital. With the additional capital, Volt will be able to accelerate and improve its product development efforts, as well as expand its workforce strategically.

Matt Morfopoulos and Martin Langelo Lien established Volt, which debuted in the middle of 2022. The concept for the company originated from the founders’ direct encounter with the inefficiencies of SMS compliance operations while managing a text marketing firm for a period of three and a half years. It was while operating this company that they came to understand the critical nature of infrastructure required to maintain compliance across all carriers. Volt was developed to assist organisations in handling the intricacies of enterprise-level text messaging and to substantially decrease the number of engineering hours devoted to internal infrastructure maintenance. By utilising Volt’s centralised API, organisations can efficiently oversee all of their SMS providers from a single location, assist brands in navigating the challenges associated with phone number registration, and obtain up-to-the-minute insights on SMS deliverability to guarantee prompt resolution of issues across all providers. Its headquarters are in Tulsa, Oklahoma.

Since the spring of 2021, when phone carriers implemented the 10 Digit Long Code regulation, businesses have faced SMS challenges. Volt’s Co-Founder and CEO, Martin Langelo Lien, stated, “With increasing regulatory complexities, protecting businesses from costly fines for non-compliance is crucial.” He added, “We founded Volt to address these issues, starting with registering phone numbers with carriers.” Without help from traditional SMS providers or carriers, software firms waste millions on repetitive tasks. We appreciate our investors’ support in tackling this issue and look forward to advancing our product line.

Volt has achieved operational profitability and over 100% revenue growth in Q1 2024. It has formed strategic alliances with leading communications technology firms like Twilio, Vonage, Telnyx, and Bandwidth. Volt offers a wide range of media, technology, and two-factor authentication platforms and collaborates with numerous software vendors to help clients comply with carrier standards while ensuring positive SMS experiences. To date, approximately 550 million communications have been processed through Volt’s platform.

Matt Morfopoulos, Co-Founder and Head of Growth, stated, “With our expanding team and capabilities, we will address numerous opportunities in Messaging Ops. This latest funding round will help us raise awareness, solve our partners’ key problems, and support carriers’ efforts to maintain a spam-free SMS channel.”

Heath Butler from Mercury Fund commented, “Volt is defining an essential category in SMS Messaging Operations. We are impressed by their rapid success and disciplined growth. Volt will remain a reliable provider, enhancing SMS infrastructure.”