Oamo Raises USD1.25M in Pre-Seed Financing

Oamo Co-Founders Yannick Folla & Ahmed Hadjeres
Co-Founders Yannick Folla & Ahmed Hadjeres

Oamo, a Montreal, Canada-based decentralised data broker that enables users to own and monetize their data while remaining anonymous, raised $1.25m USD in pre-seed financing.

White Star Capital made the investment.

The company intends to use the funds to expand operations and its development efforts with its beta phase coming soon.

Founded in November 2022 by CEO Yannick Folla and CTO Ahmed Hadjeres, Oamo is a decentralized data broker that empowers internet users to own and monetize the value of their data. They can share their data anonymously, earn rewards, and receive personalized offers from companies they trust.

It also alllows Web3 leaders charge their growth initiatives across DeFi, NFTs, Gaming, Wallets, and more. In details, Oamo allows businesses to acquire high quality user data, understand their audience’s behavior, and create personalized campaigns. Index Coop, Lighthouse World, Ledn and Saddle Finance have joined its launch program.

Read more about the product in development here