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Boom logo — Modern rental financial services.

Boom

Modern rental financial services.

Founded 2020 United States Austin, United States 54 employees Seed Total: $4.50M Financial Services, Fintech +1

General Information

Company Name Boom
Founded Year 2020
Location United States Austin, United States
Employees 54
Industries Financial Services, Fintech, Payments
Funding Stage Seed
Social

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About Boom

Boom is a financial services startup founded in 2020 with the slogan "Flexible and rewarding rent." The company aims to become the financial hub for over 110 million renters in the US. Their innovative approach includes creating rent payment tools that empower renters to pay on their own schedule, simultaneously building credit. In their latest funding round Seed Round, the company secured $4.50 million in investment on 31st May 2023. Notable backers in this round include Clocktower Ventures, Starting Line, Company Ventures, Gilgamesh Ventures, Xffirmers, William Hockey, and Zachary Perret. Boom's mission aligns with the evolving needs of the rental market, and their innovative solutions have positioned them as a promising player in the fintech space.

Business keywords: rent payment tools, financial solutions, credit building, bank transfers, credit cards, debit cards, renter-focused platform, flexible rent payment, rewarding rent, US renters, financial hub, credit-building tools, rent payment

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $4.50M 7
Starting Line, Company Ventures +5
31 May 2023
Seed Round Undisclosed 3
Cyril Berdugo, Everywhere Ventures (The Fund) +1
11 Feb 2022
Pre Seed Round Undisclosed -
29 Nov 2021
Non Equity Assistance Undisclosed -
14 Oct 2021

Boom Alternatives & Competitors

View All Alternatives
Boom vs
Truss
Truss United States

Move money without the heavy lifting.

Venture round
15 employees
B2B, Financial Services
Boom vs
Zenbase
Zenbase Canada

Rent payments for financial health.

Seed
10 employees
Financial Services, Payments
Boom vs
Reku
Reku Indonesia

Aplikasi Investasi Aset Global, terdaftar & diawasi BAPPEBTI, JFX, KBI

Series A
119 employees
Crypto, Financial Services

FAQ About Boom

Modern rental financial services.
Boom was founded in 2020.
Boom is headquartered in Austin, United States.
Boom operates in Financial Services, Fintech and Payments. Its work centres on rent payment tools, financial solutions, credit building and bank transfers.
Boom has approximately 54 employees.
Boom has completed 4 funding rounds, raising a total of $4.50M. The latest funding stage is Seed.
Top alternatives and competitors to Boom include Truss, Zenbase, Reku, Fire, Xente. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Boom and Truss are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Boom, https://bouncewatch.com/company/boom, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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