How Much Did BoardActive Raise?
Funding & Key Investors

BoardActive has successfully secured a significant capital injection, bringing its cumulative financial backing to $346K. This latest infusion of $196K represents a major strategic investment, underscoring the company's robust growth trajectory within the competitive landscape of mobile engagement technology. By leveraging this debt-based financing, the firm is well-positioned to accelerate its operational scale and solidify its market presence as a leader in location-aware software solutions.

What is BoardActive?

BoardActive
SoftwareCustomer Engagement PlatformsMobile App Development

BoardActive operates a sophisticated customer engagement platform that leverages patented geolocation technology to bridge the gap between digital app experiences and physical user journeys. By providing marketers and app owners with granular tools for geofencing and real-time data analytics, the company facilitates highly personalized messaging that drives user retention and conversion. The platform serves a diverse array of sectors, including retail, media, travel, and education, offering a comprehensive suite of features designed to optimize audience segmentation and enhance the efficacy of mobile notifications. Through its focus on actionable insights and proximity-based interactions, BoardActive has established itself as a critical infrastructure provider for businesses seeking to maximize the lifetime value of their mobile user base.

How much funding has BoardActive raised?

BoardActive has raised a total of $346K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$196K

Debt (2020): $150K with participation from PPP

Debt (2021): $196K led by PPP

Key Investors in BoardActive

PPP

Public-Private Partnership

What's next for BoardActive?

With the successful closure of this late-stage financing round, BoardActive is poised to transition into a phase of aggressive market expansion and product refinement. The strategic deployment of this capital will likely focus on enhancing the platform's predictive analytics capabilities and expanding its footprint across international markets. As the demand for hyper-personalized, location-based marketing continues to surge, BoardActive's ability to integrate seamless in-app experiences with real-world physical data will be a key differentiator. The company is expected to prioritize the development of advanced machine learning models to further automate user engagement, ensuring that its clients remain at the forefront of mobile marketing innovation while maintaining high standards of data privacy and user experience.

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Frequently Asked Questions Regarding BoardActive Financial Insights

What are the most recent funding rounds that BoardActive has completed, and what were the funding rounds?
BoardActive has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 13, 2020.
What is the total amount of funding BoardActive has raised to date?
BoardActive has raised a total of $346K in funding to date.
How many funding rounds has BoardActive completed?
BoardActive has completed 2 funding rounds.
How much funding did BoardActive raise in its most recent funding round?
BoardActive raised $196K in its most recent funding round.
Who are the lead investors in BoardActive's latest funding round?
The lead investor in BoardActive's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BoardActive's history?
The largest funding round in BoardActive's history was $196K.
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