What is Boast.AI?
Boast.AI is a technology company that provides software designed to integrate financial, payroll, and engineering data, offering a comprehensive platform for R&D intelligence. The company also leverages its in-house tax expertise to assist organizations in navigating R&D tax credit and SR&ED eligibility requirements. This dual approach ensures clients can access all eligible sources of non-dilutive funding, with Boast.AI offering support to defend claims against audits. Operating across the U.S. and Canada, Boast.AI has empowered over 1,000 companies to optimize their funding acquisition processes, securing capital more efficiently and with reduced risk.
How much funding has Boast.AI raised?
Boast.AI has raised a total of $123M across 2 funding rounds:
Series A
$23M
Debt
$100M
Series A (2020): $23M with participation from Radian Capital
Debt (2021): $100M, investors not publicly disclosed
What's next for Boast.AI?
The recent major strategic investment signals Boast.AI's transition into a scaling phase, likely focusing on expanding its market reach and enhancing its platform capabilities. The company's focus on integrating financial and engineering data for R&D intelligence, coupled with its specialized tax credit services, positions it to capitalize on the increasing demand for efficient capital solutions and R&D incentives. Future developments may include further platform innovation, strategic partnerships, and an expanded service offering to cater to a broader range of innovative businesses seeking non-dilutive funding.
See full Boast.AI company page
