What is Boom?
Founded in 2014, Boom operates at the intersection of aerospace innovation and commercial logistics. The company is dedicated to the design and manufacture of supersonic airplanes, aiming to make global travel faster and more accessible. By integrating advanced materials and propulsion technologies, Boom seeks to overcome the historical barriers of supersonic flight, such as fuel efficiency and sonic boom mitigation. Its market position is bolstered by a diverse coalition of backers, ranging from institutional venture capital firms to strategic partnerships with global aviation leaders, reflecting a broad consensus on the viability of its long-term technological roadmap.
How much funding has Boom raised?
Boom has raised a total of $512.4M across 7 funding rounds:
Private Equity
$6.4M
Series A
$33M
Private Equity
$10M
Series B
$100M
Unspecified
$3M
Grant
$60M
Unspecified
$300M
Private Equity (2016): $6.4M, investors not publicly disclosed
Series A (2017): $33M led by Caffeinated Capital, 8VC, Palm Drive Ventures, RRE Ventures, and Y Combinator
Private Equity (2017): $10M supported by Japan Airlines
Series B (2019): $100M featuring SV Angel, Sam Altman, Emerson Capital, Ron Conway, Paul Graham, Caffeinated Capital, Y Combinator Continuity, and Michael Marks
Unspecified (2020): $3M backed by Undisclosed
Grant (2022): $60M with participation from U.S. Air Force
Unspecified (2025): $300M led by Altimeter Capital, Y Combinator, ARK Investment Management, and Bessemer Venture Partners
Key Investors in Boom
Altimeter Capital
Altimeter Capital is an investment firm that partners with technology companies from early growth through public markets, managing concentrated portfolios to support durable value creation.
Y Combinator
Established in 2005, Y Combinator is a premier startup accelerator that provides seed funding and strategic guidance to early-stage businesses across various technology sectors.
ARK Investment Management
ARK Invest is a global asset manager specializing in thematic investing focused on disruptive innovation, including artificial intelligence and advanced aerospace technologies.
What's next for Boom?
With the recent injection of capital, Boom is expected to focus on critical milestones in its flight testing and manufacturing programs. The company's strategic trajectory involves scaling its operational capacity to meet the rigorous demands of commercial certification. As it moves forward, the firm will likely prioritize the refinement of its proprietary engine technology and the expansion of its supply chain partnerships. This phase of growth is essential for maintaining its competitive edge in the aerospace sector, ensuring that the company remains on track to deliver the next generation of supersonic transport to the global market.
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