How Much Did BoomTech Raise?
Funding & Key Investors

BoomTech, a prominent IT consulting firm, has secured $503K in total capital, with its most recent funding round bringing in $353K through a major strategic investment. This significant financial backing underscores the company's established presence and its strategic growth initiatives within the enterprise IT services sector.

What is BoomTech?

BoomTech
Business ServicesSoftware Testing

BoomTech IT, Inc., headquartered in Boca Raton, is a leading IT consulting company specializing in comprehensive managed IT services, robust cybersecurity solutions, seamless cloud services, and critical business continuity planning. The company primarily serves businesses across various sectors, including legal, financial, and wholesale distribution, with a strong focus on the South Florida region. BoomTech distinguishes itself through its proactive IT management approach, aiming to mitigate business risks, enhance operational productivity, and foster sustainable growth for its clientele. Their commitment to client satisfaction is further evidenced by a 60-day money-back guarantee.

How much funding has BoomTech raised?

BoomTech has raised a total of $503K across 2 funding rounds:

2020

Debt

$150K

2025

Debt

$353K

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

Debt (2025): $353K led by Bank of America

Key Investors in BoomTech

PPP

Public-Private Partnership

Bank of America

Bank of America is a global financial institution providing a wide range of banking and financial services, including corporate lending and investment banking, to businesses of all sizes.

What's next for BoomTech?

The recent major strategic investment signals a pivotal phase for BoomTech, likely enabling accelerated expansion of its service offerings and market reach. This capital infusion is expected to fuel advancements in their cybersecurity and cloud service portfolios, potentially through enhanced research and development or strategic acquisitions. The company's focus on enterprise-level solutions suggests a trajectory towards larger client engagements and deeper integration within client IT infrastructures, solidifying its position as a key player in the IT consulting landscape.

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Frequently Asked Questions Regarding BoomTech Financial Insights

What are the most recent funding rounds that BoomTech has completed, and what were the funding rounds?
BoomTech has recently completed 2 funding rounds: Debt on Jun 30, 2025, Debt on Apr 15, 2020.
What is the total amount of funding BoomTech has raised to date?
BoomTech has raised a total of $503K in funding to date.
How many funding rounds has BoomTech completed?
BoomTech has completed 2 funding rounds.
How much funding did BoomTech raise in its most recent funding round?
BoomTech raised $353K in its most recent funding round.
Who are the lead investors in BoomTech's latest funding round?
The lead investor in BoomTech's latest funding round was Bank of America. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BoomTech's history?
The largest funding round in BoomTech's history was $353K.
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