What is Boost B2B?
Headquartered in New York, NY, Boost B2B is a financial technology company specializing in electronic payment services, B2B payment technology, and payment facilitation. The company is dedicated to streamlining and enhancing business-to-business payment processes through advanced technological solutions. Boost B2B aims to address the complexities and inefficiencies often found in traditional B2B payment systems, offering a more integrated and effective approach for enterprises.
How much funding has Boost B2B raised?
Boost B2B has raised a total of $34.4M across 3 funding rounds:
Series B
$12M
Debt
$350K
Series C
$22M
Series B (2019): $12M with participation from Mosaik Partners and North Atlantic Capital
Debt (2020): $350K led by PPP
Series C (2021): $22M supported by Invictus Growth Management
Key Investors in Boost B2B
Invictus Growth Management
Invictus Growth Partners specializes in investing in technology companies, particularly in the sectors of cybersecurity, SaaS, fintech, and cloud software. They focus on partnering with world-class founders and management teams to empower operational excellence and accelerate growth.
Mosaik Partners
Mosaik Partners invests in next-generation financial technology businesses, partnering with experienced founders to enhance B2B commerce. They leverage their capital, domain expertise, and extensive network to support high-growth companies and entrepreneurs in developing innovative financial technologies.
North Atlantic Capital
North Atlantic Capital is a venture capital firm founded in 1986 and based in Portland, Maine. The company provides growth capital to innovative technology companies across the United States, focusing on high-growth, later-stage technology businesses.
What's next for Boost B2B?
The recent major strategic investment signals a pivotal phase for Boost B2B, likely enabling accelerated expansion of its service offerings and market reach. This capital infusion is expected to fuel further development of its B2B payment technology and payment facilitation platforms. Boost B2B is poised to leverage this financing to solidify its competitive advantage, potentially exploring new partnerships and enhancing its technological infrastructure to meet the evolving demands of the enterprise payment landscape. The company's focus on innovation and strategic growth suggests a continued upward trajectory.
See full Boost B2B company page
