What is Boost B2B?
Headquartered in New York, Boost B2B operates as a specialized fintech entity focused on the modernization of business-to-business payment ecosystems. The company provides a comprehensive suite of electronic payment services and payment facilitation tools designed to eliminate traditional friction points in corporate transactions. By integrating advanced B2B payment technology, Boost B2B enables enterprises to streamline their accounts payable and receivable processes, thereby improving operational efficiency and cash flow management. Their market position is defined by a commitment to high-growth, capital-efficient solutions that address the specific needs of large-scale commercial entities.
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, focusing on operational excellence and scalability.
Mosaik Partners
Mosaik Partners invests in next-generation financial technology businesses, leveraging domain expertise to support high-growth companies in developing innovative B2B commerce solutions.
North Atlantic Capital
North Atlantic Capital is a venture capital firm providing growth capital to innovative, later-stage technology businesses across the United States with a focus on the finance sector.
What's next for Boost B2B?
With the recent strategic investment, Boost B2B is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise fintech sector. The company is expected to leverage this capital to enhance its machine learning capabilities, which are essential for optimizing payment processing and fraud detection. Furthermore, the firm will likely focus on scaling its operational infrastructure to support increased transaction volumes and expanding its network of financial partners. By maintaining a focus on high-growth, later-stage technology development, Boost B2B aims to solidify its role as a critical utility in the global B2B commerce landscape, ensuring that its payment facilitation services remain at the forefront of industry innovation.
See full Boost B2B company page
