What is Boost B2B?
Headquartered in New York, NY, Boost B2B, also known as Boost Payment Solutions, is a prominent financial technology company. The firm specializes in providing comprehensive electronic payment services, advanced B2B payment technology, and robust payment facilitation solutions. Its offerings are designed to streamline and enhance business-to-business transactions, positioning Boost B2B as a key player in the evolving fintech sector.
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 North Atlantic Capital and Mosaik Partners
Debt (2020): $350K led by PPP
Series C (2021): $22M supported by Invictus Growth Management
Key Investors in Boost B2B
North Atlantic Capital
North Atlantic Capital is a venture capital firm founded in 1986, focusing on providing growth capital to innovative technology companies across the United States, particularly in high-growth, later-stage technology businesses.
Mosaik Partners
Mosaik Partners invests in next-generation financial technology businesses, leveraging capital, domain expertise, and an extensive network to support high-growth companies and entrepreneurs in developing innovative financial technologies.
Invictus Growth Management
Invictus Growth Partners specializes in investing in technology companies, particularly in cybersecurity, SaaS, fintech, and cloud software, focusing on empowering operational excellence and accelerating growth.
What's next for Boost B2B?
The recent major strategic investment signifies a pivotal moment for Boost B2B, likely enabling accelerated expansion of its B2B payment technology and market reach. This influx of capital is expected to fuel further innovation in payment facilitation and support the company's growth trajectory as it navigates the competitive enterprise-level funding environment. Future developments may include enhanced platform capabilities and strategic partnerships to solidify its market position.
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