What is Boosted?
Boosted USA is a prominent player in the electric personal transportation market, offering a range of high-performance electric scooters, skateboards, and accessories. Their product line includes popular models such as the Boosted Revs, Boosted Plus, and various electric bikes and longboards, designed to cater to urban commuters and recreational riders seeking efficient and stylish mobility. The company emphasizes reliability, cutting-edge technology, and customizable options to enhance the user experience, aiming to make urban navigation more enjoyable and efficient.
How much funding has Boosted raised?
Boosted has raised a total of $60M across 1 funding round:
Series B
$60M
Series B (2018): $60M with participation from Stanford-StartX Fund, Inovia, Bay Meadows, and Khosla Ventures
Key Investors in Boosted
Stanford-StartX Fund
Stanford-StartX Fund, associated with Stanford University, is a venture fund that supports early-stage companies, leveraging the university's strong entrepreneurial ecosystem and research capabilities.
Inovia
Inovia Capital is a venture capital firm focused on building global technology companies, known for its people-first investment approach and support for founders.
Khosla Ventures
Khosla Ventures is a venture capital firm that provides funding and strategic advice to entrepreneurs developing breakthrough technologies across various sectors including AI, fintech, and sustainable energy.
What's next for Boosted?
The recent major strategic investment signals a pivotal moment for Boosted, likely enabling the company to accelerate product development, expand its market reach, and enhance its operational capabilities. This infusion of capital, part of its $60M in total financing, suggests a focus on scaling operations and solidifying its competitive edge in the rapidly evolving electric mobility landscape. Future initiatives may include further technological innovation and strategic partnerships to broaden its product portfolio and customer base.
See full Boosted company page
