How Much Did Boosted.ai Raise?
Funding & Key Investors

Boosted.ai has successfully secured a major strategic investment, marking a significant milestone in its trajectory within the financial technology sector. This latest capital injection, totaling $15M, brings the company's cumulative financing to $60M. By leveraging this influx of resources, the firm continues to solidify its market position as a leader in artificial intelligence-driven investment tools, demonstrating sustained investor confidence in its long-term growth strategy and technological roadmap.

The recent funding round underscores the company's ability to attract high-caliber institutional backing, even as it navigates the complexities of the enterprise-level financial software market. This capital will be instrumental in scaling operations and enhancing the core capabilities of its proprietary platform.

What is Boosted.ai?

Boosted.ai
SoftwareFinancial SoftwareBusiness Intelligence (BI) Software

Boosted.ai operates at the intersection of machine learning and quantitative finance, providing sophisticated tools designed to empower investment managers. Its flagship product, Boosted Insights, serves as a critical bridge for both fundamental and quantitative investors, enabling them to optimize portfolio metrics and streamline decision-making processes. By automating complex data analysis, the company addresses the growing demand for efficiency and precision in modern asset management. The platform's ability to synthesize vast datasets into actionable intelligence positions Boosted.ai as a vital partner for firms seeking to maintain a competitive edge in volatile markets.

How much funding has Boosted.ai raised?

Boosted.ai has raised a total of $60M across 3 funding rounds:

2022

Series B

$35M

2024

Debt

$10M

Other Financing Round

$15M

Series B (2022): $35M with participation from Spark Capital and Ten Coves Capital

Debt (2024): $10M led by CIBC INNOVATION BANKING

Other Financing Round (2024): $15M supported by Portage Ventures, Spark Capital, Ten Coves Capital, Fidelity Investments Canada, RBC, and HarbourVest

Key Investors in Boosted.ai

Spark Capital

A prominent venture capital firm that partners with visionary founders across various stages, known for backing transformative companies in the technology and financial services sectors.

Ten Coves Capital

An investment firm dedicated to supporting companies that are re-imagining and re-wiring the financial ecosystem through innovative technology solutions.

Portage Ventures

An early-stage investment group focused on backing the next generation of global financial services companies that aim to improve consumer outcomes.

What's next for Boosted.ai?

Looking ahead, the strategic deployment of this capital is expected to focus on product innovation and market expansion. As the financial services industry continues to undergo digital transformation, Boosted.ai is well-positioned to capitalize on the shift toward AI-augmented investment strategies. The company's roadmap likely includes deepening its analytical features and expanding its footprint among institutional clients who require robust, data-driven solutions to manage risk and improve performance. With the support of its seasoned investor base, Boosted.ai is poised to further refine its value proposition, ensuring that its quantitative tools remain at the forefront of the evolving fintech landscape.

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Frequently Asked Questions Regarding Boosted.ai Financial Insights

What are the most recent funding rounds that Boosted.ai has completed, and what were the funding rounds?
Boosted.ai has recently completed 3 funding rounds: Other Financing Round on Nov 25, 2024, Debt on Aug 21, 2024, Series B on Jan 12, 2022.
What is the total amount of funding Boosted.ai has raised to date?
Boosted.ai has raised a total of $60M in funding to date.
How many funding rounds has Boosted.ai completed?
Boosted.ai has completed 3 funding rounds.
How much funding did Boosted.ai raise in its most recent funding round?
Boosted.ai raised $15M in its most recent funding round.
Who are the lead investors in Boosted.ai's latest funding round?
The lead investor in Boosted.ai's latest funding round was Portage Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Boosted.ai's history?
The largest funding round in Boosted.ai's history was $35M.
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