Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Education • Businesses Solutions • FinTech (& Financials services) • A.I. (& Big Data) • HealthTech (& Fitness) • Web Security (& Privacy) • Future Of Work • Impact • Insurance (& InsurTech) • DeepTech • Healthcare (& Wellness) • Consumer • Woman Focused |
Stages | Pre-Seed, Seed |
Investing | United States |
Investment Range | $150,000 - $350,000 |
Investment Sweet Spot | $250,000 |
Beta Boom is a venture capital firm headquartered in Los Angeles, United States, that specializes in pre-seed and seed investments. They are dedicated to supporting software startups that offer innovative solutions across various industries including Software (Web Marketplace, SaaS), Education, Business Solutions, FinTech, A.I. and Big Data, HealthTech and Fitness, Web Security and Privacy, Future Of Work, Impact, Insurance and InsurTech, DeepTech, Healthcare and Wellness, and Consumer. With a focus on investing in companies that serve the needs of women and ethnic minority consumers, Beta Boom prides itself on backing founders who are often overlooked by the traditional Silicon Valley investment model. They are particularly interested in founders with exceptional customer insight, perseverance, and hustle, showing a preference for entrepreneurs from diverse backgrounds that break the conventional patterns.Beta Boom's investment range falls between $150,000 to $350,000, with a sweet spot of approximately $250,000 for initial funding. Rather than solely focusing on founders' educational backgrounds or past corporate affiliations, Beta Boom values character over pedigree, acknowledging individuals who have overcome adversity and are passionate about their vision. The firm strategically avoids the Silicon Valley area, opting instead to discover and nurture talent globally, in rising tech hubs around the world.Beta Boom's approach to partnering with startups is hands-on, tailored, and execution-focused. They offer an ecosystem of vetted experts to their investee companies and are dedicated to playing an active role in the growth of the startups they invest in. Beta Boom's commitment is evidenced by their stance of going 'all in' with the founders they select, providing not just funding but practical business development support. The firm aims to build a supportive environment, avoiding a one-size-fits-all program and rejecting the notion of pattern matching in identifying promising entrepreneurs.The content found on Beta Boom's website indicates a strong commitment to inclusivity and diversity in the startup ecosystem, with statistics illustrating that a large majority of their investments are in startups led by women or people of color who did not attend top-tier universities. Founders looking for investment are encouraged to apply as Beta Boom maintains a 100% virtual presence, headquartered in Utah, while also boasting a human, personal touch with their small, yet passionate team.
We invest in pre-seed software startups serving the needs of women and ethnic minority consumers and led by overlooked founders with exceptional grit and hustle.