Profile
Beta Boom is a venture capital firm based in Salt Lake City, Utah, founded in 2017 by Kimmy and Sergio Paluch. The firm focuses on investing in founders who defy the traditional Silicon Valley mold, emphasizing grit over pedigree. With a small team, Beta Boom is dedicated to supporting startups through a unique approach that includes a six-month startup academy and personalized coaching.
The firm invests primarily at the pre-seed and seed stages, with typical check sizes ranging from $150K to $350K. Beta Boom targets sectors such as digital health, fintech, and SaaS, and focuses on companies solving meaningful problems. They invest across the United States, particularly in regions outside of Silicon Valley, and manage funds like Beta Boom Fund II with an AUM of $14 million.
Notable investments by Beta Boom include NOCTEM Health - enterprise systems in healthcare, Appnigma AI - software development applications, and GuidePad - business productivity software. These investments reflect the firm's commitment to backing innovative solutions and diverse founders.
Industry
Beta Boom Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Beta Boom Fund II
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Digital
Edtech
Financial Services
Fintech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$14 M
|
February 2024
|
Contacts
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