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Beta Boom operates as a venture capital fund, specializing in pre-seed and seed-stage investments for software startups. The firm primarily backs companies within the enterprise, work, and healthcare sectors, focusing on founders located outside the traditional Silicon Valley ecosystem. It provides financial capital coupled with hands-on support to accelerate its portfolio companies' development.
Co-founded by Kimmy and Sergio, Beta Boom is based in Salt Lake City, Utah. Their backgrounds as Bay Area veterans with immigrant experiences highlighted significant untapped potential among founders and markets historically overlooked by mainstream venture capital. This insight drives their commitment to nurturing diverse talent and innovative solutions beyond conventional tech hubs.
Beta Boom supports a diverse range of founders, including single, non-technical, and underrepresented entrepreneurs, who are building impactful solutions. The firm’s vision is to empower these "pattern breakers," demonstrating that world-changing companies can originate from any location, supported by authentic, founder-centric guidance that extends beyond mere financial backing.
Beta Fund has 4 tracked investments across 4 companies. The latest tracked deal is $17.0M Series B in Infobionics in April 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 9, 2014 | Infobionics | $17.0M Series B | Safeguard Scientifics | Boardwalk Investment, Boynton, Broadview Ventures, Cherrystone Angels, HTC, Keiretsu Forum, Launchpad Venture Group, Mass Medical Angels, TIE |
| Apr 1, 2014 | InfoBionic | $17.0M Series B | AL Wiegman | Broadview Ventures, Boardwalk Investment, Boynton, Broadview Ventures, Cherrystone Angels, HTC, Keiretsu Forum, Launchpad Venture Group, Mass Medical Angels, TIE |
| Jun 12, 2013 | Raven360 | $2.0M Series A | MassVentures | AIF, ECoast Angels, HUB Angels, Launchpad Venture Group, Sidecar Angels |
| Jun 7, 2013 | Avaxia Biologics | $11.4M Series B | Robert Manning, Nada Jain | AbbVie Ventures, Ariel Southeast Angel Partners, Beacon Angels, Boston Harbor Angels, Granite State Angels, Keiretsu Forum, Launchpad Venture Group, Maine Angels, Mass Medical Angels, North Country Angels, Tech Coast Angels |