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Based in New York, New York, Boost Payment Solutions provides technology-enabled platforms that optimize commercial card payments and acceptance for business-to-business transactions. The company utilizes its proprietary Boost Intercept platform to automate virtual card processing through straight-through processing, facilitating electronic payments across more than 180 countries. By eliminating manual steps for suppliers and delivering data insights for buyers, the enterprise platform processes billions of dollars in commercial card transactions with zero reported fraud losses. Boost Payment Solutions serves corporations, financial institutions, and municipalities, maintaining strategic partnerships with major industry entities including American Express. The organization secured Series A venture funding backed by lead investor Mosaik Partners, and its corporate board includes former senior executives from Mastercard and First Data. Boost Payment Solutions was officially founded in 2009 by chief executive officer Dean M. Leavitt.
Boost Payment Solutions has raised $34.0M across 2 funding rounds.
Boost Payment Solutions has raised $34.0M in total across 2 funding rounds.
Boost Payment Solutions has raised $34.0M across 2 funding rounds. Most recently, it raised $22.0M Series C in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 4, 2021 | $22M Series C | William Nettles | Ingwe Capital, Mosaik Partners, North Atlantic Capital | Announced |
| Apr 3, 2019 | $12M Series B | Howard Mergelkamp, David Coit | — | Announced |
Boost Payment Solutions has raised $34.0M in total across 2 funding rounds.
Boost Payment Solutions's investors include William Nettles, Ingwe Capital, Mosaik Partners, North Atlantic Capital, Howard Mergelkamp, David Coit.
