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§ Private Profile · Mountain View
Manufactured high-performance electric skateboards and scooters, providing personal electric vehicles for urban mobility and transportation.
Boosted has raised $60.0M across 1 funding round.
Key people at Boosted.
Boosted was founded in 2012 by John Ulmen (Founder/CTO) and Matt Tran (Founder) and Sanjay Dastoor (Founder/CEO).
Boosted has raised $60.0M in total across 1 funding round.
Boosted was a Mountain View, California-based hardware manufacturer that designed and produced premium electric skateboards and scooters for the personal urban mobility market. Operating a direct-to-consumer business model, the company sold over 100,000 boards cumulatively and expanded its retail distribution network to include vendors across 34 countries. Backed by early incubation support from StartX and an initial launch on Kickstarter, the enterprise ultimately raised approximately $60 million in total venture capital funding. Despite reaching a historical peak headcount of 51 employees, the business faced severe financial strain and debt covenant issues that forced a complete collapse and bankruptcy in early 2020. Following the permanent shutdown of its primary manufacturing operations, the remaining intellectual property and physical inventory assets were subsequently acquired by Boosted USA. The organization was originally founded in 2012 by Sanjay Dastoor, John Ulmen, and Matthew Tran.
Boosted (formerly Boosted Boards) is a company that designs and manufactures simple, fun, and fast electric vehicles, primarily electric skateboards, scooters, and bikes tailored for urban commuting and recreational riding. Their products are lightweight, powerful, and emphasize an enjoyable riding experience, targeting the "last mile" of daily commutes and making urban travel more accessible and engaging[2][5]. The company serves urban commuters and adventure seekers who want efficient, portable, and stylish personal electric transportation solutions[3]. Boosted’s mission centers on shrinking cities by making them feel smaller and commutes more enjoyable through high-quality electric vehicles[3].
Founded in 2012 in Mountain View, California, Boosted was started by Sanjay Dastoor, John Ulmen, and Matthew Tran, who shared a passion for longboarding, electric vehicles, and design[2][5]. The idea emerged from their desire to create a premium electric skateboard that combined performance with fun and portability. Early traction came from a highly successful Kickstarter campaign that raised over $467,000, far surpassing their $100,000 goal, which helped launch their first product, the Boosted Board[5]. Over time, the company expanded its product line and global reach, receiving over $60 million in investment by 2018 to fuel growth and innovation[5].
Boosted rides the wave of micro-mobility and urban electric transportation trends, which are gaining momentum due to increasing urbanization, environmental concerns, and demand for efficient last-mile solutions[1][3]. The timing is favorable as cities seek alternatives to cars to reduce congestion and pollution. Boosted’s focus on fun and design differentiates it in a crowded market of electric scooters and bikes, helping to popularize personal electric vehicles as a mainstream commuting option. Their innovations and patents contribute to advancing the technology and safety standards in the micro-mobility ecosystem[1].
Although Boosted faced challenges including bankruptcy and asset sales, its legacy in electric personal vehicles remains influential. The company’s early innovations set a benchmark for quality and performance in the sector. Looking forward, trends such as urbanization, sustainability, and smart city initiatives will continue to drive demand for electric micro-mobility solutions. Companies inspired by Boosted’s model may evolve with improved battery tech, integration with public transit, and expanded vehicle categories. Boosted’s story underscores the importance of combining technology, design, and community to transform urban transportation[1][5].
In summary, Boosted’s journey from a Kickstarter-backed startup to a recognized pioneer in electric skateboards and scooters highlights the potential and challenges of micro-mobility innovation, making cities more accessible and commutes more enjoyable through simple, fun, and fast electric vehicles.
Boosted has raised $60.0M across 1 funding round. Most recently, it raised $60.0M Boosted USA - Series B in December 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 20, 2018 | $60M Series B | Patrick Pichette, Samir Kaul | BAY Meadows, Stanford | Announced |
Boosted was founded in 2012 by John Ulmen (Founder/CTO) and Matt Tran (Founder) and Sanjay Dastoor (Founder/CEO).
Boosted has raised $60.0M in total across 1 funding round.
Boosted's investors include Patrick Pichette, Samir Kaul, Bay Meadows, Stanford.
Key people at Boosted.