Boom
We are on a mission to make retirement a reality for 10,000 small business owners
Milestones
- Founded in 2023
- Invested in 2023
Team
- Steve Glod (Co-Founder)
- Christopher Weaver (Co-Founder)
Categories
Overview
Boom is reinventing the way to buy, sell, and invest in small businesses by creating an end-to-end platform powered by proprietary AI technology and high-touch customer service. Our mission is to help every American achieve financial freedom and to make business ownership simple and accessible for everyone.
We work with Baby Boomer Small Business Owners:
- 55+ years old
- Desire to pass business legacy on to future generations
- More than $1 million of annual revenue
- Established more than 10 years ago
- Located in the United States
Career opportunities
Looking for a role at Boom?
We are always considering exceptionally talented people for Motivate and our family of companies. Head to our Motivate Job Board to search open positions!
Let’s build something together
Funding Inquiry
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- Company Name *
- Sector/Industry *
- Location *
- Company Website *
- Contact Name and Title *
- Email *
- Crunchbase profile URL *
- AngelList profile URL *
- How did you hear about Motivate? *
- Please email your investor presentation (deck, exec summary, funding docs, etc.) to PITCH @ MOTIVATE.VC or submit links to Dropbox, Google Drive, Box, etc below *
Briefly describe the Company and the problem you are solving *
What is the general founding story? *
Founders' entrepreneurial history? *
B2B, B2C, Other? *
How do you generate revenue? Is it Transactional, Recurring, or Repeatable? *
Current Revenue? *
Current Monthly Burn (net of Revenue)? *
How much capital are you currently raising? *
Type (Equity, Note, SAFE) with terms (valuation, cap, liq pref, discount, interest) *
Round (Pre-Seed, Seed, Series A) *
If you have a lead investor for this round, please provide the name and contact information *
List your three biggest investors in this round and amounts *
List your three biggest investors in previous rounds and amounts *
Detail your Use of Funds from this raise *
How many months of runway will this round give you? *
When do you plan to raise the next round? *
If you have a product, summarize its state of development (alpha, beta, in market) *
Initial traction (in revenues, users, etc) *
Monthly growth rate of clients or users *
Who are your primary competitors? *
What are the biggest challenges to the business? *
Size and composition of your Total Addressable Market (TAM) *
What is the size of Serviceable Addressable Market (SAM)? Please describe the inputs to this formula *
What is the size of Serviceable Obtainable Market (SOM)? Please describe the inputs to this formula *
Why is NOW the perfect time to launch this business? *
What is 4 + 5? *
Thanks