Investment + a partner to help grow your startup.
Announcing New Pattern Chicago
For Spring 2021, in collaboration with our coalition partners GET Cities and P33 Chicago, we will be launching a series of pitch competitions to award $10K grants to Black and Latinx founders in the South and West Side of Chicago.
The cash award will be coupled with operational support and mentorship as provided by several community partners across Chicago.
New Pattern Chicago is supported by Melinda Gates’ GET Cities initiative through the Chicago-focused Tech Equity Working Group and facilitated by Second Muse. Read our announcement >
How We Invest
We believe the hardest thing about building a startup isn’t raising money, it’s figuring out how to grow your business and make money.
At Beta Boom we do more than invest in very early startups. We work extremely hands-on with our founders, as an extension of their team, to figure out how to take their startup to the next level.
No cookie-cutter programs, no useless courses, no mentors that tell you that you should do this, that, and the other.
We invest in your startup and become your partners, coaches, and advocates.
What We Invest in
We love founders that have lived the problem they are solving, and we will judge you by your passion, tenacity, focus, and business rather than your pedigree or background.
Most importantly, we believe in the magnificent power of melting pots spanning experiences and cultures.
We invest in high-growth software companies and are particularly good at developing companies:
Digital Health
Fintech
Consumer
SaaS
The Beta Boom Way
Despite what some startup “gurus” will have you believe, there is no single playbook for success. If there was one, every startup would become a unicorn–a billion-dollar company.
We believe that every startup and founding team is unique and have to create their own playbook through experimentation and adopting practices and systems that will lead to long term success. That’s where we come in.
Beta Boom invests in cohorts two times per year.
Selected software startups receive $150K to $200K in equity investment and take part in our 6-month startup academy program, where founders work with our team of product, marketing, sales, and fundraising coaches every day to jumpstart growth and set up long-term success.
We believe in overlooked founders
and the power of the melting pot.
Beta Boom invest inclusively in founders that have been overlooked due to geography, gender, race, and background.
80% of our startups are led by women or people of color.
100% hail from places outside of Silicon Valley.