How Beta Boom is different
Because we believe that the greatest opportunities lie in emerging tech hubs, we only invest in early-stage tech companies outside of Silicon Valley, New York and Boston. We make investments of $50K to $100K at the pre-seed stage, and help our startups get follow-on funding.
Beyond money, we also invest a ton of our time working alongside our portfolio companies. Our managing partners often spend one day per week with each company working on things like product-market fit, growth and strategy.
How we support founders
Beta Boom marries the intensive support of an accelerator with the flexibility of a pre-seed fund, supporting you where you are building your business.Â
Once we decide to invest in your startup, we spend a week with your founding team so that we may better understand your strategy, strengths, and challenges. We then create a growth plan and identify how we can best support you with mentorship and expert resources.
Over the span of the next 3-6 months, we work very intensively alongside your founding team focusing on strategy, product-market-fit, and marketing. When needed, we bring in experts in areas such as startup law, HR, and sales.
As your product gets better and your customer base grows, we then prepare you for getting follow-on investment from seed-stage venture capital firms and select angel investors. Finally, we connect each of our startups with those investors that are likely to be the right fit.
Ongoing support to help you succeed
When you become a part of the Beta Boom family, you join a very tight-knit network that will have your back long into the future. Every quarter, all of our portfolio teams are invited to a summit, where you can share best practices as well as make connections and new friends.
Who we’re looking for
Our startups are chosen from an open application process. Our focus is on for-profit startups that are building a high-growth, tech-enabled business. Many already have a prototype or product in the market, but it is not a requirement. Above all, we seek to support deeply committed founders that are solving a massive problem.
There are three critical characteristics that we seek out in our teams:
Creativity
We look for teams of entrepreneurs with exceptional imagination that have a product, prototype, or vision of their product that addresses a real, pressing challenge.
Grit
The startup journey is not for the faint of heart. You need incredible grit and cleverness to both weather challenges and find imaginative solutions to overcome them.
Expertise
We want to see that you have extreme market knowledge, direct experience and a reasonable plan for developing a product and building your business.Â