About Boom Entertainment
Boom Entertainment is a company based in New York (United States) founded in 2015. It operates as a Gaming-as-a-Service, and Managed Services. Boom Entertainment has raised $20.19 million across 2 funding rounds from investors including Rush Street Interactive, GNOG and Robert Kraft. Boom Entertainment has completed 1 acquisition, including NBC Sports. Boom Entertainment offers products and services including Casino Games and Sportsbook Technology. Boom Entertainment operates in a competitive market with competitors including PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others.
- Headquarter New York, United States
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.19 M (USD)
in 2 rounds
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Latest Funding Round
$5.19 M (USD), Series A
Jun 14, 2024
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Investors
Rush Street Interactive
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Boom Entertainment
Boom Entertainment offers a comprehensive portfolio of products and services, including Casino Games and Sportsbook Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Casino games are developed for online gaming platforms.
Sportsbook solutions are provided for betting market differentiation.
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Funding Insights of Boom Entertainment
Boom Entertainment has successfully raised a total of $20.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.19 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $5.2M
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First Round
First Round
(16 Sep 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Boom Entertainment | Valuation |
investors |
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| Sep, 2021 | Amount | Series A - Boom Entertainment | Valuation | Sands Capital Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boom Entertainment
Boom Entertainment has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Rush Street Interactive, GNOG and Robert Kraft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth stage tech & life sciences focused VC Firm investing in Asia and the US
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Founded Year | Domain | Location | |
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Tech-enabled solutions are provided for gambling operators.
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Founded Year | Domain | Location | |
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Provider of gambling services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boom Entertainment
Boom Entertainment has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NBC Sports. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of sports news, scores, and video content
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1926 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Boom Entertainment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boom Entertainment Comparisons
Competitors of Boom Entertainment
Boom Entertainment operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Casino games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Mobile casino games with social features are developed for platforms.
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| domain | founded_year | HQ Location |
Casino games are developed for mobile and social platforms.
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| domain | founded_year | HQ Location |
Mobile casino games are developed and distributed on app stores.
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| domain | founded_year | HQ Location |
Casual mobile games are developed and published by SciPlay.
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| domain | founded_year | HQ Location |
Web-based social and casino games are developed by Playsino.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boom Entertainment
Frequently Asked Questions about Boom Entertainment
When was Boom Entertainment founded?
Boom Entertainment was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Boom Entertainment located?
Boom Entertainment is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Boom Entertainment a funded company?
Boom Entertainment is a funded company, having raised a total of $20.19M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 16, 2021.
What does Boom Entertainment do?
Boom Entertainment is engaged in creating innovative gaming products for casino and sportsbook sectors. Solutions are developed for major brands in sports and casino gaming, emphasizing simplicity and creativity. Products are designed to scale for millions of users, with services including 247 monitoring, maintenance, and customer support. The company is also involved in licensing and certification across major U.S. iGaming states. Analytics and monetization strategies are utilized to enhance user retention and revenue generation.
Who are the top competitors of Boom Entertainment?
Boom Entertainment's top competitors include PlayStudios, Huuuge Games and SciPlay.
What products or services does Boom Entertainment offer?
Boom Entertainment offers Casino Games and Sportsbook Technology.
How many acquisitions has Boom Entertainment made?
Boom Entertainment has made 1 acquisition, including NBC Sports.
Who are Boom Entertainment's investors?
Boom Entertainment has 7 investors. Key investors include Rush Street Interactive, GNOG, Robert Kraft, Jim Murren, and Chris Grove.