About Boomi
Boomi is a company based in Berwyn (United States) founded in 2000 was acquired by Francisco Partners in May 2021. Boomi has raised $5.15 million across 3 funding rounds from investors including Dell, TPG and Francisco Partners. The company has 320 employees as of April 01, 2024. Boomi has completed 4 acquisitions, including ManyWho, Rivery and Thru. Boomi operates in a competitive market with competitors including Informatica, Jitterbit, MuleSoft, Kong and Cleo, among others.
- Headquarter Berwyn, United States
- Employees 320 as on 01 Apr, 2024
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Boomi Software India Private Limited
- Date of Incorporation 16 May, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.03 M (USD)293.61as on Mar 31, 2023
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Net Profit
$981.98 K (USD)326.08as on Mar 31, 2023
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EBITDA
$1.65 M (USD)351.46as on Mar 31, 2023
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Total Equity Funding
$5.15 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Jul 01, 2008
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Investors
Dell
& 4 more
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Employee Count
320
as on Apr 01, 2024
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Investments & Acquisitions
ManyWho
& 3 more
- Acquired by
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People of Boomi
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Software Development Team
164 people
Sales and Marketing
149 people
Leadership Team
73 people
Senior Team
36 people
Product Management Team
35 people
Finance and Accounting
18 people
Creative and Marketing Team
16 people
Customer Team
14 people
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Funding Insights of Boomi
Boomi has successfully raised a total of $5.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in July 2008. 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.
Investors in Boomi
Boomi has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Dell, TPG and Francisco Partners.
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Early-stage venture capital is invested in tech startups across sectors.
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Technology ecosystem growth is supported in Southeastern Pennsylvania.
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Private equity investment firm focused on technology sector
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Investor details for Boomi
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Investments & Acquisitions by Boomi
Boomi has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ManyWho, Rivery and Thru.
Investment portfolio details for Boomi
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based data pipelines are prepared from enterprise sources.
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Locked | Locked | 2017 | Locked | |
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Self-service data cataloging and integration platform is operated on Hadoop.
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Locked | Locked | 2014 | Locked | |
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Enterprise workflow and BPM applications are developed through drag-and-drop platform.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Boomi
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- Domains and locations
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Financial Statements - Boomi
Detailed financials for Boomi
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- Profit trends
- Statement rows
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Boomi Comparisons
Peer comparison for Boomi
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- Named peers
- Headcount comparison
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Competitors of Boomi
Boomi 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 Informatica, Jitterbit, MuleSoft, Kong and Cleo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based enterprise data preparation and management platform
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API management software is provided for lifecycle development and monitoring.
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Cloud-based API management and integration solutions are offered.
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Kong Inc. is recognized for providing a unified API platform.
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Cleo is recognized for providing supply chain integration solutions.
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Detailed competitors of Boomi
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Latest news on Boomi
Complete news archive for Boomi
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- Brand-specific news history
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Frequently Asked Questions about Boomi
Boomi was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Boomi is headquartered in Berwyn, United States. It is registered at Berwyn, Illinois, United States.
Steve Lucas is the current CEO of Boomi.
Boomi is a funded company, having raised a total of $5.15M across 3 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Boomi is 320.
Annual revenue of Boomi is $10.03M as on Mar 31, 2023.
Boomi was founded in 2000 and is headquartered in Berwyn, United States. Cloud-based API management and iPaaS solutions are provided to connect cloud applications through an integration framework. Services encompass API administration, master data management, data preparation, data hubs, flow management, EDI handling, and application-data linkages for digital transformation. Offerings are directed toward sectors including finance, analytics, information technology, and marketing.
Boomi has 5 investors. Key investors include Dell, TPG, Francisco Partners, FirstMark, and Ben Franklin Technology Partners.