About Boomio
Boomio is a Retail company based in Seattle (United States) founded in 2014. Music streaming application. Boomio has raised $2.99 million across 6 funding rounds from investors including Startup Wise Guys, Lighthouse Ventures and 70V. Boomio offers products and services including Gamification Platform, Jump Up Game, Drive Game, and Flap Through Game. Its focus areas include E-Commerce Enablers, Plugins, Shopify and Customer Experience Managenent. Its competitors include Inveterate, SuppleApps and Moonship; 1 of its 3 listed competitors has raised funding.
Company details
Boomio was founded in 2014 in Seattle, United States, operating in the music streaming sector. Songs are accessed via an application based on artists and genres. Personalized playlists are created by users, who can also stream content and share it across social media platforms. The service focuses on user-driven music discovery and distribution.
- Headquarters Seattle, United States
- SectorsRetail
- Website boomio.com
- Social LinkedIn
- Total Equity Funding$2.99M (USD)
in 6 rounds
- Latest Funding Round$548.36K (USD), Seed
Aug 2022
- InvestorsStartup Wise Guys
& 3 more
Products & Services of Boomio
Boomio offers a comprehensive portfolio of products and services, including Gamification Platform, Jump Up Game, Drive Game, and Flap Through Game.
No-code system for creating branded mobile games
Interactive game to increase brand foot traffic
Game for enhancing customer interaction via rewards
Mobile game to boost user participation and retention
Funding Insights of Boomio
Boomio has successfully raised a total of $2.99M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $548.36 thousand completed in August 2022. 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 $2.99M
- Total Rounds 6
- Last Round Seed — $548,362
- First Round $57,500
(Apr 2014)
- Investors Count 4
All 6 funding rounds of Boomio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $548,362 | Seed | – | Lighthouse Ventures | – |
| Jun 2021 | Seed | – | Startup Wise Guys | – | |
| Feb 2021 | $303,400 | Seed | – | – | |
| Sep 2015 | $2.14M | Seed | – | – | – |
| Mar 2015 | $75,000 | Debt – Convertible | – | – | – |
| Apr 2014 | $57,500 | Debt – Convertible | – | – | – |
4 investors in total: 4 institutional.
Investors in Boomio
Boomio has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Startup Wise Guys, Lighthouse Ventures and 70V.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in tech startups | 2019 | lhv.vc | Prague, Czech Republic | |
Venture capital and startup accelerator focused on B2B and SaaS companies | 2012 | startupwiseguys.com | Tallinn, Estonia | |
B2B startups are accelerated through focused programs by 70V. | 2018 | 70v.com | Vilnius, Lithuania | |
LitBAN is operated as a business angel investment network in Lithuania. | 2019 | litban.lt | Lithuania |
Investor details for Boomio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Boomio
4 people are tracked at Boomio (4 in leadership).
| Name | Role | Group |
|---|---|---|
Renin Ratnaswamy | Vice President Corporate Sales | Leadership |
Jonas Davalga | CEO & Co-founder At Boomio | Leadership |
Goda Stragauskaite-Valencia | Head Of Marketing | Leadership |
Matt P. | COO | Leadership |
Complete people profiles for Boomio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Boomio
3 dated milestones of Boomio across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Boomio is founded.
- Funding First funding round of $58K.
- Funding Latest funding round, Seed, of $548K.
Competitors of Boomio
Boomio has 3 listed competitors in our database, 1 of them funded. They include Inveterate, SuppleApps and Moonship.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inveterate.com | 2021 | Greenville, United States | $8.36M | Loyalty management software solutions are provided for Shopify businesses. | ||
| suppleapps.com | 2014 | Commerce, United States | Provider of Shopify app for reward and discount management | |||
| moonship.com | 2004 | Sunnyvale, United States | Software solutions for Shopify rewards and discounts are provided. |
Detailed competitors of Boomio
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- Full competitor set
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Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as Boomio (E-Commerce Enablers & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 |
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Related news about Boomio
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Frequently Asked Questions about Boomio
Boomio was founded in 2014.
Boomio is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Boomio is a funded company, having raised a total of $2.99M across 6 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $57.5K, raised on Apr 2014.
Boomio was founded in 2014 in Seattle, United States, operating in the music streaming sector. Songs are accessed via an application based on artists and genres. Personalized playlists are created by users, who can also stream content and share it across social media platforms. The service focuses on user-driven music discovery and distribution.
Boomio's top competitors include Inveterate, Moonship and SuppleApps.
Boomio offers Gamification Platform, Jump Up Game, Drive Game, and Flap Through Game.
Boomio has 4 investors. Key investors include Startup Wise Guys, Lighthouse Ventures, 70V, and LitBAN.