About Boomitra
Boomitra is a company based in San Mateo (United States) founded in 2017 by Aadith Moorthy.. Boomitra has raised $4 million across 2 funding rounds from investors including Yara International, THRIVE Agrifood and Chevron Technology Ventures. The company has 29 employees as of March 28, 2024. Boomitra operates in a competitive market with competitors including Regrow, Varaha, Good Carbon, Invert and Klimate, among others.
- Headquarter San Mateo, United States
- Employees 29 as on 28 Mar, 2024
- Founders Aadith Moorthy
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Sectors
AgricultureEnvironment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Boomitra O2c Tech India Private Limited
- Date of Incorporation 17 Jul, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$586.17 K (USD)148.29as on Mar 31, 2023
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Net Profit
$65.84 K (USD)142as on Mar 31, 2023
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EBITDA
$219.3 K (USD)114.47as on Mar 31, 2023
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Yara International
& 5 more
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Employee Count
29
as on Mar 28, 2024
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Funding Insights of Boomitra
Boomitra has successfully raised a total of $4M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(22 Jun 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Boomitra | Valuation | THRIVE |
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| Jun, 2021 | Amount | Series A - Boomitra | Valuation | Yara International |
| 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 Boomitra
Boomitra has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Yara International, THRIVE Agrifood and Chevron Technology Ventures. 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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Food and agtech startups are accelerated by THRIVE programs.
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Founded Year | Domain | Location | |
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Seed & early stage multiple stage focused corp VC firm funding companies in the US and Canada
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Founded Year | Domain | Location | |
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Nitrogen-based mineral fertilizers and industrial products are manufactured and supplied.
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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 Boomitra
| 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 |
Financial Statements - Boomitra
| 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 |
Boomitra Comparisons
Competitors of Boomitra
Boomitra 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 Regrow, Varaha, Good Carbon, Invert and Klimate, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based solutions for crop management and analytics are offered.
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| domain | founded_year | HQ Location |
SaaS solutions for carbon removal and sustainable agriculture are provided.
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| domain | founded_year | HQ Location |
Digital platform for investing in nature-based carbon projects is offered.
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| domain | founded_year | HQ Location |
Invert is engaged in carbon reduction and removal solutions.
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| domain | founded_year | HQ Location |
Carbon footprints are calculated and offset through capture technologies.
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| domain | founded_year | HQ Location |
Carbon footprint solutions are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Boomitra
Frequently Asked Questions about Boomitra
When was Boomitra founded?
Boomitra was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Boomitra located?
Boomitra is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of Boomitra?
Aadith Moorthy is the current CEO of Boomitra. They have also founded this company.
Is Boomitra a funded company?
Boomitra is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jun 22, 2021.
How many employees does Boomitra have?
As of Mar 28, 2024, the latest employee count at Boomitra is 29.
What is the annual revenue of Boomitra?
Annual revenue of Boomitra is $586.17K as on Mar 31, 2023.
What does Boomitra do?
Founded in 2017 and based in San Mateo, United States, the company operates in the agritech and environmental sustainability sector. Services focus on estimating carbon capture through satellite imagery and AI analysis. Farmers are supported with recommendations for practices such as cover crops, rotations, and manure additions to enhance soil carbon levels. Soil moisture, nutrients, and carbon are monitored regularly via remote sensing technology.
Who are the top competitors of Boomitra?
Who are Boomitra's investors?
Boomitra has 6 investors. Key investors include Yara International, THRIVE Agrifood, Chevron Technology Ventures, Jerry Yang, and Tom Steyer.
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