About BoomTown
BoomTown is a company based in Charleston (United States) founded in 2006 by Cooper Bane was acquired by Inside Real Estate in January 2023.. BoomTown has raised $20.1 million across 1 funding round from investors including Inside Real Estate, Adams Street Partners and Susquehanna Growth Equity. The company has 435 employees as of December 31, 2022. BoomTown has completed 2 acquisitions, including Brokermint and RealContact. BoomTown offers products and services including Intelligent CRM, IDX Websites, and Lead Generation Tools. BoomTown operates in a competitive market with competitors including Unanet, VTS, EliseAI, Homebot and Inside Real Estate, among others.
- Headquarter Charleston, United States
- Employees 435 as on 31 Dec, 2022
- Founders Cooper Bane
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Sectors
Real Estate & ConstructionTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boomtown, Llc
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Annual Revenue
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Net Profit
-
EBITDA
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Total Equity Funding
$20.1 M (USD)
in 1 rounds
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Latest Funding Round
$20.1 M (USD), Series A
Aug 28, 2014
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Investors
Inside Real Estate
& 2 more
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Employee Count
435
as on Dec 31, 2022
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Investments & Acquisitions
Brokermint
& 1 more
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Acquired by
Inside Real Estate
(Jan 20, 2023)
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Products & Services of BoomTown
BoomTown offers a comprehensive portfolio of products and services, including Intelligent CRM, IDX Websites, and Lead Generation Tools. 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.
Manages real estate leads and customer relationships effectively.
Provides real estate listing and search functionalities online.
Generates and tracks potential real estate clients automatically.
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Funding Insights of BoomTown
BoomTown has successfully raised a total of $20.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $20.1 million completed in August 2014. 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 1
- Last Round Series A — $20.1M
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First Round
First Round
(28 Aug 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series A - BoomTown | Valuation | Adams Street Partners , Susquehanna Growth Equity |
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| 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 BoomTown
BoomTown has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Inside Real Estate, Adams Street Partners and Susquehanna Growth Equity. 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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Private markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Lead generation and CRM solutions for real estate are provided.
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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 BoomTown
BoomTown has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brokermint and RealContact. 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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SaaS-driven lead generation & conversion solution for real estate agents
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2017 | ||||
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Real estate back office brokerage management software is provided.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BoomTown
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Boomtown Comparisons
Competitors of BoomTown
BoomTown 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 Unanet, VTS, EliseAI, Homebot and Inside Real Estate, 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 ERP software is offered for professional services organizations.
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| domain | founded_year | HQ Location |
VTS is recognized for providing commercial real estate technology solutions.
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| domain | founded_year | HQ Location |
Conversational AI platforms are provided for housing and healthcare automation.
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| domain | founded_year | HQ Location |
Lead generation is enabled via chatbots for real estate agents.
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| domain | founded_year | HQ Location |
Lead generation and CRM solutions for real estate are provided.
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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 Boomtown
Frequently Asked Questions about BoomTown
When was BoomTown founded?
BoomTown was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is BoomTown located?
BoomTown is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
Is BoomTown a funded company?
BoomTown is a funded company, having raised a total of $20.1M across 1 funding round to date. The company's 1st funding round was a Series A of $20.1M, raised on Aug 28, 2014.
How many employees does BoomTown have?
As of Dec 31, 2022, the latest employee count at BoomTown is 435.
What does BoomTown do?
BoomTown is a web-based software company specializing in web marketing systems for real estate professionals. The platform includes a customized real estate website integrated with local MLS data, personalized online advertising campaigns, a dedicated Client Success Manager, and a leads management system with marketing automation, which give real estate agents the tools needed to turn clicks into closings. BoomTown was recognized on the 2012 Inc. 500 Fastest Growing Companies List, ranking 96th nationwide. It registered a revenue increase from 145K in 2011 to 4.6M in 2012.
Who are the top competitors of BoomTown?
What products or services does BoomTown offer?
BoomTown offers Intelligent CRM, IDX Websites, and Lead Generation Tools.
How many acquisitions has BoomTown made?
BoomTown has made 2 acquisitions, including Brokermint, and RealContact.
Who are BoomTown's investors?
BoomTown has 3 investors. Key investors include Inside Real Estate, Adams Street Partners, and Susquehanna Growth Equity.