About BoomWriter
BoomWriter is a company based in Cambridge (United States) founded in 2010.. BoomWriter has raised $6.3 million across 4 funding rounds from investors including Avila Venture Capital and Mamie Capital. BoomWriter has completed 1 acquisition, including Squirrellearning. BoomWriter offers products and services including BoomWriter App and Story Starts Feature. BoomWriter operates in a competitive market with competitors including ClassDojo, Brainly, ELSA Speak, Unstop and Linqapp, among others.
- Headquarter Cambridge, United States
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Sectors
Media & EntertainmentEducation
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Phone
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Website
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Social
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- Legal Name Boomwriter Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.3 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Jan 09, 2018
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Investors
Avila Venture Capital
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of BoomWriter
BoomWriter offers a comprehensive portfolio of products and services, including BoomWriter App and Story Starts Feature. 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.
App for collaborative writing and student book publishing.
Collection of story prompts from authors for writing inspiration.
Funding Insights of BoomWriter
BoomWriter has successfully raised a total of $6.3M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in January 2018. 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 4
- Last Round Series A — $1.5M
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First Round
First Round
(02 May 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series A - BoomWriter | Valuation | Avila Venture Capital |
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| Sep, 2017 | Amount | Series A - BoomWriter | Valuation |
investors |
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| Jun, 2016 | Amount | Seed - BoomWriter | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BoomWriter
BoomWriter has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Avila Venture Capital and Mamie Capital. 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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Stage agnostic centric tech-focused VC firm investing in geographies such as the US
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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 BoomWriter
BoomWriter has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Squirrellearning. 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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Digital literacy tools for reading and writing skills are provided.
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| 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 - BoomWriter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Boomwriter Comparisons
Competitors of BoomWriter
BoomWriter 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 ClassDojo, Brainly, ELSA Speak, Unstop and Linqapp, 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 |
Real-time classroom behavior feedback is delivered to students by teachers.
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| domain | founded_year | HQ Location |
Learning resources for school students are provided via question-answering platform.
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| domain | founded_year | HQ Location |
Developer of an application providing English language pronunciation and fluency training
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Platform offering offers digital business cards solution
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| domain | founded_year | HQ Location |
IT courses and data science competitions are hosted online.
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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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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 Boomwriter
Frequently Asked Questions about BoomWriter
When was BoomWriter founded?
BoomWriter was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is BoomWriter located?
BoomWriter is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is BoomWriter a funded company?
BoomWriter is a funded company, having raised a total of $6.3M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 02, 2012.
What does BoomWriter do?
BoomWriter was founded in 2010 in Cambridge, United States. An online platform is maintained in the education technology sector, where collaborative writing activities are supported for children. Books are created, read, and published by users to enhance vocabulary and introduce trending words. Writing skills of students are evaluated through tools provided to teachers.
Who are the top competitors of BoomWriter?
BoomWriter's top competitors include ClassDojo, Unstop and ELSA Speak.
What products or services does BoomWriter offer?
BoomWriter offers BoomWriter App and Story Starts Feature.
How many acquisitions has BoomWriter made?
BoomWriter has made 1 acquisition, including Squirrellearning.
Who are BoomWriter's investors?
BoomWriter has 2 investors. Key investors include Avila Venture Capital, and Mamie Capital.
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