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Boom Pay
Boom Pay is the most flexible and rewarding way to pay rent
About Boom Pay
BoomPay is a financial technology company that helps people build their credit score by reporting their current and past rent payments to all three major credit bureaus. The company's technology verifies data and reports payments quickly and efficiently, with users typically being verified in less than 24 hours. For those who sign up for ongoing reporting, payments are automatically verified and reported on a monthly basis.
Read full description
BoomPay aims to make it easier for people to build their credit score and access better financial products. The company stands out from other businesses in the same industry by providing an easy-to-use app and fast reporting times. Customers have reported an average increase of over 28 points in their credit score in just two weeks. Furthermore, customers have seen increases of up to 127 points in just one month.
The company's mission is to help people build their credit score and access better financial products, so they can reach their financial goals. BoomPay is committed to providing a reliable and efficient service that helps people get the most out of their credit score.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- New York City, United States
- Employees
- 92
- Open positions
- 7
- Dealroom signal
- 94.1/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 1 company, latest Jul 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Boom Pay.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2026 | $15M | $60M | Mischief · Starting Line Capital · Gilgamesh Ventures · Company Ventures | ↗ |
| SEED✓Equity / VC | May 2023 | $4.5M | $18M | William Hockey · Clocktower Technology Ventures · Starting Line Capital · Zach Perret | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Boom Pay is 430K monthly website visits, up 43.3% over the last three months. Boom Pay's team grew 22.7% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Everywhere Ventures
Starting Line Capital
William Hockey
Clocktower Technology Ventures
Zach Perret
Gilgamesh Ventures
Company Ventures
Series A2 investors entered at this stage
S3 Ventures- MIMischief
Other known investors1 additional known investor
The Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Boom Pay on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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