# Boku

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boku

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.boku.com
- Total disclosed funding: $105M
- Latest round: Series D (Sep 1, 2016)
- Investors on record: 9

## About

Boku, Inc. specializes in simplifying global payment processes through local payment integration, enabling businesses to conduct transactions securely across diverse markets worldwide.Founded in 2008, Boku, Inc. is located in San Francisco, US, and operates a payment network tailored for electronic transactions. The company has not undergone significant business strategy pivots or changes since inception. Boku has successfully raised a total of USD 13.75 mn through its Series D funding round in September 2016, with participation from investors such as Benchmark, DAG Ventures, and Index Ventures, among others. The company has completed eight funding deals to date, and its current valuation stands at USD 329.589 mn.Boku provides a comprehensive payment network that enables global companies to seamlessly integrate local payment methods tailored to their specific markets. The company's core product offerings focus on electronic payment services, including mobile wallet transactions and real-time payment processing, which facilitate automatic, repeatable charges. Boku's platform enhances user experience by employing multi-factor authentication to mitigate chargebacks, ensuring secure transactions for both merchants and end users. Notable clients include Netflix and Spotify, utilizing Boku's solutions to optimize their payment processes across Europe, Asia, and North America, effectively addressing diverse consumer payment preferences.Boku generates revenue through a transaction-based model, charging merchants for payment processing via its platform. This structural design allows Boku to engage in both B2B and direct-to-consumer transactions, partnering with global enterprises to streamline their payment systems. Clients typically collaborate with Boku through partnerships involving monthly subscription fees alongside transaction fees for each payment processed. Boku's flagship service facilitates mobile billing, enabling users to make purchases directly charged to their mobile, broadband, or Pay TV bills, aligning effectively with large enterprises' needs in the evolving payment services market.Boku's recent Series D funding of USD 13.75 mn, raised in September 2016, will support its upcoming initiatives aimed at expanding its product offerings and market reach. The company is currently strategizing the launch of new payment solutions designed to improve user engagement and streamline transactions. Additionally, Boku plans to penetrate new geographical markets, specifically targeting regions in Asia and Latin America by 2023, capitalizing on the growing demand for local payment integration.

## Funding rounds

- Series D, Sep 1, 2016, $14M — Benchmark, Index Ventures, New Enterprise Associates, DAG Ventures, Khosla Ventures, GMO Payment Gateway, Inc.
- Series D, Oct 1, 2014, $14M — Benchmark, Index Ventures, New Enterprise Associates, Khosla Ventures, Andreessen Horowitz
- Series D, Aug 30, 2011, $35M — Benchmark, Index Ventures, New Enterprise Associates, DAG Ventures, Khosla Ventures, Telefonica, Andreessen Horowitz
- Series C, Jun 11, 2010, $4.5M — Benchmark, Index Ventures, Khosla Ventures, Andreessen Horowitz
- Series C, Dec 22, 2009, $25M — Benchmark, Index Ventures, DAG Ventures, Khosla Ventures
- Series B, Jun 10, 2009, $10M — Benchmark, Index Ventures, Khosla Ventures
- Series A, Mar 16, 2009, $3M — Benchmark, Index Ventures, Khosla Ventures
- Seed, Oct 1, 2008 — SV Angel

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C, Series D
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C, Series D
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C, Series D
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series C, Series D
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C, Series D
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series D
- Telefonica (https://capitalatlas.ai/funds/telefonica) — Series D
- GMO Payment Gateway, Inc. — Series D