# Boost Payment Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boost-payment-solutions

- Industry: Software
- Headquarters: New York, US
- Website: www.boostb2b.com
- Total disclosed funding: $22M
- Latest round: Series C (May 4, 2021)
- Investors on record: 4

## About

Boost Payment Solutions, Inc. specializes in B2B payment technology, enabling businesses to streamline payment processes and enhance transaction security through innovative solutions.Founded in 2009, Boost Payment Solutions, Inc. is headquartered in New York, US. The company focuses on providing B2B payment solutions. Dean Leavitt serves as both founder and CEO. In May 2021, Boost raised USD 22 mn in Series C funding led by Invictus Growth Partners, with participation from Ingwe Capital, Mosaik Partners, and North Atlantic Capital, bringing the total amount raised to USD 22 mn. The company has completed 4 different deals, with the latest being in May 2021.Boost Payment Solutions, Inc. offers a suite of B2B payment solutions including Boost 100®, which allows businesses to pay 100% of suppliers by card. Their patent-protected Boost Intercept® technology streamlines payment processes for suppliers, while Dynamic Boost? customizes payment strategies through a rules-based engine. These services cater to a diverse clientele across various industries and are available in the continental US and over 180 countries.The company generates revenue primarily through transaction-based fees from its payment services. Clients, including businesses and financial institutions, pay fees based on transaction volume and value. Revenue is further supported by subscription models for accessing specific solutions and additional transaction fees related to Boost 100® and Dynamic Boost?.In May 2021, Boost Payment Solutions, Inc. secured USD 22 mn in Series C funding to accelerate global growth across several verticals including healthcare, telecommunications, manufacturing, freight & logistics, and real estate. The company plans to introduce new products and expand into additional markets, enhancing their technological offerings and geographic reach.

## Funding rounds

- Series C, May 4, 2021, $22M — North Atlantic Capital, Mosaik Partners, Ingwe Capital, Invictus Growth Partners
- Series B, Apr 2, 2019 — North Atlantic Capital, Mosaik Partners

## Investors

- North Atlantic Capital (https://capitalatlas.ai/funds/north-atlantic-capital) — Series B, Series C
- Mosaik Partners (https://capitalatlas.ai/funds/mosaik-partners) — Series B, Series C
- Ingwe Capital — Series C
- Invictus Growth Partners (https://capitalatlas.ai/funds/invictus-growth-partners) — Series C