At a Glance
Founded in 2018 and based in New York, Boom Capital is an early-stage venture capital firm with a distinctive focus on investing in technology companies that build solutions for underserved markets and communities. The firm was established with a mission-driven approach that combines financial returns with social impact, recognizing the significant market opportunities that exist in addressing the needs of overlooked populations.
Boom Capital's investment strategy spans multiple sectors including aerospace and defense, consumer technology, fintech, and climate tech, while maintaining their core thesis of backing companies that serve underrepresented markets. The firm invests across stages from pre-seed through Series B+, allowing them to support portfolio companies throughout their growth journey. Celestine Schnugg is among the firm's key partners, contributing to their investment decisions and portfolio company support.
What distinguishes Boom Capital in the competitive New York venture landscape is their commitment to diversity and inclusion, both in their investment approach and the founders they back. By focusing on underserved markets, the firm taps into often-overlooked opportunities while supporting entrepreneurs who bring unique perspectives and solutions to significant market gaps.
“Early-stage fund investing in technology companies building for underserved markets and communities.”
Boom Capital primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Boom Capital is headquartered in New York, NY. Many of their portfolio companies are also based in this region, though they invest across geographies.
Boom Capital focuses on investments in Aerospace & Defense, Other, Consumer, Fintech, Climate. Their portfolio reflects deep expertise and networks within these sectors.
Boom Capital's typical investment check size ranges from $50K to $300K. Actual amounts may vary based on the stage, sector, and specific opportunity.
