Boom offers a wide-ranging voice over internet (VoIP) telephone software service targeted towards small and large companies. The company's highly experienced board comes with 270+ years of experience in the IT and Telecom sector. Boom enables a company to execute all of its telephony activity via a highly scalable, cloud-based service with more features. With the proceeds, the company aims at becoming a major software telecoms business. Its exit plan is to sell within five years as a software company, not as a telecoms business, with high growth recurring revenues to do an ideal valuation.
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Boom Rating Review
Pitch rating powered by CROWDRATING™
Rated on 29/01/2020
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£14,967,834
pre-money valuation
12.56%
equity available
Withheld
investors
Withheld
pledge per investor
11279508
company number
Active
company status
28/03/2018
incorporated 6 years
Previous Funding rounds
25 Apr 24 | GrowthDeck | 80.33% |
Officers
News
U.S. Natural Gas Could Be A Big Winner of The AI Boom - OilPrice.com
25/04/2024 OilPrice.com
The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It - The Wall Street Journal
24/04/2024 The Wall Street Journal
Steven Moffat's Doctor Who Episode 'Boom' Has Roots in Classic Story - Den of Geek
25/04/2024 Den of Geek
Boom Radio goes Motown for Mayday with Jenni Murray - Radio Today
24/04/2024 Radio Today
Lux, General Catalyst Back Startup Nominal to Aid Defense Tech Boom - Bloomberg
22/04/2024 Bloomberg
AI Memory Boom Propels SK Hynix's Fastest Sales Growth Since 2010 - Yahoo Finance
25/04/2024 Yahoo Finance
UK Set to Revise AI Oversight Amid Big Tech Data Boom - PYMNTS.com
25/04/2024 PYMNTS.com
Cruise Boom: Royal Caribbean Lifts Profit View Again - MarineLink
25/04/2024 MarineLink
Inside the Literary Travel Boom - Esquire
22/04/2024 Esquire
'Bullish' Demand As Cruises Boom: Royal Caribbean CEO - Bloomberg
25/04/2024 Bloomberg
Valuations in Technology
Wi-Fi Securities Limited | £9.1M |
Morgan Goodwin Limited | £5.6M |
UTU Technologies | £5.0M |
Doqit | £1.3M |
What the ratings mean
RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.