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Technology

Boom

Status: Active

Nov 15th 2019 - Feb 3rd 2020

Extended

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

Rated on 29/01/2020

Pitch Rated

80%

Gold

Management

79%

Product

78%

Investment

84%

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
Click here for more information on our ratings
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Management 79%

Skills 91%
The Founder has previously formed, grown and successfully sold 4 telecoms companies and has now pulled together a team at Boom that has a relevant and strong track record of success.

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Funding progress

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pledged: 0% days to go: TBC investment: Withheld

  • Withheld
    pledged

    £1,500,000
    target

    £10,442,675
    pre-money valuation

    12.56%
    equity available

    Unknown
    investors

    £Unknown
    pledge per investor

    11279508
    company number

    Active
    company status

    28/03/2018
    incorporated 2 years

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  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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