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Beta Boom is a boutique venture capital fund based in Salt Lake City, Utah, founded by Kimmy and Sergio Paluch. Established to support early-stage startups, the fund emphasizes investing in founders from diverse backgrounds who often do not fit the traditional Silicon Valley mold. This focus on inclusivity is a cornerstone of their investment philosophy.
The fund currently manages approximately $15 million across its investments, with a portfolio that includes 27 companies. Beta Boom operates with a clear mission to provide not only capital but also operational support, helping founders navigate the challenges of building impactful companies. The firm has gained recognition for its commitment to diversity and innovation in the startup ecosystem.
Beta Boom has made significant strides since its inception, with a notable emphasis on sectors such as fintech and digital health. The firm has established a reputation for its people-over-patterns philosophy, which prioritizes investing in founders who are often overlooked by traditional venture capital.
Beta Boom invests primarily in pre-seed and seed stage companies, with a specific focus on sectors including fintech, digital health, enterprise solutions, and the future of work. The fund seeks to identify innovations that address real problems faced by enterprises, businesses, and consumers. Investments typically range from $150,000 to $350,000, with valuations capped at $10 million.
The firm does not invest in companies based in the San Francisco Bay Area or those headquartered outside the United States. This geographic focus aligns with their mission to support diverse founders who may not have access to traditional venture capital networks. Beta Boom's investment strategy is designed to empower founders with the resources they need to build scalable and impactful solutions.
Beta Boom's portfolio includes a diverse array of companies that reflect its commitment to supporting innovative solutions across various sectors. Notable portfolio companies include:
These companies exemplify Beta Boom's focus on impactful software solutions that address significant challenges in their respective industries.
Kimmy Paluch - Co-founder & Managing Partner. Kimmy has a background in venture capital and entrepreneurship, with experience in the Bay Area. She is an MIT Sloan alum and has been featured in various profiles highlighting her commitment to supporting diverse founders.
Sergio Paluch - Co-founder & Managing Partner. Sergio also has a background in venture capital and has worked in the Bay Area. He shares a similar commitment to investing in diverse founders and has been involved in various initiatives to promote inclusivity in the startup ecosystem.
To pitch Beta Boom, founders should use the application portal on their website. It is important to include a comprehensive deck that outlines the business model, market opportunity, and the founding team's background. Founders can expect a response within a few weeks, and warm introductions are preferred but not mandatory.
As of April 12, 2025, Beta Boom made its most recent investment in Elm AI. The firm has completed a total of 27 investments to date, with Fund II actively deploying capital since its closure on February 13, 2024, at $14.5 million. Co-investors include notable firms such as Union Square Ventures, Acumen America, SoGal Ventures, Serena Ventures, BBG Ventures, and Alumni Ventures Group.
Beta Boom has been recognized for its commitment to supporting diverse founders and has been featured in various publications, including MIT Sloan alumni profiles and Pulse2. The firm is also listed as a partner in the Beyond The Billion initiative, which pledges to invest in female-founded companies.
What are Beta Boom's investment criteria?
Beta Boom focuses on pre-seed and seed stage companies, particularly those led by diverse founders. The fund invests in sectors such as fintech, digital health, enterprise solutions, and the future of work. Typical check sizes range from $150,000 to $350,000, with company valuations capped at $10 million.
How can startups apply or pitch to Beta Boom?
Startups interested in pitching to Beta Boom can do so through the application portal available on their website. It is recommended to provide a clear overview of the business model, market opportunity, and the founding team's background.
What makes Beta Boom different from other venture capital firms?
Beta Boom distinguishes itself by focusing on diverse founders who are often overlooked by traditional venture capital. The fund emphasizes operational support alongside capital investment, helping founders navigate challenges and scale their businesses effectively.
What is Beta Boom's geographic scope for investments?
Beta Boom primarily invests in companies based in the United States and does not consider investments in the San Francisco Bay Area or companies headquartered outside the U.S.
What is the fund size and check size for Beta Boom?
Beta Boom currently manages approximately $15 million across its investments, with typical check sizes ranging from $150,000 to $350,000.
What kind of post-investment involvement does Beta Boom have?
Beta Boom provides operational support to its portfolio companies, assisting founders in navigating challenges and scaling their businesses effectively. This support is a key aspect of their investment strategy.
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