Beta Boom

Beta Boom, headquartered in Salt Lake City, Utah, is a venture capital firm focused on pre-seed and seed investments in startups led by diverse and underrepresented founders. Established in 2017 by Kimmy and Sergio Paluch, Beta Boom prioritizes founders outside of the traditional Silicon Valley ecosystem, particularly women and people of color. The firm invests in companies across various sectors, including digital health, financial technology, education technology, and SaaS. Notable portfolio companies include Canopie, Valhalla Healthcare, and Bolder Money. Beta Boom provides extensive post-investment support, including weekly coaching in product development, marketing, sales, and fundraising, effectively becoming an extension of the startup teams they invest in. Beta Boom recently closed a $14.5 million Fund II, with support from partners such as Ally Bank, Pivotal Ventures, and Bank of America. This fund aims to support early-stage startups addressing the needs of fast-growing yet underserved populations. The firm emphasizes the importance of combining capital with operational expertise to help startups succeed.