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Boom, a leasing operating system for SFR, has secured $15 million in Series A funding led by S3 Ventures to accelerate product launches and team growth.

PRIVATEAug 18, 2026about 4 hours ago

Amount Raised

$15 Million

Round Type

Series A

AustinOtherOtherOtherFinancial ServicesSoftwareReal EstateFintech

Investors

Gilgamesh VenturesCompany VenturesStarting Line VcMischief VcS3 Ventures

Description

Boom, a leasing operating system for single-family rentals, announced $15 million in Series A funding. Led by S3 Ventures, the funding will help launch BoomCRM and grow Boom's engineering team. The company aims to improve rental operations through innovative financial services. Boom has experienced significant growth, increasing its market presence in recent months.

Company Information

Company

Boom

Location

Austin, Texas, United States

About

Boom is building the financial hub for the 110 Million+ renters in the US. We’ve started by creating rent payment tools that enable renters to pay on the schedule they define and build credit in the process.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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