Boom Startup

Deal Snapshot

Company: BoomStartup, LLC

Sector / Category: Startup accelerator / early-stage venture ecosystem

Headquarters: Salt Lake City, Utah

Founded: 2010

Investor: Frazier VC

Deal Type: Primary purchase

Company Overview

BoomStartup is a mentorship-driven startup accelerator that supports early-stage founders through structured programming, expert networks, and capital access. Public descriptions position it as an early-stage growth and investment program provider that runs multiple programs across founder education, execution support, and fundraising preparation.

Public Funding / Capital Events

Mar 10, 2010 — BoomStartup launched as a Utah seed-capital and mentor-focused incubatorEarly coverage described BoomStartup as Utah’s startup incubator model combining mentorship and seed-capital support for web and software startups.

Jun 21, 2019 — Acquired by Assure Services, LLC (undisclosed terms)MWCN’s deal flow reporting lists BoomStartup, LLC as acquired by Assure Services, LLC on June 21, 2019.

Nov 14, 2022 — Acquired by VentureCapital.org VentureCapital.org announced that BoomStartup became part of VentureCapital.org, describing the change as bringing BoomStartup under the nonprofit’s umbrella of entrepreneurship programs.

Investment Summary

Frazier VC invested in BoomStartup through a primary investment in April 2011.

Why We Invested

BoomStartup operated as a repeatable platform for identifying and accelerating early-stage companies through a structured mentorship model and founder programming. The accelerator format can scale by leveraging a network of operators, domain experts, and investors across cohorts, while building durable advantage through brand, community, and dealflow access. Programs like these can create meaningful long-term leverage by improving founder execution, speeding learning cycles, and increasing the quality and readiness of companies entering the fundraising market.

Other Investors

Assure

VentureCapital.org