Company

Boostly Announces $5.6 Million in Seed Round Funding

Boostly Announces $5.6 Million in Seed Round Funding

Boostly

Aug 6, 2024

Boostly is excited to announce a $5.6 million seed funding round led by Trestle Partners, with participation from Relish Works, Singularity Capital, and Y Combinator. This significant investment fuels Boostly's mission to provide rocket fuel for restaurants, leveraging customer data to drive orders, increase reviews, and grow revenue with minimal effort. Marking a pivotal moment in the company's journey, this funding demonstrates a commitment to enhancing services and maximizing performance for restaurant owners.

Commitment to Excellence

Boostly understands the unique challenges restaurant owners face in not simply maintaining, but growing their business in an increasingly competitive landscape. Our marketing platform was designed to address these challenges, providing innovative solutions that automate marketing efforts and maximize returns. Boostly will now be better positioned than ever to further enhance our services, ensuring that restaurants have the tools and support needed to control their own growth and thrive in today’s market.

Future Plans

With the new funding, Boostly will focus on expanding and enhancing the platform to better serve restaurant needs in the following areas:

Product Innovation: The influx of new capital will accelerate the development of new features and enhancements to the Boostly platform. Our aim is to equip restaurant owners with the most advanced tools available, enabling meaningful customer engagement and significant sales growth. Whether through more sophisticated data analytics or new features that drive even greater customer engagement, our focus is on providing methods and tools for restaurant owners to flourish.

Partnerships and Integrations: We are committed to forming new partnerships and integrations with other restaurant technology providers to continually make life easier for our customers and improve the performance of their Boostly marketing efforts. 

Expanded Support Team: Exceptional customer service has always been a cornerstone of Boostly's values. By expanding our team, we can offer more personalized and responsive support, ensuring that our customers receive the assistance they need to be successful. Our goal is to be a trusted partner in our customer’s business journey, providing industry-leading guidance and support every step of the way.

Enhanced Marketing Tools: The landscape of restaurant marketing is constantly evolving, and Boostly is committed to staying at the forefront of these changes. The platform will continue to evolve with new and improved marketing tools designed to help restaurant owners connect with customers more effectively. From uniquely captivating SMS campaigns to dynamic promotional offers, these tools are tailored to drive higher engagement rates and increase customer loyalty.

Celebrating Growth

Boostly has experienced remarkable growth, nearly quadrupling its annual run rate since last year. Thousands of restaurants across the US and Canada have used our platform to drive more orders and revenue, contributing to over $50 million in restaurant sales since inception. Jaime, owner of a community-focused pizzeria explained, “My shop has been open for 23 years. We’re an established business and I honestly thought all the fast growth was over. I started with Boostly in April. For April and May we were up 20% over April and May last year. For the first week in June we’re up almost 33%. I’m generating over $20,000 in additional sales per month! Absolutely the best marketing I’ve ever done.”

Nothing makes us happier as a company than hearing results like these from our customers! Any growth and achievement we have attained to this point would not be possible without their trust and support. Success stories like these inspire our work at Boostly, and we are incredibly excited about continuing this journey together. The future is bright, and Boostly remains more committed than ever to helping restaurants thrive.

Stay tuned for more updates as Boostly continues to grow and enhance our marketing platform to better serve restaurant owners across the nation. Thank you for being part of the Boostly family! 

Read more about the exciting news here:

QSR

TechBuzz

BusinessNewswire

Y Combinator

Utah VC

Utah Business

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