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Based in Seattle, Washington, Boam AI develops managed data agents that transform messy, unstructured public and proprietary signals into structured intelligence for millions of small businesses and major corporate customers like Uber Eats and Toast. These agentic systems integrate directly into customer relationship management platforms, data warehouses, and artificial intelligence products to optimize enterprise sales and operations worldwide. Originally operating as a lead management platform for the restaurant industry under the name Feastfox, the business has since expanded its focus to support broader enterprise growth initiatives. The venture-backed software-as-a-service organization was established in 2016 to provide reliable data infrastructure, though its founding team remains publicly undisclosed. To date, the profitable enterprise has raised a total of 1,680,000 dollars in venture funding, which includes a seed round of 1,500,000 dollars that was completed approximately six years ago.
boam.ai has raised $2.0M across 1 funding round.
boam.ai has raised $2.0M in total across 1 funding round.
boam.ai has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2022 | $2M Seed | — | Acequia Capital, Better Food Ventures, Corner Ventures, G20 Ventures, GFT Ventures, Pioneer Fund, Teclub, Aaron Harris, Ashley Brasier, Charlie Songhurst, George Burke, Sarah Drinkwater | Announced |
Boam.ai is an AI-native CRM management platform designed for sales, data, and AI leaders, providing a single source of truth for SMB and enterprise data synchronization.[1] Originally focused on the restaurant industry, it offers best-in-class data from 500+ verified points across 800K+ sources, custom signals for targeting merchants, and fully managed AI agents that monitor, refresh, clean, and prioritize leads to eliminate inefficiencies like duplicates or low-value prospects.[1][2] It supercharges sales and operations teams by unlocking verified contacts, predicting openings, and automating CRM hygiene, with proven traction in food & beverage before expanding to other verticals.[1][3]
The platform serves delivery platforms, POS companies, food & beverage distributors, and now broader enterprises, solving fragmented SMB data challenges—particularly in complex markets like US restaurants—through agentic intelligence that boosts pipeline prioritization and conversion rates.[1][3][4] With 51-200 employees, Seattle headquarters, and estimated revenue of $5M-$20M, Boam demonstrates strong growth momentum via its pivot to AI-driven scalability.[4]
Boam.ai, formerly known as Feastfox, was founded in 2016 in Seattle, Washington, initially as an eating-out app that launched there after its founders relocated to the US.[3] The company evolved from a restaurant intelligence platform with lead management and CRM automation tailored to food & beverage, addressing sales needs for delivery platforms, POS providers, and distributors.[3][4] A pivotal shift occurred as it rebranded to Boam.ai, building its AI-native CRM by tackling SMB data complexities in the US restaurant sector—a "uniquely complex market"—before co-designing for enterprise scale and rolling out to new industries.[1]
Key leadership includes CEO Daniel Petz, guiding its mission to revolutionize B2B relationships with proprietary data and AI.[4] Early traction stemmed from deep industry expertise in food verticals, transitioning from app-based services to a comprehensive data platform that now uses technologies like PostgreSQL and Python.[5]
Boam.ai rides the agentic AI trend in CRM and data management, where autonomous agents automate tedious tasks like deduping and lead scoring amid exploding SMB data volumes.[1] Timing aligns with post-2023 AI hype, as enterprises demand real-time, accurate data sync to fuel sales AI—especially in fragmented sectors like food & beverage, where outdated info cripples pipelines.[1][3] Market forces favoring it include rising B2B sales tech adoption (e.g., AI for personalization) and SMB digitization, positioning Boam to influence ecosystems by setting standards for vertical-specific AI CRMs beyond restaurants.[1][2]
It shapes the landscape by enabling "frictionless accuracy" for sales teams, reducing low-value work, and inspiring similar tools in hospitality-adjacent fields, amplifying AI's role in B2B efficiency.[1]
Boam.ai is poised to dominate AI-native CRM for verticals with messy SMB data, starting from its restaurant stronghold. Next steps include aggressive multi-industry rollout, deeper enterprise integrations, and enhanced agents for predictive prospecting amid AI agent proliferation. Trends like multimodal data fusion and sales copilot ubiquity will propel it, potentially evolving its influence from niche player to category leader—unlocking "CRM advantage" as AI redefines B2B sales precision.[1]
boam.ai has raised $2.0M in total across 1 funding round.
boam.ai's investors include Acequia Capital, Better Food Ventures, Corner Ventures, G20 Ventures, GFT Ventures, Pioneer Fund, TeClub, Aaron Harris, Ashley Brasier, Charlie Songhurst, George Burke, Sarah Drinkwater.
