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§ Private Profile · Seattle, WA, USA
School fundraising services provider offering fun runs, online platforms, and product sales for K-12 schools, focused on minimal effort.
Booster is a Peachtree Corners, Georgia-based company that provides comprehensive school fundraising services, including online donation platforms, custom apparel sales, and fitness-based events like the Boosterthon Fun Run. The organization generates an estimated $50.1 million to $75 million in annual revenue by charging service fees for its managed fundraising programs and product sales. Operating across more than 37 states, the business primarily serves K-12 schools, parent-teacher associations, and booster clubs seeking to generate capital with minimal administrative effort. Following a 10% growth in headcount over the past year, the company currently employs between 549 and 652 people to facilitate its nationwide operations. The corporate leadership team features several key executives, including President Stephen Murray, Vice President and General Manager Jordan Kauffman, and Vice President of Human Resources Jared McFadden. Booster was originally founded in 2001 by Chris Carneal.
Booster has raised $221.1M across 6 funding rounds.
Booster has raised $221.1M in total across 6 funding rounds.
Booster is a technology company primarily specializing in the design, development, and deployment of electronic testing equipment and automated manufacturing solutions. It serves a broad range of industries including industrial, medical, energy, consumer electronics, automotive electronics, and semiconductors. Booster’s products and services focus on testing automation, fixture design, software development for testing, and manufacturing automation processes such as robotic arm automation and in-line automation. The company supports original equipment manufacturers (OEMs) and electronics manufacturing services (EMS) providers by solving complex testing and automation challenges, thereby improving production efficiency and product quality. Booster has demonstrated growth momentum by expanding its market reach from China to Southeast Asia, Europe, and America, supported by strategic partnerships worldwide[1].
Founded in 2016, Guangdong Booster Electronic Technology Co., Ltd. emerged with a focus on electronic testing and manufacturing automation. The founding team brought expertise in mechanical design, electronic design, software development, and automated system development, enabling the company to build comprehensive testing and automation solutions. Early traction came from serving the domestic Chinese market, followed by strategic expansion through partnerships in the US, Mexico, Europe, Vietnam, and Thailand. This evolution reflects Booster’s commitment to scaling its technology and services globally while maintaining a strong engineering foundation[1].
Booster rides the trend of increasing automation and digitization in electronics manufacturing, driven by the demand for higher quality, faster production cycles, and cost efficiency. The timing is favorable as industries such as automotive electronics and semiconductors face growing complexity and volume, necessitating advanced testing and automation solutions. Market forces such as globalization of supply chains and the rise of smart manufacturing (Industry 4.0) work in Booster’s favor. By enabling manufacturers to automate testing and assembly, Booster influences the broader ecosystem by improving product reliability and accelerating time-to-market for electronic devices[1].
Looking ahead, Booster is well-positioned to capitalize on the ongoing shift toward smart manufacturing and Industry 4.0. Trends such as increased semiconductor demand, electric vehicles, and IoT devices will likely drive further need for sophisticated testing and automation solutions. Booster’s continued expansion into international markets and enhancement of its automation capabilities could strengthen its influence in the global electronics manufacturing ecosystem. Future growth may also come from integrating AI and data analytics into testing processes to improve predictive maintenance and quality control, aligning with broader digital transformation trends in manufacturing.
Booster’s foundation in engineering excellence and strategic global partnerships sets a strong platform for sustained innovation and market leadership in electronic testing and automation.
Booster has raised $221.1M across 6 funding rounds. Most recently, it raised $130.0M Series D in May 2022.
Booster has raised $221.1M in total across 6 funding rounds.
Booster's investors include Matthew Christensen, Andreessen Horowitz, Conversion Capital, Greylock, Khosla Ventures, Madrona Ventures, Maveron, Princeville Capital, RRE Ventures, Runway Growth Capital, WestRiver Group, Louis Beryl.