Beta Boom

Beta Boom is a pre-seed and seed venture capital firm based in Salt Lake City, Utah, dedicated to investing in founders who do not fit the traditional Silicon Valley mold. The firm focuses on diverse founders, including women, people of color, and individuals from non-Ivy League schools, who are building impactful startups in sectors such as digital health, fintech, cybersecurity, enterprise, SMB SaaS, and the future of work. Beta Boom leads pre-seed rounds and often serves as the first or only check in a funding round, providing hands-on support in product development, marketing, sales, and fundraising to help startups grow and execute at the highest level. The firm has made 27 investments, with its most recent being in Elm AI on April 12, 2025. Beta Boom's portfolio includes companies like Elm AI, Alpha Level, Canopie, CyrenCare, Making Space, Parakeet Financial, Valhalla Healthcare, NOMA AI, OK2StandUP, and wedevx. The firm was founded in February 2018 and closed its $14.5 million Fund II on February 13, 2024, with limited partners including Ally Bank, Pivotal Ventures, Bank of America, and Atento Capital. Beta Boom is led by managing partners Kimmy and Sergio Paluch, who have extensive experience in product innovation and a commitment to supporting underrepresented founders. The firm operates virtually, with its headquarters in Salt Lake City, Utah.