About
Founded in 2014, Boomtown Accelerator operates from Boulder, Colorado as a sector-focused accelerator that partners with major corporations to drive innovation in industries including mining, energy, transportation, healthcare, IoT, and adtech. The firm's core model centers on bespoke, customized programs designed to address the specific strategic needs of its corporate partners rather than offering standardized cohorts. This approach has enabled Boomtown to build deep relationships across multiple industries while maintaining a disciplined investment strategy. The accelerator provides early-stage founders with workspace, equipment, mentorship, and capital to refine business models, validate ideas, and accelerate market entry. Boomtown's standard investment size is fixed at $20,000 per company, positioning it as a seed-stage investor focused on ambitious teams with bold ideas. The firm has deployed capital across a diverse portfolio spanning software, proptech, business solutions, fintech, e-commerce, IoT and wearables, blockchain, medical devices, and wellness sectors. As of recent reporting, Boomtown has made 87 documented investments across a portfolio of approximately 168 companies, with average startup valuations in the $1-5 million range at time of investment. The organization has achieved notable success in guiding portfolio companies to profitable exits, with several acquisitions by larger firms multiplying investor returns. Boomtown operates with three distinct sub-organizations including Boomtown Health Tech Accelerator and Boomtown Accelerators Hardware, demonstrating the firm's ability to build vertical-specific programs. The firm works with 293 identified investors and has generated $3.8 million in revenue as of 2024, reflecting steady growth from $2.5 million in 2023. Founders and investors benefit from access to established corporate networks, operational mentorship from experienced entrepreneurs, and a structured pathway from concept to scalable business.