We are delighted to welcome MFV Partners’ newest portfolio company, Boostup.ai, an Enterprise Sales Intelligence Platform.
This investment and the entire diligence process is indicative of the times but we are all extremely fortunate to be able to continue our work from home and through Zoom conference calls. We got introduced to Sharad and the Boostup team by Entrepreneur and Angel Investor, Girish Muckai, two years ago. So, we knew the team before Covid-19 times but this is our first investment managed and done completely through Zoom.
Extracting meaningful intelligence from volumes of data across disparate data sources is a pressing problem of today’s systems – whether in autonomous systems, Robotic platforms or Enterprise Systems. The problem is only getting worse with with new single-use applications, changing communication paradigms and variety of interaction platforms. Boostup is solving this problem for Enteprise sales and other client facing functions. Boostup platform ingests unstructured data across CRM, email, Slack, Zoom and other sources to provide actionable intelligence for sales teams.
Sharad, Amit and Neal are repeat entrepreneurs and have approached this problem with deep insights drawing on their startup and big company experiences. I was impressed with the thoughtfulness and deliberate decision making of the founders. Amit and team is building an incredibly complex technology stack. We found the team driven in their pursuit to create a compelling solution to solve the Enterprise sales needs.
We are happy to invest along with Canaan (with whom I had invested during my time at Qualcomm Ventures), Emergent Ventures (Ankur and I have exchanged ideas since his time at Nexus), BGV (this is our second investment together) and Correlation Ventures.
At MFV, we are excited to be part of Boostup’s journey in building an actionable Sales Intelligence Platform for enterprises.