Boom is a fintech company founded in 2019, headquartered in Austin, Texas. It operates in the rental housing and property management sectors, offering financial services designed for renters and property managers. The company is led by second-time founders and has secured backing from investors including Starting Line, Clocktower Ventures, Gilgamesh Ventures, and angels from firms such as Plaid and Column.
The company's product suite addresses several needs within the rental market. BoomReport allows renters to have their payment history reported to the three major credit bureaus - Experian, Equifax, and TransUnion - to help build their credit profiles. For property managers, BoomScreen provides configurable tenant screening tools. A third product, Rent Reporting-as-a-Service, is an API that enables other property management software platforms to integrate rent reporting functionality directly into their own systems.
Boom's technical work spans financial services, API development, tenant screening, and credit reporting. The company targets a potential market of over 110 million renters in the United States.
