Singapore-headquartered SaaS platform Boost Capital has secured US$2.5 million in a seed funding round from Village Global, Iterative Ventures, Hustle Fund, Epic Angels, Xcel Next, and Insitor.
Prominent angel investors, including Shivaas Gulati, former co-founder of Remitly; Larry Hootnick, former CFO of Intel; and Puon Penn, former EVP of Venture Capital at Wells Fargo, also participated.
The firm will use the funds for market expansion, enlarging its engineering and product team, and to launch new bank and insurance partners.
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