Boom Supersonic Raises $200M in Series C

Boom Supersonic has successfully raised $200M in a Series C at a $6B valuation led by Bessemer Venture Partners, Emerson Collective, American Express Ventures, United Airlines Ventures.

Company Overview

Boom Supersonic is a Aviation company headquartered in 7180 South Tucson Way, Centennial, CO 80112, founded in 2014 with 500+ employees.

Supersonic passenger aircraft

Fundraising Details

Amount Raised: $200M
Round Type: Series C
Valuation: $6B
Date: 2024-08-09
Investors: Bessemer Venture Partners, Emerson Collective, American Express Ventures, United Airlines Ventures

About Boom Supersonic

Supersonic passenger aircraft The company is positioned in the Aviation sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 7180 South Tucson Way, Centennial, CO 80112
Founded: 2014
Team Size: 500+
Industry: Aviation

What This Means

This funding round demonstrates strong investor confidence in Boom Supersonic's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Aviation sector continues to attract significant investment as companies innovate to meet evolving market demands. Boom Supersonic's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $6B valuation marks an important milestone for Boom Supersonic, positioning the company among notable players in the Aviation industry.

Looking Ahead

With this new capital, Boom Supersonic is well-positioned to execute on its growth strategy and continue building innovative solutions in the Aviation space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-08-09. For more information about Boom Supersonic, visit their headquarters at 7180 South Tucson Way, Centennial, CO 80112.