Boost Capital Partners announced the launch of its first fund to support founders who are building exceptional user experiences to solve real-life problems. Successfully completing its first close of $30 million, the fund is led by a team with a collective experience of over 25 years in the digital consumer and gaming industries.
Boost Capital Partners was founded by Alvaro Alvarez del Rio, a seasoned investor in the consumer space who has backed around 100 companies at or before the seed stage including Deliveroo, Supercell, Hutch Games, and Tenor. The partners in the team, Ignacio Monereo, and Pablo Morenes, have also held leadership positions at companies including Google, Meta, and Blackstone.
Boost Capital Partners invests in pre-seed and seed companies with initial ticket sizes of up to $750K and follow-on capabilities. And it targets a broad range of sectors of the real economy where the user experience can be significantly improved, including health, wellness, education, sustainability, entertainment, and finance. Plus it has already backed 7 companies in geographies across Europe and Latin America.
The venture firm firmly believes that outstanding user experiences lie at the heart of a successful digital business and they can be used to positively impact people’s lives. And it also believes that extraordinary technology founders in any industry should not be hampered in their efforts to build category-defining products by a lack of expertise in the mechanics that define user behavior. This is why its support extends beyond just financial investment as it aims to provide guidance on critical aspects in the growth of a company including user acquisition, engagement and revenue generation.
