Boost Capital Partners has launched its first fund to support founders who are building exceptional user experiences to solve real-life problems.
Based in London and having successfully completed 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 is founded by Alvaro Alvarez del Rio, a seasoned investor in the consumer space who has backed around 100 companies at or before 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 invests in pre-seed and seed companies with initial ticket sizes of up to $750,000 and follow-on capabilities. 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.
It has already backed seven companies in geographies across Europe and Latin America.
Boost says 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.