• Aivaras Rastenis

Boommio Customer Engagement & Acquisition Platform Secures EUR 250K in Funding from 70V


Boommio, the customer engagement, and acquisition company that combines product marketing and scale of online advertising today announced it attracted a 250 000 Eur investment from 70V Revenue Accelerator. The first investment in Boommio will help the company to expand its sales and marketing efforts in Baltic countries, as well as, broaden and accelerate platform development.


70V invests in early-stage technology startups that are looking for a predictable and scalable sales framework, such as Interactio, Paysolut, Whatagraph.


“At 70V we are very excited to back serial entrepreneurs Jonas, Adomas, and their team in scaling Boommio with its unique value offering to FMCGs,” says Gytenis Galkis, the partner at 70V Revenue Accelerator.


Just in 6 months Boommio achieved outstanding revenue growth, introduced services in all three Baltic countries, and received huge interest from FMCG companies. By attracting a new investment Boommio is also planning to expand the team and concentrate on sustainable growth.


“We discovered a tremendous market need for a one-stop and straightforward digital solution to attract new customers who didn’t find our customers products and services yet. We have used our 20 years of experience to solve not one but several industry problems at a time,” said Boommio CEO and co-founder Jonas Davalga. “Having the financial support and expertise of a 70V we will execute our vision even more rapidly and broadly. We were impressed by how professional and sales-oriented 70V team is”.


The company’s mission is to help any size company to grow its business through simple digital innovations while easily increasing product sales, building brand awareness, and attracting new customers. Boommio’s solution requires zero IT integration, zero prize distribution cost, and 1 day to launch your new market campaign!


More information about Boommio you can find at www.boommio.com


About Boommio company: Boommio is the fastest-growing customer engagement and acquisition company based in Lithuania and focused on FMCG sector companies in Baltic countries. The company has successfully launched several campaigns in Lithuania, Latvia, and Estonia with FMCG companies operating in different industries. Boommio offers unique business opportunities for customer engagement, brand awareness, and sales traffic increase.

By eliminating complexity in the long-time preparation & prize distribution process, Boommio gives immediate results for your customers, adds value to market campaigns and influences purchase decisions by launching sales and marketing activity just in 1 day!

From Boommio app user perspective the use of the app is very simple. People can scan products’ EAN codes or enter their unique codes, play a mini-game & win Boommio coins or prizes in the form of e-coupons. Boommio points are collected in a virtual Boommio wallet and at any time can be exchanged for prizes from all our prize partners.


About 70V: 70V is a revenue accelerator focusing on B2B high-growth companies with ambitious talent. Through an individual accelerator program with an investment of up to EUR 300.000, they assist founders in recruiting, training, and setting up a specialized outbound sales team, as well as, fine-tuning lead generation and outreach. 70V acceleration fund was established in the framework of the implementation of the financial instrument “Acceleration Fund” of the Ministry of Economy and Innovation of the Republic of Lithuania, financed from the European Regional Development Fund (ERDF) managed by Invega. To date, 70V has invested and accelerated more than 30 companies, for more information visit: www.70V.com


Original source: https://www.startuplithuania.com/news/boommio-customer-engagement-acquisition-platform-secures-eur-250k-in-funding-from-70v-revenue-accelerator/