Boom

Company Overview

Snapshot

Founded in January 2023 by Nitzan Afek, Boom operates with 11–50 employees. The company has raised $12.7 million across one funding round from 4 investors.

Business overview

Boom provides an AI-driven property management system (PMS) tailored for short-term rental operators, boutique hotels, and vacation rental managers. The platform leverages artificial intelligence to automate operational workflows, including guest communication, maintenance task creation, and financial accounting. It serves as a centralized hub, integrating with major booking channels and smart home devices to synchronize availability and property status in real time. By consolidating fragmented technical stacks into a single dashboard with a transparent financial portal for property owners, Boom aims to reduce manual labor and operational overhead. The company also incorporates dynamic pricing and revenue management tools to optimize occupancy and profitability, enabling hospitality businesses to scale efficiently while maintaining service standards.

Strategic signal

In October 2025, Avenue Growth Partners led Boom's $12.7 million Series A funding round. This significant investment validates Boom's AI-powered property management solution and signals strong investor confidence in its potential to automate and optimize operations for short-term rental and hospitality businesses. The funding is expected to accelerate product development and market expansion, positioning Boom for increased market share in the proptech sector.

Company Intelligence Q&A

When was Boom founded?

Boom was founded in January 2023.

What is Boom's primary sector?

Boom's primary sector is Fintech & Insurtech, specifically focusing on Personal Finance Management within that classification.

How much capital has Boom raised to date?

Boom has raised a total of $12.7 million across one funding round.

Which firm led Boom's Series A funding round?

In October 2025, Avenue Growth Partners led Boom's $12.7 million Series A funding round.

What does Boom's platform do?

Boom provides an AI-driven property management system (PMS) for short-term rental operators, boutique hotels, and vacation rental managers, automating operational workflows like guest communication, maintenance, and financial accounting, and integrating with booking channels and smart home devices.