Boast

How This Team Bootstrapped Boast to $10M Revenue Before a Major Exit

October 18th, 2024

Founded By
Lloyed Lobo
Monthly Revenue
$833K
Founders
2
Profitable
Yes
Year Started
2012
Customer
B2B

Who is Lloyed Lobo?

Lloyed Lobo, co-founder of Boast.AI, has an engineering background and studied in Canada. Originally from Kuwait, he experienced the Gulf War as a refugee, which influenced his approach to building communities. Before starting Boast.AI, Lobo held various roles in startups, honing his skills in sales and entrepreneurship.

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What problem does Boast solve?

Boast simplifies the cumbersome process of obtaining R&D tax credits, saving businesses time and effort by automating applications and audits, ensuring faster financial support. This is crucial for companies needing to access funds quickly to fuel innovation, making Boast an indispensable tool for tech-focused entrepreneurs looking to accelerate growth without getting bogged down in complex tax documentation.

Founder-Market Fit

Skills

What skills did Lloyed Lobo have that led to their success?