Boast.ai

Boast.ai

boast.ai·Canada·Updated Dec 6, 2023

Boast.ai automates R&D tax credit and government incentive applications for businesses by integrating with their technical and financial systems, getting paid only when clients receive their government funding.

SaaSFintechAnalytics

Est. Valuation

$100M

$100,000,020 · 5× ARR estimate

Monthly Revenue (MRR)

$1.7M

$1,666,667/mo

Annual Revenue (ARR)

$20M

$20,000,004/yr

Employees

120

Founded

2012

Boast.ai Revenue History

Revenue history for Boast.ai from 2023 to 2026.

YearMRRARRYoY GrowthSource
2023$1,666,667$20,000,000Dec 2023

How Boast.ai Makes Money

mixed

Boast.ai Funding

Boast.ai is fully bootstrapped with no outside funding. The company has grown to $20,000,004 ARR organically.

Boast.ai Founders

Lloyed Lobo

Co-founder

Alex Popa

Co-founder

Boast.ai FAQ

How much does Boast.ai make?
Boast.ai generates $1,666,667 in monthly recurring revenue (MRR), which is $20,000,004 annualized (ARR). This revenue figure is self-reported by the founder.
What is Boast.ai's valuation?
Boast.ai's estimated valuation is $100,000,020, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Boast.ai?
Boast.ai was founded in 2012 by Lloyed Lobo (Co-founder), Alex Popa (Co-founder). The company is based in CA.
Is Boast.ai bootstrapped?
Yes, Boast.ai is fully bootstrapped with no outside funding. The company has grown to $20,000,004 ARR organically.
What does Boast.ai do?
Boast.ai automates R&D tax credit and government incentive applications for businesses by integrating with their technical and financial systems, getting paid only when clients receive their government funding. Boast.ai operates in the SaaS, Fintech, Analytics space.

Companies Similar to Boast.ai

SaaS companies with similar tags and business models.

How We Estimate Boast.ai's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.