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Boost Payment Solutions
Dean M. Leavitt's Boost Payment Solutions has processed over $20B in B2B card volume via patented straight-through processing technology since 2009.
Boost Payment Solutions
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General information
Firm type
Asset Manager
Year founded
2009
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
950 Third Ave, 23rd Floor, New York, NY 10022, United States
Principals
Dean M. Leavitt
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Boost Payment Solutions?
Boost is not an investment firm; it is a payment technology company led by founder Dean M. Leavitt. Capital allocation is overseen internally by management and a board of directors formed in 2018, with venture funding rounds led by Mosaik Partners and Invictus Growth Partners. There is no disclosed CIO or investment committee.
How does Boost Payment Solutions source its proprietary deal flow?
Boost doesn't source investment deal flow. Its commercial pipeline comes from direct bank partnerships (J.P. Morgan, Citibank, Wells Fargo) and enterprise software integrations (CoupaPay, GHX, Conferma Pay) that embed its payment rails into buyer-supplier workflows. The firm also maintains a Global Framework Agreement with Mastercard that expands its origination reach.
Is Boost structured as a family office or does it operate more like a venture firm?
Boost is a venture-backed operating company, not a family office. It closed a $12 million Series B in 2019 and a $22 million Series C round led by Invictus Growth Partners in 2021. Capital raised is used for platform development and geographic expansion, not for allocating into external investments.
Does Boost participate in fund commitments or only direct deals?
Boost does not participate in fund commitments or direct deals as an allocator. The firm's activity is limited to operating its B2B payment platform, which processes commercial card transactions for trading partners in over 40 countries. Any references to 'deals' refer to commercial supplier-enablement agreements.
What investment stages does Boost Payment Solutions typically target?
Boost targets no investment stages — it is not an investor. As a payment technology company, it focuses on commercial card acceptance for enterprise buyers and their supplier networks, and it integrates with platforms that serve accounts payable and accounts receivable workflows.
Where does the underlying wealth come from?
There is no family wealth behind Boost. The company was bootstrapped by founder Dean M. Leavitt starting in 2009 and later capitalized through institutional venture rounds. It is a standalone operating entity with no disclosed single-family anchor.
What is Boost's known posture on co-investments alongside external GPs?
Boost has no disclosed posture on co-investments because it does not operate as a capital allocator. The firm provides the payment infrastructure that GPs and their portfolio companies use to process B2B card payments, rather than co-investing alongside them.
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