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Boom

Underwriting software for surety bond carriers and agencies

Raised to date

$250K

of $700K offered across 1 Form D filing

Still open
$450K
Investors
3
Last filed
Apr 14, 2026

About

Boom makes underwriting software for surety teams at carriers and agencies. It extracts and normalizes job data from contractor work-in-progress reports in PDF or Excel, matches projects across reporting periods, and tracks profitability, underbillings and bonded exposure. A second product turns financial statements and tax returns into spreads mapped to an institution's own account codes and credit rules.

Built specifically for contract and commercial surety, with every extracted figure traced back to the source document and processing times under five minutes per WIP or statement.

Funding

  • OtherFiled Apr 14, 2026Form D
    $250K/ $700K

Product

Work-in-Progress Analysis

Surety underwriting software

Extracts job data from contractor WIP reports, matches jobs across reports even when names or IDs change, and flags profit fade, late-stage underbillings and bonded exposure concentration.

  • WIP data extraction from PDF and Excel with source verification
  • Project matching across reporting periods
  • Profit gain and fade analysis

Built for

Contract and commercial surety carriers and agencies

People on file