Lowenstein Sandler represented PeakSpan Capital as lead investor in their Series A venture capital investment in Boostly, Inc., the leading provider of SMS marketing feedback solutions for restaurants.
With participation from existing investors Y Combinator, Trestle Partners, and Singularity Capital, the investment round raised $22 million in growth capital.
The Series A round comes just six months after Boostly's $5.6 million Seed round, underscoring the company's extraordinary growth trajectory and market potential. The fresh capital will fuel innovation and expansion as Boostly continues to empower restaurant owners to unlock the value of their first-party customer data and drive revenue with proven marketing tools and strategies.
PeakSpan Capital is a growth equity firm with over $1.5 billion in assets under management, based in New York City and San Mateo. Specializing in high-growth software businesses, PeakSpan partners with entrepreneurs to drive resilient, risk-adjusted value creation.
The Lowenstein team included Anthony O. Pergola, Mark P. Kesslen, Sarah Gore, Judith G. Rubin, CIPP/US/E, CIPT, Abbey E. Baker, Lauren Noval Russell, Oluwaseyi O. Amorin, Nathan Shultz, Antonia E. Spano, and Chloe Rippe.
