What is Boku?
Boku Inc. operates as the premier global provider of local mobile-first payment solutions, enabling major brands such as Amazon, Meta, and Google to connect with millions of consumers who prefer alternative payment methods over credit cards. Established in 2008 and headquartered in London and San Francisco, Boku leverages a vast payment network across numerous countries. The company's core mission is to simplify digital commerce by offering a diverse range of payment options, thereby expanding market reach for its clients and providing a seamless transaction experience for end-users.
How much funding has Boku raised?
Boku has raised a total of $90.4M across 5 funding rounds:
Series A
$3M
Series C
$25M
Series D
$35M
Private Equity
$13.6M
Private Equity
$13.8M
Series A (2009): $3M with participation from Index Ventures, Benchmark Capital, and Khosla Ventures
Series C (2009): $25M led by DAG Ventures, Khosla Ventures, Index Ventures, and Benchmark Capital
Series D (2012): $35M supported by Khosla Ventures, DAG Ventures, New Enterprise Associates, Index Ventures, Telefónica, and Andreessen Horowitz
Private Equity (2014): $13.6M, investors not publicly disclosed
Private Equity (2016): $13.8M backed by DAG Ventures, Khosla Ventures, Index Ventures, NEA, and Benchmark Capital
Key Investors in Boku
DAG Ventures
DAG Ventures is a mid-stage venture capital partnership that focuses on supporting visionary entrepreneurs and the elite early-stage VCs who back them. The firm emphasizes a service-oriented mindset, aiming for speed, consistency, and simplicity in its operations.
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems.
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies.
What's next for Boku?
The recent strategic investment in Boku signals a strong confidence in the company's trajectory and its pivotal role in the evolving digital payments landscape. This capital infusion is expected to fuel further expansion of its payment network, enhance its technological infrastructure, and potentially drive strategic acquisitions or partnerships. As global e-commerce continues to grow, particularly in regions with lower credit card penetration, Boku is well-positioned to capitalize on this trend, solidifying its status as an indispensable payment partner for leading digital businesses worldwide.
See full Boku company page
