Written by The Business Journal Staff
The Central Valley Angel Group announced its first investment today, committing an undisclosed sum to San Luis Obispo-based Boost Acquisition, Inc.
The data analytics business seeks to bring efficiency to the used-automobile sales market through actionable lead generation platform connecting sellers and buyers.
“Boost is excited to bring the Central Valley Angel Group on board and we’re looking forward to having them as a partner as we continue to grow the business,” said Josh Hirahara, CEO of Boost Acquisition.
The startup recently graduated from the SLO HotHouse Incubator program hosted by Cal Poly, which is designed to help entrepreneurs grow their business idea for the marketplace.
A. Emory Wishon III, chairman of the Central Valley Angel Group, said the organization is pleased with the fund’s progress and its first investment with Boost.
“We are poised to do great things with Boost Acquisition and with other central California startups,” he said.
Founded last fall, the Central Valley Angel Group is comprised of accredited investors and focuses on investment opportunities in high-growth, early stage local companies.
For more information on the group or funding opportunities, visit www.centralvalleyangels.com.