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How Boomi CEO Steve Lucas grew to $500M revenue and 20K customers in 2024.

Boomi is a cloud-based integration platform that provides businesses with tools for connecting applications, data sources, and devices across their IT ecosystems. The platform offers a range of features, including data integration, API management, and workflow automation, enabling businesses to streamline their data processing workflows and improve their operational efficiency. With Boomi, businesses can connect their cloud and on-premise applications, automate their data integration and migration, and create custom APIs to enable seamless data exchange across their systems. The platform also offers integrations with popular business applications and cloud services, such as Salesforce, NetSuite, and AWS, enabling businesses to leverage their existing technology investments.

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Boomi Revenue

In 2024, Boomi's revenue reached $500M. The company previously reported $50M in 2020. Since its launch in 2000, Boomi has shown consistent revenue growth.

Boomi Revenue GrowthReported revenue / ARR over time$0$125M$250M$375M$500M$625M2000200220042006200820102012201420162018202020222024$0$50M$500MSource: GetLatka.com
YearMilestoneQuote
2024Boomi Hit $500m revenue in January 2024
2020Boomi Hit $50m revenue in August 2020
2000Launched with $0 revenue

Boomi Valuation, Funding Rounds

Boomi reached a $5.8M valuation in 2008, set during its Series A round.

Boomi has raised $4.9M in total funding across 2 rounds, most recently a $4M Series A round in 2008.

Boomi Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M2000200120022003200420052006200720082000 cumulative: $0 • 2000 Founded: $02002 cumulative: $900K • 2000 Founded: $0 • 2002 Angel Round: $900K2008 cumulative: $5M • 2000 Founded: $0 • 2002 Angel Round: $900K • 2008 Series A: $4M @ $6M valuation$5M2000 Founded: $0 valuation2008 Series A: $6M valuation$6MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2008Series A$4M$5.8M69%
2002Angel Round$900K--

Founder / CEO

Steve Lucas

Steve Lucas is listed as Founder / CEO at Boomi.

Q&A

QuestionAnswer
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Customers

Boomi serves 20K customers.

Boomi Employees & Team Size

Boomi employs approximately 1.8K people as of 2026, up from 2 in 2020, including 262 sales reps that carry a quota. It serves 20K customers that rely on its solutions.

Boomi Team GrowthReported headcount over time04008001,2001,6002,000200020022004200620082010201220142016201820202022202300221,7881,788Source: GetLatka.com
YearMilestone
2023Reached 1.8K employees (July 2023)
2020Reached 2 employees (December 2020)
2020Reached 251 employees (August 2020)

Frequently Asked Questions about Boomi

What is Boomi's revenue?

Boomi generates $500M in revenue.

Who is the CEO of Boomi?

The CEO of Boomi is Steve Lucas.

How much funding does Boomi have?

Boomi raised $4.9M.

How many employees does Boomi have?

Boomi has 1.8K employees.

Where is Boomi headquarters?

Boomi is headquartered in Chesterbrook, Pennsylvania, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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