Boast, a fintech company that helps businesses automate the time-consuming process of preparing and financing Research and Development (R&D) tax credit claims, is pleased to announce Alok Tyagi as its new CEO.
Alok Tyagi, the new CEO, comes from a strong business and operational background. He has extensive product and technical leadership expertise at a number of well-known corporate SaaS startups, including DealerSocket, RealPage, CA Technologies, and Sage.
Tyagi has worked as a Chief Product & Technology Officer, General Manager, Partner, and Advisor, among other positions. He’s helped firms grow from nothing to hundreds of millions of dollars in revenue, with many exits. Tyagi was recently ranked #2 on The Software Report’s list of the Top 25 Software Product Executives for 2021.
“Boast has built a vibrant business that is highly successful. Helping companies develop deep R&D intelligence and innovate more to grow fast is a passion of mine. Boast will provide our clients continuous innovation and strong value through using our products,”Alok Tyagi, CEO of Boast
Boast announced a $23 million Series A funding round in December 2020, followed by a $100 million credit facility in early 2021 to assist enterprises with advanced finance against accrued R&D tax credits. In 2021, the company added to its senior team and expanded into new markets. Customer logo increase was followed by strong revenue growth.