# Boon Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boon-technologies

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.getboon.ai
- Total disclosed funding: $21M
- Latest round: Series A (Oct 8, 2024)
- Investors on record: 2

## About

Established in 2023 and based in California, US, Boon is a technology company specializing in the automation of logistics and supply chain operations through AI-driven solutions, enhancing efficiency and communication across the industry. In December 2024, Boon raised USD 15.5 million in series A funding co-led by Marathon Ventures and Redpoint Ventures.

The firm’s core offerings include automated data entry, load sourcing, compliance management, and real-time alerts, all aimed at enhancing operational efficiency and reducing human error. By utilizing advanced AI agents, Boon facilitates seamless communication among dispatchers, drivers, and customers, thus centralizing workflows and improving response times. The products are tailored for commercial fleets and logistics providers, enabling them to connect existing systems such as email, transportation management systems (TMS), load boards, and telematics. 

Boon AI generates revenue primarily through subscription-based models and partnerships with logistics and transportation companies. Clients engage with Boon by subscribing to various service tiers that provide access to their AI platform and automation tools, which enhance workflow efficiencies. 

Boon plans to leverage its recent USD 5.00 mn Seed funding to enhance its product offerings and expand its market presence. Upcoming launches include new features and tools designed to further streamline logistics operations, with potential release dates slated for late 2024. The company aims to enter additional markets in Asia and South America by 2025, targeting regions where digital transformation in logistics is accelerating.

## Funding rounds

- Series A, Oct 8, 2024, $16M — Redpoint Ventures, Marathon Ventures
- Seed, Jul 25, 2023, $5M — Redpoint Ventures, Marathon Ventures

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed, Series A
- Marathon Ventures (https://capitalatlas.ai/funds/marathon-ventures) — Seed, Series A