Boon Technologies, Inc.
San Jose, US · Founded 2023 · Delaware corporation · 1 known investors
Boon builds an AI-powered workflow platform for commercial fleets in supply chain and logistics.
Also known as Boon · Boon Technologies
Founders & leadership
Boon Technologies, Inc. was founded in 2023 by Deepti Yenireddy.
Board
Investors · 1
Reported raises · per SEC filings
Form D private placements$20.5M disclosed across 2 of 4 rounds · 2023–2024
▶$5MraisedJan 2025 · 11 investors · Other TechnologyRule 506(b)
- Deepti YenireddyExecutive Officer, Director
- Urvashi BarooahDirector
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$15.5MraisedJan 2025 · 5 investors · Other TechnologyRule 506(b)
- Urvashi BarooahDirector
- Deepti YenireddyExecutive Officer, Director
- Offering amount
- $15.5M
- Amount sold
- $15.5M
- First sale
- Oct 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Boon Technologies, Inc. (operating as Boon, website getboon.ai) develops an AI-powered workflow platform aimed at commercial fleet operators in the supply chain and logistics sector. The platform integrates with existing logistics systems including transportation management systems (TMS), enterprise resource planning (ERP) software, and electronic logging devices (ELD), and automates or streamlines operational tasks such as order entry, compliance, and fuel optimization.
The company was founded by Deepti Yenireddy. Public reporting from December 2024 describes Boon as based in San Francisco, California, while internal records list a San Jose, California headquarters. At the time of its December 2024 funding announcement, Boon reported supporting 33,000 drivers across 6,800 vehicles and delivering 170,000 loads, serving customers in transportation, food and beverage, field services, and construction.
Founding story
The available sources state only that Boon was founded by Deepti Yenireddy; no further founding details are reported.
Business model
Boon supplies software to commercial fleet operators; its platform integrates with customers' logistics systems (TMS, ERP, ELD) to automate workflows such as order entry, compliance, and fuel optimization. The sources do not state pricing or contract structure.
Traction
As of the December 2024 funding announcement, Boon reported supporting 33,000 drivers across 6,800 vehicles and delivering 170,000 loads.
Latest developments
In December 2024 Boon announced $20.5 million in total funding, comprising a $15.5 million Series A and a previously undisclosed $5 million seed round, led by Marathon and Redpoint Ventures, alongside the launch of its AI workflow platform for commercial fleets.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Boon is categorized as a fleet management software provider serving commercial fleets; the sources do not provide market share or comparative ranking data.
Technology
An AI-powered workflow platform that integrates with logistics systems including TMS, ERP, and ELD to streamline tasks such as order entry, compliance, and fuel optimization.
Go-to-market
Boon stated that its December 2024 funding would be used to expand its engineering and go-to-market teams over the following 18 months.
Commercial fleets in the supply chain and logistics industry, spanning transportation, food and beverage, field services, and construction sectors.
Geography
United States; reporting in December 2024 placed the company in San Francisco, California, while internal records list San Jose, California.
History
Boon was founded by Deepti Yenireddy. It raised an initially undisclosed $5 million seed round, and in December 2024 disclosed that round together with a $15.5 million Series A.
Risks & controversies
No risks or controversies are reported in the available sources. Note that several similarly named entities exist, including Boon (boongroup.com), an Austin, Texas–based employee benefits wholesale partner and third-party administrator founded in 1982, which is unrelated to Boon Technologies, Inc.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsBoon announced $20.5 million in funding, comprising a $15.5 million Series A and a previously undisclosed $5 million seed round. Marathon and Redpoint Ventures led the Series A and had also participated in the seed round. Funds are earmarked for expanding engineering and go-to-market teams over 18 months.
$20.5M source ↗
Alongside its funding announcement, Boon launched an AI workflow platform intended to improve efficiency and profitability for commercial fleets.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 4
primary sources listed
- Boon Secures $20.5 Million in Funding | The SaaS Newsthesaasnews.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Boon Technologies, Inc. do?
- Boon builds an AI-powered workflow platform for commercial fleets in supply chain and logistics.
- Who founded Boon Technologies, Inc.?
- Boon Technologies, Inc. was founded by Deepti Yenireddy in 2023.
- Who are Boon Technologies, Inc.'s investors?
- Boon Technologies, Inc.'s investors include Redpoint Ventures.
- How much funding has Boon Technologies, Inc. raised?
- Boon Technologies, Inc. has disclosed $20.5M raised across 2 of its 4 known rounds.
- Where is Boon Technologies, Inc. headquartered?
- Boon Technologies, Inc. is headquartered in San Jose, US.