boon AI Raises $20.5M in Series A Funding to Scale AI Workflow Platform for Commercial Fleets
boon acts as a system of engagement for revenue and operations teams, transforming how commercial fleets operate.
Company Name: boon AI
Location: San Francisco, CA
Industry: AI-Powered Workflow Automation for Commercial Fleets
Funding Details:
Amount: $20.5M (Series A)
Investors: Marathon (Lead), Redpoint Ventures
Purpose of Investment:
The funds will grow boon’s engineering and go-to-market (GTM) teams over the next 18 months.
Leadership:
Founder and CEO: Deepti Yenireddy
Product:
boon’s AI platform automates operational workflows for commercial fleets, offering solutions to book incremental revenue, reduce operating expenses, and streamline logistics processes. Key features include:
- AI Agents: Built on advanced Large Language Models, replicating worker tasks within a week.
- Seamless Integrations: Connecting with logistics systems like fuel cards, TMS, telematics, ERP, WMS, and ELD providers.
- Automated Workflows: Enhancing order entry, load sourcing, compliance, fuel optimization, and appointment scheduling.
About the Company:
Serving dozens of companies with 33K drivers across 6.8K vehicles, boon has delivered 170K loads through its AI-driven platform. By combining deep industry knowledge with cutting-edge AI technology, boon acts as a system of engagement for revenue and operations teams, transforming how commercial fleets operate.
With fresh funding and ambitious growth plans, boon is poised to lead innovation in the commercial fleet sector, driving efficiency and profitability through AI-powered automation.
