đź“ť Boon Raises $20.5M

Author

Liam Gill
December 23, 2024

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AI startup Boon has raised $20.5 million to revolutionize logistics efficiency, offering a platform that unifies data from scattered software tools and physical paperwork into actionable insights. Boon’s AI agent targets fleet operators, aiming to simplify operations for companies often overwhelmed by administrative burdens, automating critical back-office tasks like routing and fueling optimization. Led by founder Deepti Yenireddy, who previously held leadership roles at Samsara and sold an HR-focused AI startup, Boon already serves customers managing 35,000 drivers and 10,000 vehicles, achieving a $1 million annual revenue run rate within nine months. Backed by Marathon and Redpoint, Boon plans to expand into areas like container loading and staffing optimization, positioning itself as a leader in the rapidly evolving "agentic AI" space.

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