boon Raises $20.5M Series A

boon AI, a San Francisco, CA-based AI-powered workflow platform for commercial fleets, raised $20.5m in Series A funding.

The round was led by Marathon and Redpoint Ventures.

The company intends to use the funds to grow its engineering and go-to-market (GTM) teams over the next 18 months.

Led by Deepti Yenireddy, founder and CEO, boon provides an AI platform for commercial fleets to book incremental revenue, reduce operating expenses, and automate operational workflows. Built from the latest Large Language Models, boon’s AI agents combine deep industry knowledge with business context to assist and replicate worker tasks within a week. The AI platform is fully integrated with existing logistics software systems, including fuel card, TMS, telematics, ERP, WMS, and ELD providers. boon leverages these integrations to act as the system of engagement for revenue and operations teams to automate their work across order entry, load sourcing, compliance, fuel optimization, and appointment scheduling.

boon already works with dozens of companies serving 33K drivers across 6.8K vehicles, delivering 170K loads.