boon AI – an AI-based workflow platform for commercial fleets – announced it is launching to transform supply chain and logistics by offering a single system to automate repetitive manual tasks. The Series A round was led by Marathon and Redpoint Ventures. The funding will accelerate the benefits it brings to customers, ranging from food delivery to powering the teams that ensure holiday gifts arrive on time. The new funding round will enable boon to grow its engineering and go-to-market teams.
boon already works with dozens of companies and deploys its AI agent to take on customer tasks after mimicking manual workflows for a few days.
Created by seasoned engineers and industry insiders from Apple, DoorDash, Google, Samsara, and Shell, the team brings deep customer insight and expertise. boon’s AI agent is already helping customers and generating repeatable revenue.
boon’s technology currently serves 33K drivers across 6.8K vehicles, delivering 170K loads. And the solution has been developed with a deep understanding of industry pain points and applies the latest foundational models to transform operational workflows in the following ways:
1.) Fast Training – Within days of training alongside a human, it can perform tasks by mimicking those workflows
2.) Cost-Savings – Fleets save an average of $7-10 per truck per day
a.) Double D Distribution saves up to $7.40 per truck per day with fuel recommendations from an agent who browses daily prices, discounts, and driver routes to suggest the most optimal stations in various states within a few miles of their daily route
3.) Accelerate Collections and Improve Cash Health – Real-time location-based nudges remind drivers to submit Bills of Lading and Proof of Delivery (BOL/PODs) to expedite billing
a.) JIT Transport reduced billing time from 14 days to 2 days with automated documents
b.) boon’s agents directly collect and push documents to shipper portals, saving Bluegrass Supply Chain 15 hours per week by making billing faster and more efficient
4.) Efficiency gains: Automated compliance features like Hours of Service (HoS) submissions save hours every week
a.) Double Diamond Transport saves 90+ minutes daily on Hours of Service (HoS) compliance tasks
Customers can utilize boon to transform their businesses’ revenue and operations functions. And soon, boon’s platform will streamline finance and payroll to double margins, unlocking immediate and tangible value for these industry players who urgently need it. For the coming quarters, with new funding and a growing team, boon will continue to add a series of products to its expanding platform to bring the power of automation across compliance, driver workflows, and payroll, paving the way for transformational efficiency.
KEY QUOTES:
“These fleets are the connective tissue in our country, responsible for getting us every physical good and service we consume or use at home and work. The jobs are already incredibly hard, and overworked teams have to also manage an average of 15-20 tech tools in their daily jobs, for everything from order entry to optimizing fuel costs. With today’s advances in AI, we can offload that work to an agent powered by AI, saving significant time and money.”
“Our ultimate mission is nothing short of extraordinary: we aim to enable commercial fleets to become up to 100 times more efficient. We don’t simply intend to enhance transportation — our solution will fundamentally redefine the future of the industry. Together with our customers, we’re building a smarter, faster, and more sustainable tomorrow.”
– Deepti Yenireddy, founder and CEO of boon
“What’s required to deliver a strawberry is very different from what’s required to move people, and solving that kind of difficult problem is what gets the best engineers excited. The boon team is driven entirely by the heroes they serve: the customers on the roads, in the warehouses, bringing the food we eat from the farms and factories to our tables. It’s incredibly important work, and boon’s smart solution will make a tangible difference in each person’s daily life – and on customers’ bottom lines. We are honored to support them on their mission to transform supply chain and logistics.”
– Gokul Rajaram, Partner at Marathon
“boon harnesses the latest AI innovation to create a single, simple platform for its customers in the commercial fleet industry. The opportunity is enormous as supply chain and logistics is one of the largest industries globally, and the potential impact is even bigger. First-generation point solution software tools have added a heavy administrative load to these customers and through cutting-edge technology and a deep understanding of the space, Deepti and team are making it easy to offload that work to their agent. We are incredibly proud to be part of a company adding critical dollars back to companies’ pockets and efficiency back to their employees.”
– Urvashi Barooah, Partner at Redpoint Ventures
