When was Boon founded?

Boon was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Boon located?

Boon is headquartered in San Mateo, United States.

Who is the current CEO of Boon?

Deepti Yenireddy of Boon. They have also founded 1 company.

How many employees does Boon have?

As of Jul 31, 2026, the latest employee count at Boon is 75.

Is Boon a funded company?

Boon is a funded company, having raised a total of $20.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 25, 2023.

When was the latest funding round of Boon?

Boon's latest funding was a $***** Series A round on Oct 08, 2024, with participation from 2 investors.

Where does Boon rank among its competitors?

Boon ranks 2nd amongst 493 active competitors, of which 20 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was KonstructIQ, which secured $4.78M in Apr, 2026.

Who are the top competitors of Boon?

Boon's top competitors include Hover, Stack and Leap. Among them, KonstructIQ secured the most recent funding round in April, 2026.

Boon - 2026 Company Profile, Team, Funding & Competitors

Boon is a series A company based in San Mateo (United States), founded in 2023 by Deepti Yenireddy. It operates as a Developer of artificial intelligence agents for construction preconstruction document analysis. Boon has raised $20.5M in funding from Redpoint Ventures. The company has 493 active competitors, including 20 funded and 19 that have exited. Its top competitors include companies like Hover, Stack and Leap.

Company Details

Developer of artificial intelligence agents for construction preconstruction document analysis. These agents process construction drawings and specifications to generate material quantities for project bids. The technology integrates into existing workflows to support estimators during takeoff and bid management processes. It identifies conflicts within documentation and automates repetitive tasks to assist teams in producing accurate bid-ready data.

Key Metrics

Founded Year

2023

Location

San Mateo, United States

Stage

Series A

Total Funding

$20.5M in 2 rounds

Latest Funding Round

Series A, Oct 08, 2024, $*****

Investors

Redpoint Ventures & 3 more

Ranked

2^nd among 493 active competitors

Employee Count

75 as on Jul 31, 2026

Similar Companies

Hover & 794 more

View Boon's full profile

Boon has raised a total funding of $20.5M over 2 rounds. Its first funding round was on Jul 25, 2023. Its latest funding round was a Series A round on Oct 08, 2024 for $*****. 2 investors participated in its latest round. Boon has 4 institutional investors.

Here is the list of recent funding rounds of Boon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2024	8209839	Series A	5556649	4891841	5260849	3765406
Jul 25, 2023	5490365	Seed	3056646	1577873	2320725	3571067

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View details of Boon's funding rounds and investors

The founders of Boon is Deepti Yenireddy. Deepti Yenireddy is the CEO of Boon.

Here are the details of Boon's key team members:

Deepti Yenireddy: Founder & CEO (We are Hiring!) of Boon.

View details of Boon's Founder profiles and Board Members

Boon's employee count trend

Boon has 75 employees as of Jul 26. Here is Boon's employee count trend over the years:

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Top competitors of Boon include Hover, Stack and Leap. Here is the list of Top 10 competitors of Boon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hover 2011, San Francisco (United States), Series D	Platform providing 3D modeling, measurement, design, and estimating for construction	$142M	De Anda Capital, Almaz Capital & 23 others	72/100
2nd	Boon 2023, San Mateo (United States), Series A	Developer of artificial intelligence agents for construction preconstruction document analysis	$20.5M	Redpoint Ventures, Marathon Venture Capital ... & 2 others	57/100
3rd	Stack 2010, Cincinnati (United States), Series B	Provider of construction takeoff and estimating software	$29.3M	CincyTech, Level Equity	57/100
4th	Leap 2016, Columbia (United States), Acquired	Provider of SaaS-based digital contracting and estimation software for home improvement companies	-	-	51/100
5th	Buildxact 2011, Melbourne (Australia), Series A	Cloud-based estimation and job management software for construction professionals	$33M	Regal Funds Management, Thorney & 11 others	48/100
6th	1build 2003, San Francisco (United States), Series A	SaaS-driven takeoff and estimation software for construction professionals	$20.2M	Greycroft, Initialized Capital & 8 others	47/100
7th	Estimating Edge 1986, Boynton Beach (United States), Acquired	Provider of estimation and takeoff software for the construction industry	-	K-2 Ventures	45/100
8th	Monstock 2017, Reims (France), Seed	Provider of cloud-based inventory management solutions	$1.73M	SIDE Capital, Courtin Investment & 2 others	44/100
9th	Handoff 2019, San Antonio (United States), Seed	AI-powered cost estimating platform for the construction sector	-	Foundamental, Nemetschek Group	44/100
10th	KonstructIQ 2023, Los Altos (United States), Series A	Provider of accounting solutions for contractors and subcontractors	$8.28M	-	44/100