About Boon
Boon is a company based in Copenhagen (Denmark) founded in 2019 by Frederik Galskov and Peter Zigler. It operates as a SaaS (Software-as-a-Service). Boon has raised $5.1 million across 2 funding rounds from investors including Vorwerk Ventures, PreSeed Ventures and Danmarks Eksport- og Investeringsfond. The company has 13 employees as of December 31, 2023. Boon offers products and services including Boon Platform. Boon operates in a competitive market with competitors including YEAY, Rokfin, ClixTV, Qoohoo and VOYD, among others.
- Headquarter Copenhagen, Denmark
- Employees 13 as on 31 Dec, 2023
- Founders Frederik Galskov, Peter Zigler
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boon Aps
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Annual Revenue
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Net Profit
$-1.56 M (USD)-140as on Dec 31, 2023
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EBITDA
$-1.9 M (USD)-107as on Dec 31, 2023
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Total Equity Funding
$5.1 M (USD)
in 2 rounds
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Latest Funding Round
$4.8 M (USD), Seed
Sep 13, 2021
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Investors
Vorwerk Ventures
& 2 more
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Employee Count
13
as on Dec 31, 2023
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Products & Services of Boon
Boon offers a comprehensive portfolio of products and services, including Boon Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end solution is provided for online coaching services.
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Funding Insights of Boon
Boon has successfully raised a total of $5.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.8 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $4.8M
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First Round
First Round
(29 Aug 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Boon | Valuation | Vorwerk Ventures | |
| Aug, 2019 | Amount | Seed - Boon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boon
Boon has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Vorwerk Ventures, PreSeed Ventures and Danmarks Eksport- og Investeringsfond. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Vorwerk Ventures is engaged in venture capital funding for tech startups.
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Founded Year | Domain | Location | |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boon Comparisons
Competitors of Boon
Boon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YEAY, Rokfin, ClixTV, Qoohoo and VOYD, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online video-enabled marketplace
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| domain | founded_year | HQ Location |
Subscription-based monetization solutions are provided for media creators.
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| domain | founded_year | HQ Location |
Subscription-based streaming of videos from creators and celebrities is offered.
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| domain | founded_year | HQ Location |
Content-creating solutions are offered through an online platform for users.
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| domain | founded_year | HQ Location |
Platform for streaming videos that enables artists to monetize their work
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Boon
When was Boon founded?
Boon was founded in 2019.
Where is Boon located?
Boon is headquartered in Copenhagen, Denmark.
Is Boon a funded company?
Boon is a funded company, having raised a total of $5.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $297.28K, raised on Aug 29, 2019.
How many employees does Boon have?
As of Dec 31, 2023, the latest employee count at Boon is 13.
What does Boon do?
A comprehensive end-to-end solution is provided by Boon for online coaches. Services are tailored to support coaches in managing and growing their online presence. The platform is designed to cater to the needs of coaches with ambitious goals across various sectors. Flexible tools and features are included to enhance the coaching experience.
What products or services does Boon offer?
Boon offers Boon Platform.
Who are Boon's investors?
Boon has 3 investors. Key investors include Vorwerk Ventures, PreSeed Ventures, and Danmarks Eksport- og Investeringsfond.
What is Boon's valuation?
The valuation of Boon is $17.91M as of Sep 2021.