About Boon
Boon is a company based in Culver City (United States) founded in 2014. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Boon has raised $280.3 thousand across 4 funding rounds from investors including 500 Global. Boon offers products and services including Boon Referral Platform, Employee Referrals, and External Referrals. Boon operates in a competitive market with competitors including Teamable, Firstbird, Erin, RippleHire and Cliquify, among others.
- Headquarter Culver City, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$280.3 K (USD)
in 4 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Boon
Boon offers a comprehensive portfolio of products and services, including Boon Referral Platform, Employee Referrals, and External Referrals. 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.
A platform for agile referral hiring solutions.
Tool for managing internal employee referral programs.
Service to source talent from external networks.
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Funding Insights of Boon
Boon has successfully raised a total of $280.3K across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(10 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2017 | Amount | Seed - Boon | Valuation | 500 Global |
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| Nov, 2015 | Amount | Seed - Boon | Valuation |
investors |
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| May, 2015 | 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 1 investor, including venture fund investors. Prominent investors backing the company include 500 Global. 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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Venture capital and acceleration are provided to tech startups.
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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 Teamable, Firstbird, Erin, RippleHire and Cliquify, 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 |
Candidates are matched to job openings via employee referral networks.
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| domain | founded_year | HQ Location |
Employee referrals are facilitated via an online platform for organizations.
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| domain | founded_year | HQ Location |
Employee referrals are enabled via a cloud-based AI platform.
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| domain | founded_year | HQ Location |
AI-powered cloud solutions for talent acquisition are provided.
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| domain | founded_year | HQ Location |
Employee referrals are managed through a specialized application.
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| domain | founded_year | HQ Location |
Provider of a diverse restaurant menu featuring local and international cuisine
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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 2014 and raised its 1st funding round 1 year after it was founded.
Where is Boon located?
Boon is headquartered in Culver City, United States. It is registered at Culver City, California, United States.
Is Boon a funded company?
Boon is a funded company, having raised a total of $280.3K across 4 funding rounds to date. The company's 1st funding round was a Seed of $50.3K, raised on Mar 10, 2015.
What does Boon do?
Boon is established as a leading referral hiring platform in HR technology. It is designed to enhance talent acquisition by leveraging AI, automation, and gamification to source candidates faster through employee and external networks. Solutions are provided for industries like healthcare, logistics, and education, with seamless integrations into existing HR tech stacks. Community-driven hiring is prioritized to improve diversity and reduce administrative workload for organizations globally.
Who are the top competitors of Boon?
Boon's top competitors include Erin, Teamable and RippleHire.
What products or services does Boon offer?
Boon offers Boon Referral Platform, Employee Referrals, and External Referrals.
Who are Boon's investors?
Boon has 1 investor. Key investors include 500 Global.
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