Redpoint Ventures
Assembly Line
boon Secures $20.5M in Funding and Launches AI Workflow Platform to Double Efficiency and Profitability for Commercial Fleets
Supply chain and logistics are the backbone of our economy but remain one of the most overlooked areas for technological innovation. These operations run on razor-thin margins, are inundated with legacy technology that lacks connectivity, and meanwhile are responsible for the movement of every physical product in our lives. boon AI (boon), the AI-powered workflow platform for commercial fleets, is launching to transform supply chain and logistics by delivering a single system to automate repetitive manual tasks. boon already works with dozens of companies, deploying its AI agent to take on tasks for customers after mimicking manual workflows for just a few days. Its Series A round, led by Marathon and Redpoint Ventures, will accelerate the benefits it brings to customers, ranging from food delivery to powering the teams that ensure holiday gifts arrive on time.
Developed 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. New funding will enable boon to grow its engineering and go-to-market (GTM) teams over the next 18 months. The company is seeking developers who are passionate about solving hard problems, including building complex agentic workflows in the physical world; helping customers retain an aging workforce; and applying solutions across verticals from transportation and warehousing to field services, food and beverage, construction, and beyond.
Trunk Tools Raises $20M Series A Led By Redpoint Ventures to Expand Suite of AI Agents for Construction
Trunk Tools, a groundbreaking AI platform disrupting the $13 trillion construction industry, announces a $20 million Series A. The new capital was led by Redpoint Ventures with participation from Innovation Endeavors, who led the Seed round, bringing the total capital raised to-date to $30M.
Trunk Tools leverages the latest in AI technology to build the “brain” behind construction. By structuring millions of pieces of unstructured project data and deploying AI agents that augment construction professionals in their administrative workflows, Trunk Tools ensures critical information is available to the right people at the right time, automating the tedious and repetitive tasks that have historically weighed on industry productivity and profitability. With Trunk Tools, construction professionals not only save time but avoid construction delays and rework that can cost tens of millions - or more - per project.