Boon Logic Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
19
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
3
Boon Logic General Information
Description
Developer of a machine learning technology software based on novel, single-source algorithms designed to enable new applications. The company's platform provides real-time clustering and anomaly detection for patterns, enabling clients with early insights and alerts to increase product quality, decrease unplanned downtime, and improve operational efficiency.
Contact Information
Website
www.boonlogic.comCorporate Office
- 708 North First Street
- Suite 133
- Minneapolis, MN 55401
- United States
Corporate Office
- 708 North First Street
- Suite 133
- Minneapolis, MN 55401
- United States
Boon Logic Timeline
Boon Logic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Accelerator/Incubator | 05-Mar-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 01-Mar-2024 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 04-Mar-2021 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 30-Aug-2018 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Boon Logic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series B-1 | ||||||||
| Series A | 3,271,837 | $0.000100 | $2.31 | $2.31 | 1x | $2.31 | 14.17% |
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Boon Logic Patents
Boon Logic Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12719894-B2 | Method for network traffic analysis | Active | 23-Dec-2019 | ||
| US-20230344846-A1 | Method for network traffic analysis | Active | 23-Dec-2019 | ||
| WO-2021133791-A1 | Method for network traffic analysis | Inactive | 23-Dec-2019 | ||
| EP-4081978-A1 | Product inspection system and method | Pending | 23-Dec-2019 | ||
| US-12770240-B2 | Product inspection system and method | Active | 23-Dec-2019 | G06T7/0004 |
Boon Logic Signals
Boon Logic Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Khasm Labs | Accelerator/Incubator | |||
| Golden Triangle Fund | Angel Group | Minority | ||
| Draper University | Venture Capital | Minority |
Boon Logic FAQs
-
When was Boon Logic founded?
Boon Logic was founded in 2018.
-
Where is Boon Logic headquartered?
Boon Logic is headquartered in Minneapolis, MN.
-
What is the size of Boon Logic?
Boon Logic has 19 total employees.
-
What industry is Boon Logic in?
Boon Logic’s primary industry is Business/Productivity Software.
-
Is Boon Logic a private or public company?
Boon Logic is a Private company.
-
What is Boon Logic’s current revenue?
The current revenue for Boon Logic is .
-
How much funding has Boon Logic raised over time?
Boon Logic has raised $11M.
-
Who are Boon Logic’s investors?
Khasm Labs, Golden Triangle Fund, and Draper University have invested in Boon Logic.
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