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Aboon

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AI-powered digital TPA platform for 401(k) plans

New York City, United StatesFounded 2023Fintech
Valuation $0–100M Latest valuation · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Aboon and the history behind them.

About Aboon

Aboon is a financial technology company that operates a digital third-party administration (TPA) platform for 401(k) plans. Founded in 2023 by CEO Nick Gavronsky and Amy Ouellette, the New York-based firm aims to simplify how financial advisors design, launch, and manage retirement plans for business owners. Gavronsky, a serial entrepreneur, co-founded Trade Coffee and Welcome and has a background in leading data and AI product teams. The founders created Aboon after observing the difficulties and manual processes that prevented advisors from efficiently offering retirement plans, particularly for small- to medium-sized businesses.

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The company's platform utilizes AI-powered automation, intuitive digital workflows, and real-time human expertise to streamline plan administration. Key features include instant plan design, automated onboarding, comprehensive quotes, and year-round compliance management. This technology enables financial advisors to generate proposals in minutes and establish new plans in a few days, a significant reduction from the weeks or months required by traditional methods. Aboon's business model is centered on empowering the existing network of financial advisors who serve business owners, acting as a modern operating system for them to bring retirement solutions to market.

In October 2025, Aboon announced it had secured $17.5 million in seed funding in a round led by Bain Capital Ventures, with participation from other investors including Altai Ventures, Runyon, and Edward Jones Ventures. This capital is intended to enhance the platform's automation capabilities, expand its product offerings, and deepen integrations with advisory firms. Aboon has established partnerships with major advisory firms like Edward Jones and integrates with leading recordkeepers such as Capital Group, Empower, and Manulife John Hancock.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
New York City, United States
Employees
36
Open positions
None listed
Dealroom signal
74.3/100
Industry
Fintech
Sector
Fintech, Pension and Savings, Employee Benefits, Financial Advisor Tools
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Aboon.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Oct 2025 $18M $70M Altai Ventures · Runyon · Outpost Ventures · EJF Capital
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Aboon website traffic

Latest recorded traffic for Aboon is 22K monthly website visits, up 1471.4% over the last three months. Aboon's team grew 33.3% over the past year.

Latest monthly visits22K 3-month web change+1471.4% 1-year team growth+33.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

Other known investors1 additional known investor

  • EJF Ventures
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Aboon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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