Boon Logic

About Boon Logic

Boon Logic, a Minneapolis-based company founded in 2014, operates at the forefront of machine learning, specializing in high-speed, unsupervised learning for pattern recognition and anomaly detection. The company was established by a team that includes CEO Grant Goris, Co-founder and Executive Chairman Thomas Goris, and CTO Brian Turnquist, who holds a Ph.D. in Mathematics and has over 25 years of experience in AI/ML. This leadership combines financial and sales acumen with deep technical and SaaS executive experience to drive the company's strategy.

The firm's core business revolves around its proprietary Boon Nano algorithm, a memory-driven technology that enables exceptionally fast and efficient machine learning. This technology is the engine behind their flagship product, the Amber™ platform. Amber is designed for real-time predictive maintenance and condition monitoring, autonomously learning the normal operational behavior of industrial assets like pumps, motors, and manufacturing equipment. By training on normal data streams, it can detect anomalies with high precision, often providing advanced warning of potential failures. This unsupervised approach eliminates the need for labeled data and extensive involvement from data scientists, allowing subject matter experts to deploy the system.

Boon Logic's business model is B2B, targeting enterprise clients in sectors such as manufacturing, pharmaceuticals, and industrial services. Notable customers include Bristol-Myers Squibb and GLDD Corporation. The company makes money by providing its Amber platform, which can be deployed in the cloud, on-premise, or at the network edge on devices like microcontrollers. A key differentiator is the technology's ability to run on standard single-core CPUs, delivering performance up to 1,000 times faster than traditional methods without requiring specialized hardware like GPUs. The platform also utilizes Intel SGX secure enclaves to protect sensitive client data and models, making it suitable for high-security environments.

The company has progressed through several funding rounds, including a seed round in 2020 and a Series A in 2021, raising a total of $6 million. Subsequent funding activities occurred into 2024, positioning the company for further commercialization of its services. Boon Logic's solution integrates with other platforms, such as Cumulocity, and is supported by a partner program that includes hardware vendors, system integrators, and OEMs.