Boon Logic, Inc.

Minneapolis, MN · Founded 2014 · CIK 0001751926 · Medtech

AI-based automated visual inspection system for pharmaceutical quality control

boonlogic.com →
Grants
—
No SBIR or STTR on record
Sector median: 1
Raised
$3.9M
3 Form D · Feb 2022
56 months since last filing
Contracts
—
No federal contracts on record
Patents
4
0 granted · 4 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$1,000,000
Private capital raisedForm D · SEC$2,650,000
Private capital raisedForm D · SEC$200,000
Form D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1208NVE CORPORATION——
1209Merit Financial Solutions, Inc.—$550K
1210SOMALOGIC, INC—$357M
1211Boon Logic, Inc.—$3.9M
1212Huxley Medical, Inc.—$34M
1213MESA PHOTONICS LLC——
1214RTC ELECTRONICS, INC.——

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 11 related persons
  • Alan AndreiniDirector
  • Paul DenmanDirector · Executive Officer
  • Michael DonahueDirector · Executive Officer
  • Grant GorisDirector · Executive Officer
  • Tom GorisDirector · Executive Officer
  • Mike HaiderDirector
  • Kenneth LockardDirector
  • John O'ConnorDirector
  • Yves SisteronDirector
  • Brian TurnquistDirector · Executive Officer
  • Larry WerthDirector · Executive Officer · Promoter

Patents

USPTO · 0 granted of 4
  • Method For Network Traffic Analysisapplication
  • Product Inspection System And Methodapplication
  • Product Inspection System And Methodapplication
  • Method For Network Traffic Analysisapplication

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.