Boon Business Solutions has filed a notice with the US Securities and Exchange Commission for an exempt offering to raise $10 million in new funding. The filing was made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. Federal securities law requires companies selling securities without registration under the Securities Act of 1933 to file such notices within 15 days after the first sale of securities in the offering. No additional details about the company's business operations or the intended use of funds were disclosed in the filing.

Aboon secures $17.5M in seed funding to redefine retirement plan management for advisors. Aboon, an artificial intelligence-powered third-party administrator built for financial advisors, has raised $17.5 million in seed funding led by Bain Capital Ventures, with participation from Altai Ventures, Runyon, Edward Jones Ventures, Outpost Ventures, and EJF Ventures. Founded in 2023 by CEO Nick Gavronsky and COO Amy Ouellette, Aboon's platform streamlines how advisors help business-owner clients design, launch, and manage 401(k) plans. By automating plan setup, pricing, participant onboarding, and compliance, the firm reduces what can be a months-long process to as little as a day, while integrating with record keepers such as Capital Group, Empower, and Manulife John Hancock. The company's growth comes as the U.S. enters "Peak 65," when a record number of Americans reach retirement age each year. With more small businesses seeking cost-effective retirement options, Aboon's advisor-focused model positions firms to meet rising demand efficiently and at scale.