Boon

Boon operates in the recruitment technology market, offering a referral hiring platform designed to reduce hiring costs by 85%, increase diversity, and double employee retention. The platform leverages a network of over 1,000,000 people to facilitate referrals, making it a cost-effective alternative to traditional recruiting strategies. Boon's clients primarily include companies looking to optimize their recruitment processes and improve their talent acquisition strategies. The business model is likely subscription-based, where companies pay for access to the platform and its features. Revenue is generated through these subscriptions and possibly through additional services such as advanced analytics and custom integrations. Boon's platform is known for its user-friendly interface, gamification elements like leaderboards and dynamic rewards, and its ability to integrate with Applicant Tracking Systems (ATS) for seamless data synchronization. The platform also offers deep insights into recruitment performance and return on investment (ROI) through advanced analytics. By proactively identifying and engaging the best-fit candidates using semantic matching algorithms, Boon helps companies build a thriving referral program without the expensive overhead and maintenance costs associated with traditional recruiting methods.

Keywords: referral hiring, recruitment technology, cost-effective, diversity, retention, gamification, ATS integration, semantic matching, ROI analytics, proactive engagement.