About Boomerang Clean
Boomerang Clean is a company based in New York (United States) founded in 2015 was acquired by NextCleaners in August 2016.. Boomerang Clean has raised $756.5 thousand across 2 funding rounds from investors including NextCleaners. Boomerang Clean operates in a competitive market with competitors including Cleanly, FlyCleaners, Dryv, Clean Cube and Wash Cycle Laundry, among others.
- Headquarter New York, United States
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Boomerang Clean, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$756.5 K (USD)
in 2 rounds
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
NextCleaners
(Aug 23, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Boomerang Clean
Boomerang Clean has successfully raised a total of $756.5K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(27 May 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Seed - Boomerang Clean | Valuation |
investors |
|
| May, 2015 | Amount | Debt – Conventional - Boomerang Clean | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boomerang Clean
Boomerang Clean has secured backing from 1 investor. Prominent investors backing the company include NextCleaners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Delivers on-demand laundry services for convenient and efficient cleaning solutions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Boomerang Clean
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Boomerang Clean
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boomerang Clean Comparisons
Competitors of Boomerang Clean
Boomerang Clean operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cleanly, FlyCleaners, Dryv, Clean Cube and Wash Cycle Laundry, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand laundry pickup and delivery is facilitated via mobile app.
|
|
| domain | founded_year | HQ Location |
On-demand laundry pickup and delivery is offered via mobile app.
|
|
| domain | founded_year | HQ Location |
On-demand Drycleaning and Laundry Service
|
|
| domain | founded_year | HQ Location |
Digital concierge for doorman services
|
|
| domain | founded_year | HQ Location |
Sustainable Laundry Service
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Boomerang Clean
When was Boomerang Clean founded?
Boomerang Clean was founded in 2015.
Where is Boomerang Clean located?
Boomerang Clean is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Boomerang Clean a funded company?
Boomerang Clean is a funded company, having raised a total of $756.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $756.5K, raised on May 27, 2015.
What does Boomerang Clean do?
Boomerang Clean was founded in 2015 in New York, United States, as an on-demand laundry service provider in the consumer services sector. Operations are conducted through an iOS app, where users schedule pick-up and delivery times. Wash and fold services are charged at 1.25 per pound, with partnerships established with local laundromats. The company was acquired by NextCleaners in 2016.
Who are the top competitors of Boomerang Clean?
Boomerang Clean's top competitors include Cleanly, FlyCleaners and Clean Cube.
Who are Boomerang Clean's investors?
Boomerang Clean has 1 investor. Key investors include NextCleaners.