About Boomerang Funding
Boomerang Funding is a company based in Bromsgrove (United Kingdom) founded in 2013 was acquired by Brookson in July 2016.. Boomerang Funding operates in a competitive market with competitors including Moniepoint, Newable, Close Brothers, Greensill and Togethermoney, among others.
- Headquarter Bromsgrove, United Kingdom
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Funding Insights of Boomerang Funding
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $6.2M
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First Round
First Round
(24 Jul 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Debt – Conventional - Boomerang Funding | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boomerang Funding
Boomerang Funding has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Brookson, RBS Invoice Finance and NatWest Group. 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 |
|---|---|---|---|---|
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Provides business banking, loans, invoice finance, and digital services for enterprises.
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Founded Year | Domain | Location | |
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NatWest Group is recognized as a UK-focused banking institution.
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Founded Year | Domain | Location | |
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Online contract accounting services for SMBs and freelancers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boomerang Funding
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boomerang Funding
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boomerang Funding Comparisons
Competitors of Boomerang Funding
Boomerang Funding 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 Moniepoint, Newable, Close Brothers, Greensill and Togethermoney, 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 |
Integrated financial services are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Business loans are provided to UK enterprises by Newable.
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| domain | founded_year | HQ Location |
Diversified financial services are provided across multiple sectors.
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| domain | founded_year | HQ Location |
Working capital loans are provided through financial market mechanisms.
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| domain | founded_year | HQ Location |
Provider of consumer and SME loans
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| domain | founded_year | HQ Location |
Working capital loans are provided to small and medium-sized enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Boomerang Funding
When was Boomerang Funding founded?
Boomerang Funding was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Boomerang Funding located?
Boomerang Funding is headquartered in Bromsgrove, United Kingdom. It is registered at Bromsgrove, Worcestershire, United Kingdom.
What does Boomerang Funding do?
Boomerang Funding was established in 2013 in Bromsgrove, United Kingdom, as a provider of business loans. Financial services are extended to companies requiring capital for operations and growth. The firm operates within the UK financing sector, with activities centered on loan facilitation. Oversight is handled by Managing Director Joe Paget, and the online presence is maintained via boomerangfunding.co.uk. Focus remains on straightforward lending solutions for businesses.
Who are the top competitors of Boomerang Funding?
Boomerang Funding's top competitors include Togethermoney, Moniepoint and Close Brothers.
Who are Boomerang Funding's investors?
Boomerang Funding has 3 investors. Key investors include Brookson, RBS Invoice Finance, and NatWest Group.