About Boomerang Medical
Boomerang Medical is a company based in Mountain View (United States) founded in 2021.. Boomerang Medical has raised $35 million across 2 funding rounds from investors including Arboretum Ventures and Hatteras Venture Partners. Boomerang Medical offers products and services including Neuromodulation Technology. Boomerang Medical operates in a competitive market with competitors including Axonics, SetPoint Medical, Averto Medical, Signum Surgical and Exero Medical, among others.
- Headquarter Mountain View, United States
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Boomerang Medical, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Sep 04, 2025
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Investors
Arboretum Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Boomerang Medical
Boomerang Medical offers a comprehensive portfolio of products and services, including Neuromodulation Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Technology for nerve stimulation to treat autoimmune diseases
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Funding Insights of Boomerang Medical
Boomerang Medical has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2025. 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 Series B — $20.0M
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First Round
First Round
(01 Nov 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - Boomerang Medical | Valuation | Arboretum Ventures , Hatteras Venture Partners |
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| Nov, 2022 | Amount | Series A - Boomerang Medical | Valuation | Arboretum Ventures , Hatteras Venture Partners |
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| 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 Medical
Boomerang Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Arboretum Ventures and Hatteras Venture Partners. 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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Healthcare venture capital investments are made by Arboretum Ventures.
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Founded Year | Domain | Location | |
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Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe
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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 Medical
| 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 Medical
| 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 Medical Comparisons
Competitors of Boomerang Medical
Boomerang Medical 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 Axonics, SetPoint Medical, Averto Medical, Signum Surgical and Exero Medical, 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 |
Sacral neuromodulation devices are developed for urinary and bowel control.
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| domain | founded_year | HQ Location |
Implantable neuromodulation devices are developed for inflammatory diseases.
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| domain | founded_year | HQ Location |
Medical devices for gastrointestinal disease patients are developed.
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| domain | founded_year | HQ Location |
Surgically implanted devices for perianal fistula treatment are provided.
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| domain | founded_year | HQ Location |
Develoepr of a sensor device for early detection of anastomotic leaks
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Boomerang Medical
Frequently Asked Questions about Boomerang Medical
When was Boomerang Medical founded?
Boomerang Medical was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Boomerang Medical located?
Boomerang Medical is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Boomerang Medical?
Heather Simonsen is the current CEO of Boomerang Medical.
Is Boomerang Medical a funded company?
Boomerang Medical is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Nov 01, 2022.
What does Boomerang Medical do?
Boomerang Medical was founded in 2021 and is headquartered in Mountain View, United States. The company operates in the bioelectronics sector, focusing on neuromodulation technologies. A device is offered that stimulates the parasympathetic nervous system to treat inflammatory bowel disease, an autoimmune condition. Operations center on research and development of such implantable or wearable solutions for broader autoimmune applications.
Who are the top competitors of Boomerang Medical?
Boomerang Medical's top competitors include Axonics, SetPoint Medical and Signum Surgical.
What products or services does Boomerang Medical offer?
Boomerang Medical offers Neuromodulation Technology.
Who are Boomerang Medical's investors?
Boomerang Medical has 2 investors. Key investors include Arboretum Ventures, and Hatteras Venture Partners.