About Boomerang
Boomerang is a company based in Hamburg (Germany) founded in 2022 by Katharina Kreutzer, Christian Putz, and Marc Engelmann. It operates as a Product-as-a-Service, and Circular Economy. Boomerang has raised $3.31 million across 3 funding rounds from investors including Mark Miller, Alf Arnold and Beate Rosenthal. Boomerang offers products and services including Boomerang Reusable Packaging and IT Integration System. Boomerang operates in a competitive market with competitors including Hipli, RePack, Returnity, hey circle and LimeLoop, among others.
- Headquarter Hamburg, Germany
- Founders Katharina Kreutzer, Christian Putz, Marc Engelmann
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Sectors
Industrial Goods & Manufacturing
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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 Systems Ug
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.31 M (USD)
in 3 rounds
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Latest Funding Round
$2.11 M (USD), Seed
Aug 22, 2024
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Investors
& 2 more
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Employee Count
Employee Count
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Products & Services of Boomerang
Boomerang offers a comprehensive portfolio of products and services, including Boomerang Reusable Packaging and IT Integration System. 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.
Reusable packaging is offered for sustainable online shipping.
IT system is provided for seamless logistics integration.
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Funding Insights of Boomerang
Boomerang has successfully raised a total of $3.31M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.11 million completed in August 2024. 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 3
- Last Round Seed — $2.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2024 | Amount | Seed - Boomerang | Valuation |
investors |
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| Aug, 2023 | Amount | Seed - Boomerang | Valuation |
investors |
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| Jul, 2022 | Amount | Seed - Boomerang | 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
Boomerang has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Mark Miller, Alf Arnold and Beate Rosenthal. 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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MM
Mark Miller |
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Founded Year | Domain | Location |
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AA
Alf Arnold |
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Founded Year | Domain | Location |
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BR
Beate Rosenthal |
Angel investor focusing on early-stage Indian startups, based in Mumbai.
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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
| 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
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Comparisons
Competitors of Boomerang
Boomerang 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 Hipli, RePack, Returnity, hey circle and LimeLoop, 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 |
Platform offering reusable packaging products for businesses
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging for ecommerce is manufactured via contract services.
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| domain | founded_year | HQ Location |
Reusable packaging and software for e-commerce shipping are provided.
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| domain | founded_year | HQ Location |
Trackable reusable shippers are offered for e-commerce deliveries.
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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
Frequently Asked Questions about Boomerang
When was Boomerang founded?
Boomerang was founded in 2022.
Where is Boomerang located?
Boomerang is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of Boomerang?
Marc Engelmann is the current CEO of Boomerang. They have also founded this company.
Is Boomerang a funded company?
Boomerang is a funded company, having raised a total of $3.31M across 3 funding rounds to date.
What does Boomerang do?
Sustainable shipping solutions are developed by Boomerang Systems UG, focusing on reusable packaging for online retail. The company operates in the environmental and e-commerce sectors, offering cost-efficient alternatives to single-use packaging. Integration into existing logistics systems is facilitated through tailored IT solutions. Emphasis is placed on reducing packaging waste, aligning with EU regulations for sustainability. Services are extended to online shops, end customers, and B2B intralogistics, promoting a circular economy model.
Who are the top competitors of Boomerang?
What products or services does Boomerang offer?
Boomerang offers Boomerang Reusable Packaging and IT Integration System.
Who are Boomerang's investors?
Boomerang has 3 investors. Key investors include Mark Miller, Alf Arnold, and Beate Rosenthal.