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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
Reusable packaging is offered for sustainable online shipping.
IT system is provided for seamless logistics integration.
People of Boomerang
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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.
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.
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Mark Miller |
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Alf Arnold |
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Beate Rosenthal |
Angel investor focusing on early-stage Indian startups, based in Mumbai.
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Investor details for Boomerang
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Investments & Acquisitions by Boomerang
Investment portfolio details for Boomerang
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Financial Statements - Boomerang
Detailed financials for Boomerang
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Boomerang Comparisons
Peer comparison for Boomerang
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- Named peers
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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.
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Platform offering reusable packaging products for businesses
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Reusable packaging solutions are provided for e-commerce operations.
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Reusable packaging for ecommerce is manufactured via contract services.
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Reusable packaging and software for e-commerce shipping are provided.
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Trackable reusable shippers are offered for e-commerce deliveries.
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Detailed competitors of Boomerang
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Latest news on Boomerang
Complete news archive for Boomerang
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Frequently Asked Questions about Boomerang
Boomerang was founded in 2022.
Boomerang is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Marc Engelmann is the current CEO of Boomerang. They have also founded this company.
Boomerang is a funded company, having raised a total of $3.31M across 3 funding rounds to date.
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.
Boomerang offers Boomerang Reusable Packaging and IT Integration System.
Boomerang has 3 investors. Key investors include Mark Miller, Alf Arnold, and Beate Rosenthal.