About Boomerang
Boomerang is a company based in Los Angeles (United States) founded in 2021 by Augustine Diep Tran and Philip Inghelbrecht.. Boomerang has raised $7.7 million across 3 funding rounds from investors including Gold House, LightShed Ventures and GGV Capital. Boomerang operates in a competitive market with competitors including Calendly, Chili Piper, QLess, Howbout and TimeTrade, among others.
- Headquarter Los Angeles, United States
- Founders Augustine Diep Tran, Philip Inghelbrecht
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.7 M (USD)
in 3 rounds
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Latest Funding Round
$4.9 M (USD), Seed
Jan 25, 2024
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Investors
Gold House
& 24 more
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Employee Count
Employee Count
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Funding Insights of Boomerang
Boomerang has successfully raised a total of $7.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4.9 million completed in January 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 — $4.9M
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First Round
First Round
(12 May 2022)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Boomerang | Valuation | LightShed Ventures | |
| Jun, 2023 | Amount | Seed - Boomerang | Valuation |
investors |
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| May, 2022 | Amount | Seed - Boomerang | Valuation | 305 Ventures , Flamingo Capital Partners |
| 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 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gold House, LightShed Ventures and GGV Capital. 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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LightShed Ventures is engaged in venture capital investments.
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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 | |
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Harlo Capital is engaged in private equity investments in real estate.
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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 |
|---|---|---|---|---|---|
| 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 Calendly, Chili Piper, QLess, Howbout and TimeTrade, 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 |
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| domain | founded_year | HQ Location |
Meetings are scheduled via a cloud-based collaboration platform.
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| domain | founded_year | HQ Location |
Lead routing and calendar scheduling for sales teams are facilitated.
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| domain | founded_year | HQ Location |
Mobile queuing, CRM, and analytics solutions are delivered via platform.
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| domain | founded_year | HQ Location |
Developer of an app for planning and organizing events with friends and family
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| domain | founded_year | HQ Location |
Online appointment scheduling is facilitated for enterprises and small businesses.
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| domain | founded_year | HQ Location |
Cloud-based platform for meeting automation and scheduling is provided.
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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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Frequently Asked Questions about Boomerang
When was Boomerang founded?
Boomerang was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Boomerang located?
Boomerang is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Boomerang a funded company?
Boomerang is a funded company, having raised a total of $7.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on May 12, 2022.
What does Boomerang do?
Detailed insights into Boomerangs operations, sectors, or solutions are not available from the provided content. The website lacks specific data regarding the companys focus, industry involvement, or offerings.
Who are the top competitors of Boomerang?
Who are Boomerang's investors?
Boomerang has 25 investors. Key investors include Gold House, LightShed Ventures, GGV Capital, Harlo Capital, and Dream Ventures.