About Boomerang
Boomerang is a company based in San Francisco (United States) founded in 2020 by Shyam HN, Shankar Ganapathy, and Amit Dugar. It operates as a SaaS (Software-as-a-Service), and Managed Services. Boomerang has raised $5.75 million across 3 funding rounds from investors including Stellaris Venture Partners, Emergent Ventures and Better Capital. The company has 17 employees as of April 04, 2024. Boomerang offers products and services including Boomerang AI Solution and CRM Hygiene Service. Boomerang operates in a competitive market with competitors including Zeliq, Valuecase, Aptivio, Notch and DashLX, among others.
- Headquarter San Francisco, United States
- Employees 17 as on 04 Apr, 2024
- Founders Shyam HN, Shankar Ganapathy, Amit Dugar
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Buyerassist.Io India Private Limited
- Date of Incorporation 02 Dec, 2020
- Jurisdiction Pune City, Maharashtra, India
-
Annual Revenue
$1.08 M (USD)75.88as on Mar 31, 2023
-
Net Profit
$122.63 K (USD)70.93as on Mar 31, 2023
-
EBITDA
$251.72 K (USD)45.24as on Mar 31, 2023
-
Total Equity Funding
$5.75 M (USD)
in 3 rounds
-
Latest Funding Round
-
Investors
Stellaris Venture Partners
& 3 more
-
Employee Count
17
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Boomerang
Boomerang offers a comprehensive portfolio of products and services, including Boomerang AI Solution and CRM Hygiene Service. 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.
AI-driven tool for warm outbound sales strategies.
Managed service for cleaning and updating CRM data.
Unlock access to complete
Unlock access to complete
Funding Insights of Boomerang
Boomerang has successfully raised a total of $5.75M across 3 strategic funding rounds. 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 Last Round
-
First Round
First Round
(07 Apr 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Boomerang | Valuation | Surge |
|
| Apr, 2022 | Amount | Series A - Boomerang | Valuation |
investors |
|
| Apr, 2021 | Amount | Seed - Boomerang | Valuation | Stellaris Venture Partners , Emergent Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boomerang
Boomerang has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Stellaris Venture Partners, Emergent Ventures and Better 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 |
|---|---|---|---|---|
|
Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
|
Founded Year | Domain | Location | |
|
Seed-stage venture capital focused on enterprise AI, intelligent software, and cloud technologies.
|
Founded Year | Domain | Location | |
|
Early-stage companies are invested in by Better Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Boomerang
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Boomerang
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Zeliq, Valuecase, Aptivio, Notch and DashLX, 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 |
AI-based lead generation solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Buyer engagement platform for enterprises
|
|
| domain | founded_year | HQ Location |
AI powered platform offering Buyer engagement solutions
|
|
| domain | founded_year | HQ Location |
Insurance services for digital asset protection are provided.
|
|
| domain | founded_year | HQ Location |
Provider of real-world customer experience data and insights. It leverages wearable technology and other data sources to track customer behavior and product usage in real-time. This data is then used to provide actionable insights for brands, enabling them to personalize marketing messages, improve product development, and enhance customer engagement. The company offers solutions for various industries, focusing on building stronger customer relationships through data-driven strategies. It helps brands understand how customers interact with their products in real-world settings, beyond traditional online data. This allows for more effective product design, targeted marketing campaigns, and improved customer loyalty programs.
|
|
| domain | founded_year | HQ Location |
Cloud-based community engagement solutions for enterprises are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Boomerang
Frequently Asked Questions about Boomerang
When was Boomerang founded?
Boomerang was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Boomerang located?
Boomerang is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Boomerang?
Shyam HN 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 $5.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 07, 2021.
How many employees does Boomerang have?
As of Apr 04, 2024, the latest employee count at Boomerang is 17.
What is the annual revenue of Boomerang?
Annual revenue of Boomerang is $1.08M as on Mar 31, 2023.
What does Boomerang do?
Boomerang is engaged in providing AI-powered solutions for go-to-market teams to enhance sales pipeline productivity. The company operates in the technology sector, specializing in sales automation and CRM hygiene services. Solutions offered include champion tracking, buying group mapping, and targeted account selling, aimed at converting relationship signals into revenue opportunities. Services are tailored for sales, marketing, and RevOps teams to improve warm outbound strategies and data accuracy.
Who are the top competitors of Boomerang?
What products or services does Boomerang offer?
Boomerang offers Boomerang AI Solution and CRM Hygiene Service.
Who are Boomerang's investors?
Boomerang has 4 investors. Key investors include Stellaris Venture Partners, Emergent Ventures, Better Capital, and Surge.