🦊/Investors

Boomerang Ventures

Venture capital

Indianapolis · Pre-Seed–Series A · 6 people tracked

Find your way into Boomerang Ventures

670 people in our graph share verified history with the Boomerang Ventures team — schools, employers, funds. One of them is your warm intro.

Eric Lefkofskyunlockedknows Eric Beier · together at University of Michigan (overlapped)
×2knows the team · via University of Michigan
knows the team · via Boardable
×2knows the team · via Celonis
×2knows the team · via Roche Diagnostics
knows the team · via The Speak Easy
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Investment thesis

Boomerang Ventures focuses on transforming the future of healthcare by helping portfolio companies build ideas into commercial successes. It works alongside strategic partners whose expertise supports sound, right-first-time decisions for its client companies, offering access to professional services, unique networks, and resources through a combined studio and fund model.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
Check
$250K – $1.5M
HQ
Indianapolis, Indiana, US
Instruments
Equity
Founded
2019
Last 12 months
5 investments
AUM
$30M
Tracked investments
28

Team · 6 people

from the firm's website & curated & public directories

What they invest in

from 21 of 28 portfolio companies

Digital Health ×16Healthtech ×16Medical Devices ×8AI & Machine Learning ×6Wellness & Fitness ×5Hardware ×4Mental Health ×3Consumer ×2

HQs:United States×16Canada×1

Who they back

founder profiles across 8 portfolio companies
50%
solo founders
4 of 8 mapped founding teams

Founding team size:solo founder×42 founders×34+ founders×1

Investments · 28 tracked

founders shown can be your intro path

By year:2026 · 22025 · 32024 · 32023 · 210 dated

Flytetherapyflytetherapy.com✓ verified

Pelvital is a medical device company that develops FDA-cleared in-home treatments for stress urinary incontinence and pelvic floor muscle weakness in women, using a proprietary mechanotherapy technology.

Digital HealthFemTechHealthtechMedical DevicesEagan, US

Dale Wahlstrom(Co-founder and founding CEO (retired from CEO role, serving as Executive Chair))Lydia Zeller(CEO)

Co-investorsPier 70 VenturesWisconsin Investment Partners

KinetiTeckinetitec.comin✓ verified

KinetiTec develops an in-bed exercise system for hospitalized patients to maintain mobility and muscle strength during their hospital stay.

AI & Machine LearningDigital HealthHardwareHealthtechIoTMedical DevicesMichigan, US

Dr. Neil Jairath(Co-Founder & CMO)Brian Sabino(Co-Founder & CTO)

Sinusaunasinusauna.com✓ verified

SinuSauna is a wearable mask device that delivers heated dry air therapy to the nasal passages for congestion relief and germ reduction.

ConsumerHardwareHealthtechMedical DevicesWellness & FitnessIndianapolis, US

Nancy Wright(CEO & Co-Founder)Matthew Zielenski(Co-Founder & Resident Physician)Jack Townsend(Co-Founder & Resident Physician)Rob Till(Co-Founder, Mechanical Engineer)Rueben Zielenski(Co-Founder, Electrical & Mechanical Engineer)

SynchNeurosynchneuro.comNov 2025✓ verified

SynchNeuro develops a non-invasive, behind-the-ear wearable sensor that analyzes brain signals (EEG) to continuously monitor glucose levels, sleep quality, and other metabolic metrics.

AI & Machine LearningDigital HealthMedical Devices

Casey Halpern(Founder & Chairman)Emily Mirro(Co-Founder & President)inHeonsoo Lee(Chief Scientist)in

Wickedsmartpadwickedsmartpad.com✓ verified

Wicked Technologies makes the Wicked Smart Pad, a washable, reusable sensorized bed pad that detects moisture and sends real-time alerts to caregivers, along with a dashboard providing care insights.

Digital HealthIoTMedical DevicesLouisville, US

Alli Truttmann(Founder & CEO)

ADHD Onlineadhdonline.comin𝕏Jul 2023 · $12M

ADHD Online provides virtual ADHD assessment, diagnosis, and treatment for adults, offering clinically validated diagnostic evaluations reviewed by licensed clinical psychologists and follow-up telehealth appointments with board-certified clinicians for prescriptions and treatment plans.

Digital HealthHealthtechMental HealthGrand Rapids, US

Randall Duthler(Executive Officer, Director)Christopher Barber(Executive Officer)Zachariah Booker(Executive Officer, Director)

BoardDale Grogan(Director)in

Co-investorsMichigan RiseMichigan Capital NetworkWakestream Ventures

Aware Healthawarehealth.ioin𝕏Oct 2024 · $3M

Aware Health offers an app-based musculoskeletal (MSK) care program that uses an AI engine to analyze claims and symptoms, identify at-risk members, and match them with licensed physical therapists for personalized recovery plans delivered via telehealth, coaching, and guided exercises.

AI & Machine LearningDigital HealthHealthtechHR TechWellness & FitnessDover, US

Co-investorsAtlanticBright VenturesClaritas CapitalTechstarsImpulsum VenturesSuncoast Ventures

EarSmartAIearsmartai.comin

EarSmartAI is a medical software company that offers a system combining a mobile app, a connected otoscope, and AI algorithms to diagnose ear infections in young children.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Flyteflyteai.comin𝕏Apr 2024 · $2.3M

Flyte provides sales leaders with a unified platform for sales coaching, buyer sentiment analysis, competitive intelligence, and deal insights to monitor frontline team performance and achieve revenue goals.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechToronto, CA

Shilpa Sharma(Founder)inChhavi Singh(Founder)in

Co-investorsTechstarsPier 70 Ventures

GeoHgeoh.appin

GEOH provides software for home care agencies to manage Electronic Visit Verification (EVV), billing, scheduling, and caregiver management.

HealthtechSaaSIndianapolis, US

Thomas Bumgardner(President and Chief Executive Officer)

Co-investorsCouncilElevate VenturesFirst Leaf CapitalBoomerang VC

HabitHalohabithalo.comin

HabitHalo makes apps and connected devices, including the RipLok vape case and companion app, to help vapers track and manage their habits through awareness and self-directed tracking.

Digital HealthHardwareWellness & FitnessIndianapolis, US

Phil Tran(Founder and CEO)inDeborah Hill(Fractional COO / Investor)inKelly Clark, MD(CMO / Advisor)inLindsey Berlin(Chief Marketing Officer)

Hilizzyhilizzy.com𝕏

Lizzy Care provides dementia care combining human support with digital tools to help individuals and families through the stages of the dementia journey.

Digital HealthHealthtechWellness & Fitness

IMPOWER HEALTHgoimpower.cominFeb 2026

IMPOWER HEALTH develops patented gait-analysis software (Gait Index and Gait Tracker) that turns standard and new treadmills into real-time gait labs, capturing movement metrics like speed, stride length, and cadence without wearables or cameras.

Digital HealthHealthtechSports Tech

Doug Miller(Founder & CPO)in

Mentavimentavi.comin𝕏May 2023

Mentavi Health provides clinician-reviewed online diagnostic evaluations that screen for up to 29 mental health conditions, including ADHD, anxiety, depression, and OCD, with results reviewed by licensed doctorate-level psychologists.

Digital HealthHealthtechMental HealthGrand Rapids, US

Keith Brophy(Chief Executive Officer)inDave Peralta(Chief Financial Officer)inDr. Barry K. Herman(Chief Medical Officer)Angie Lillie(Chief Compliance Officer)inSteve Goulet(VP of Technology and Product)inRandall Duthler(Director)

Co-investorsInvest MichiganMichigan Capital NetworkWakestream Ventures

Mirawellhealthmirawellhealth.com

Mirawell develops a chest-worn biofeedback device paired with VR-based immersive exercises and AI guidance that measure breathing, heart rate variability, and stress signals to help people reduce pain and anxiety in real time.

Precisioncare Aiprecisioncare-ai.com

PrecisionCare AI develops sensing technology and analytics for physical therapy to provide objective measurement of soft tissue treatment.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Primary Recordprimaryrecord.comin𝕏

Primary Record is a health information management platform that aggregates patient data from multiple portals and sources into a centralized location for families to organize, share, and access medical records.

Digital HealthHealthtechIndianapolis, US

Jean Ross(Founder)inJim McIntosh(Founder)inChris Ross(Executive Officer)

BoardEric Beier(Director)inPatrick Henshaw(Director)in

Co-investorsIU VenturesRender Capital

Respiratoryhealthtechnologiesrespiratoryhealthtechnologies.com

SinuSauna is a consumer respiratory wellness device that delivers heated dry air therapy through a face mask to relieve and help prevent nasal congestion from colds and seasonal allergies.

ConsumerHardwareWellness & Fitness

Co-investorsElevate Ventures

Sitelabsglobalsitelabsglobal.comNov 2025 · $2M

SiteLabs works with independent pharmacies in the U.S. to offer preventive health screenings, close gaps in care, and recruit patients for clinical trials, using pharmacies as neighborhood screening and recruitment hubs.

BiotechDigital HealthHealthtechSeneca, US

Darren Schaupp(Executive Officer, Director)inEric Beier(Director)in

BoardJames Bauler(Director)Stephen Fischbach(Director)Warren Dodge(Director)

Sonara Healthsonarahealth.comin𝕏Sep 2025

Sonara provides a hybrid care model for opioid treatment programs that combines at-home medication management with remote monitoring and clinical oversight.

Digital HealthHealthtechMedical DevicesDallas, US

Michael Giles(Chief Executive Officer)inJUSTIN GELLER(Executive Officer)in

BoardRACHEL KERN(Director)inDANIEL R. KARLIN(Director)

Co-investorsRoyal Street Ventures Management Company, LlcAcumen AmericaFirst Trust Capital PartnersSorenson Impact Foundation

WithYou Therapeuticswithyoutherapeutics.comJan 2026

WithYou Therapeutics provides cancer survivors with digital mental health support based on Acceptance and Commitment Therapy (ACT), offering therapy sessions, mood-tracking tools, peer community, and coordination with oncology care teams.

Digital HealthHealthtechMental Health

Xploroxploro.health

Xploro is a pediatric digital health company whose platform uses AR, games and an AI avatar to prepare children for hospital treatment.

Co-investorsGC AngelsJumpstart VenturesUCeed Funds

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Lizzy CareMirawellPelvitalPelvital USAPrecision Care Technologies, Inc.Wicked Technologies

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
3 Boomerang Capital ILPs: Los Angeles City Employees' Retirement System202347.2%1.20x0.00x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Boomerang Ventures made?
Boomerang Ventures has 28 tracked investments, including 6 dated in the last 24 months.
What stage does Boomerang Ventures invest at?
Boomerang Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Boomerang Ventures's typical check size?
Boomerang Ventures typically writes checks of $250K – $1.5M.
What sectors does Boomerang Ventures focus on?
Boomerang Ventures focuses on Digital Health, Enterprise Software, Healthtech, Medical Devices.
Where is Boomerang Ventures located?
Boomerang Ventures is headquartered in Indianapolis, US.
Does Boomerang Ventures lead rounds?
Boomerang Ventures has led 6 of the 10 rounds where its role is on record.
Who does Boomerang Ventures co-invest with?
Boomerang Ventures most often shares deals with Elevate Ventures, Bright Ventures, Render Capital, among 15 tracked co-investors.

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