Boomerang Ventures
Venture capitalIndianapolis · Pre-Seed–Series A · 5 people tracked
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.
Team · 5 people
from the firm's website & public directories
What they invest in
from 14 of 26 portfolio companiesDigital Health ×11Healthtech ×10Medical Devices ×5Wellness & Fitness ×4AI & Machine Learning ×2Hardware ×2Biotech ×1Consumer ×1
HQs:United States×11
Investments · 26 tracked
founders shown can be your intro pathSynchNeuro 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)Heonsoo Lee(Chief Scientist)
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)
HealthtechHR TechWellness & FitnessDover, US
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
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)Deborah Hill(Fractional COO / Investor)Kelly Clark, MD(CMO / Advisor)Lindsey Berlin(Chief Marketing Officer)
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)
Hospital-bed-mounted mobility care device with clinician dashboards to combat immobility harms.
AI-driven platform for managing dementia and memory care for patients and caregivers.
Owner of ADHD Online; provides mental health diagnosis and treatment via smart assessments.
Grand Rapids, US
Randall Duthler(Director)Keith Brophy(Executive Officer)Dave Peralta(Executive Officer)Zachariah Booker(Director)Kristine White(Director)Barry Herman(Executive Officer)
Digital therapeutic combining biofeedback and VR for drug-free pain and anxiety management.
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.
Women's health medtech maker of Flyte, an FDA-cleared treatment for female urinary incontinence.
Quantifiable Soft Tissue Manipulation (QSTM) technology measuring therapy metrics for clinicians.
PrecisionCare AI builds patented devices that measure force, pressure, angle, and distance during soft tissue therapy, using Quantitative Soft Tissue Manipulation (QSTM) to provide real-time, objective data for physical therapy and rehabilitation.
Digital HealthHealthtechMedical Devices
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)Jim McIntosh(Founder)Chris Ross(Executive Officer)
BoardEric Beier(Director)Patrick Henshaw(Director)
Studio-formed company developing hyperthermic respiratory therapy, starting with the SinuSauna.
SinuSauna is a consumer respiratory wellness device that uses heated dry air therapy, delivering warm air through a mask to help clear nasal passages and relieve congestion.
ConsumerHardwareWellness & Fitness
Turns independent pharmacies into hubs for preventive care and clinical research.
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 HealthHealthtech
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)JUSTIN GELLER(Executive Officer)
BoardRACHEL KERN(Director)DANIEL R. KARLIN(Director)
Maker of the reusable, sensorized Wicked Smart Pad incontinence solution for long-term care.
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
Patient education platform using AR and games to reduce anxiety for young patients.
Portfolio news
latest coverage across their companiesSonara Health · boomerang.vc · Sep 23, 2025
Fund performance · per public LP disclosures
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| 3 Boomerang Capital ILPs: Los Angeles City Employees' Retirement System | 2023 | — | 47.2% | 1.20x | 0.00x |
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
- 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.
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