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 20 of 28 portfolio companiesDigital Health ×15Healthtech ×12Medical Devices ×7Wellness & Fitness ×5AI & Machine Learning ×4Hardware ×4Consumer ×2Mental Health ×2
HQs:United States×12Canada×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×42 founders×34+ founders×1
Investments · 28 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 32023 · 15 dated
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)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)
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-investorsBright VenturesClaritas CapitalTechstarsImpulsum VenturesSuncoast Ventures
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
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
Flyte is an FDA-cleared, at-home intravaginal device and companion app that uses mechanotherapy (mechanical oscillations combined with pelvic floor contractions) to treat stress urinary incontinence and strengthen the pelvic floor in women.
Digital HealthFemTechMedical Devices
Lydia Zeller(CEO)
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
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)inKelly Clark, MD(CMO / Advisor)inLindsey 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)
AI-driven platform for managing dementia and memory care for patients and caregivers.
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)Dave Peralta(Chief Financial Officer)Barry Herman(Executive Officer)Dr. Barry K. Herman(Chief Medical Officer)Angie Lillie(Chief Compliance Officer)Steve Goulet(VP of Technology and Product)
Co-investorsInvest MichiganMichigan Capital NetworkWakestream Ventures
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.
HealthtechEagan, US
Lydia Zeller(Executive Officer, Director)LEOTA PEARSON(Executive Officer)DALE WAHLSTROM(Executive Officer, Director)OLE OLSON(Director)GUNNAR LEIVSETH(Director)JOHN FERIENCEK(Director)
Co-investorsWisconsin Investment PartnersPier 70 Ventures
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)inPatrick Henshaw(Director)in
Co-investorsIU VenturesRender Capital
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
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)
Co-investorsRoyal Street Ventures Management Company, LlcAcumen AmericaFirst Trust Capital PartnersSorenson Impact Foundation
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
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
Portfolio news
latest coverage across their companiesFlyte · stocktitan.net · Apr 23, 2026
Sonara 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
- How many investments has Boomerang Ventures made?
- Boomerang Ventures has 26 tracked investments, including 2 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 3 of the 4 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 12 tracked co-investors.
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