Boomerang Ventures

Boomerang Ventures is a venture capital firm based in Indianapolis, Indiana, founded in 2019. The firm is dedicated to transforming innovative healthcare ideas into successful businesses, primarily within the tech-enabled medical devices, healthcare informatics, delivery systems, and life sciences sectors. Boomerang Ventures seeks to support early-stage companies in these fields by providing capital and expertise, with a focus on investments in the Midwest and select regions across the Southeast. The firm emphasizes building commercially viable solutions that address critical healthcare challenges, thereby contributing to advancements in the industry.

Audrey Beckman

Chief Innovation Officer and Partner

David Helmer

Partner

10 past transactions

Lizzy Care

Seed Round in 2025
Lizzy Care is a comprehensive dementia care solution including home care, clinical oversight, and tech-enabled communication.

Wicked Smart Pad

Series A in 2025
Wicked Smart Pad is a reusable, washable bed pad with a sensor that detects moisture and instantly notifies caregivers, decreasing the need for changing linens, reducing sleep disruptions, and speeding up reaction times. It provides more effective staffing, efficiency, and a safer atmosphere for employees and residents.

Aware Health

Seed Round in 2024
Aware Health operates a digital platform that provides same-day teleconsultation services for musculoskeletal care. The platform is designed to deliver research-based orthopedic treatments, including urgent care and tele-rehabilitation, tailored to the specific conditions of employees. By partnering with employers, Aware Health addresses issues related to muscle, nerve, and joint pain, aiming to facilitate a swift return to work for affected employees. This approach not only enhances the wellbeing of workers but also offers employers a cost-effective solution to maintain productivity within the workplace.

GeoH

Seed Round in 2024
GeoH is a company based in Indianapolis, Indiana, founded in 2018, that focuses on improving the efficiency of home care organizations through its innovative software solutions. The company's platform offers scheduling, tracking, and auditing capabilities, addressing common administrative challenges such as manual data entry, time and attendance tracking, payroll management, and compliance issues. By streamlining these processes, GeoH enables its users to reduce errors, enhance productivity, and ensure accurate billing for services rendered, ultimately supporting better management of home care operations.

Flyte

Seed Round in 2024
Pelvital USA, Inc. is a privately held company based in Minneapolis, Minnesota, focused on restoring pelvic health and enhancing the quality of life for individuals suffering from pelvic floor disorders. Founded in 2016, the company is currently evaluating the Flyte system, an investigational medical device designed to strengthen and potentially heal the pelvic floor muscle system. This device employs a unique mechanotherapy technology, which has been shown to effectively heal and strengthen muscle systems. Through its innovative approach, Pelvital aims to provide significant improvements for patients dealing with pelvic floor issues.

Xploro

Seed Round in 2023
Xploro is a health information platform focused on empowering young patients through innovative technology. The company has developed a mobile application that combines augmented reality, gameplay, and artificial intelligence to provide health information in an engaging and informative manner. By making the learning process enjoyable, Xploro aims to reduce stress and anxiety among young patients, ultimately enhancing their clinical outcomes. The platform is clinically validated and recognized for its effectiveness in delivering patient education tailored to the needs of children, ensuring they feel both informed and empowered in their healthcare journeys.

Primary Record

Pre Seed Round in 2023
Primary Record is an Android application designed to assist individuals and families in documenting, managing, and sharing healthcare information throughout their lives. The application allows users to organize their health data in a centralized location, facilitating easy access and sharing of health histories with healthcare providers. By streamlining the process of managing personal health information, Primary Record empowers families to maintain comprehensive records of their medical histories and effectively communicate their health stories to their healthcare teams.

Flyte

Seed Round in 2023
Pelvital USA, Inc. is a privately held company based in Minneapolis, Minnesota, focused on restoring pelvic health and enhancing the quality of life for individuals suffering from pelvic floor disorders. Founded in 2016, the company is currently evaluating the Flyte system, an investigational medical device designed to strengthen and potentially heal the pelvic floor muscle system. This device employs a unique mechanotherapy technology, which has been shown to effectively heal and strengthen muscle systems. Through its innovative approach, Pelvital aims to provide significant improvements for patients dealing with pelvic floor issues.

ADHD Online

Series A in 2023
ADHD Online provides a formal evaluation for mental health conditions from its licensed psychologist's nationwide network. ADHD Online also provides treatment including medication management, virtual therapy, and other resources. The company was founded in 2018 and is headquartered in Grand Rapids, Michigan.

Cityfurnish

Series A in 2019
Cityfurnish is an online furniture rental platform founded in 2015 and headquartered in Gurgaon, Haryana. The company specializes in offering a diverse range of household goods, including modern and contemporary wooden furniture, appliances, and fitness equipment. Through its platform, Cityfurnish provides consumers with access to slightly used and refurbished products on a convenient monthly rental basis, making quality furnishings more affordable and accessible. The service is designed to cater to the needs of individuals seeking flexible and cost-effective solutions for their home and lifestyle requirements.
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