# Boomalang Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boomalang-company

- Industry: Education/Training
- Headquarters: Nashville, US
- Website: www.boomalang.co
- Total disclosed funding: $0M
- Latest round: Seed (May 1, 2014)
- Investors on record: 2

## About

Boomalang Company is a digital platform designed to enhance language learning through authentic interactions between students and native speakers in various languages including Spanish and French.Founded in 2014 in Nashville, US, Boomalang Company specializes in a platform that connects students with trained native speakers for immersive language conversations. The company has engaged in 3 total deals, with the most recent deal occurring on February 10, 2015. Boomalang raised USD 0.030 mn in a Grant round, bringing the total amount raised to USD 0.200 mn. Chris Gerding serves as both the Founder and CEO, leading the company's operations and strategy.Boomalang offers a conversation platform facilitating language interactions between students and trained native speakers in languages such as Spanish, French, Portuguese, ESL, German, and Italian. Its core services include 15-minute and 30-minute video conversations tailored for various language skill levels, directly influenced by educator-provided topics. The platform caters to over 100 universities and educational institutions, focusing primarily on beginner, intermediate, and advanced learners, and has a client base that spans over 20 countries.Boomalang generates revenue through a structured transaction model based on conversation packages purchased by educational institutions. The pricing for 15-minute conversations starts at USD 23 for two sessions and decreases to USD 7.25 for seven or more sessions, while 30-minute conversations are offered at USD 13 each for high-level learners. This B2B revenue model emphasizes partnerships with universities and language institutes, enabling students to engage in real-world conversations with native speakers.In February 2015, Boomalang Company raised USD 0.025 million in grant funding, which is intended to support its growth initiatives. The company plans to expand its offerings and is focusing on increasing its presence in international markets. Future product developments are underway, although specific details on release dates have not been disclosed.

## Funding rounds

- Seed, May 1, 2014, $0M — Owen Entrepreneurs, Jumpstart Health Investors

## Investors

- Owen Entrepreneurs — Seed
- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed