# Boomerang

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boomerang-2

- Industry: Consumer Services
- Headquarters: Los Angeles, US
- Website: www.thanksboomerang.com/
- Total disclosed funding: $7.7M
- Latest round: Seed (Jan 25, 2024)
- Investors on record: 16

## About

Based in California, US, and founded in 2021 by its CEO Skyler Logsdon, COO Augustine Diep-Tran, and executive chairman Philip Inghelbrecht, Thanks Boomerang, Inc. operates as a lost and found technology platform that connects people with their lost items. In May 2022, Boomerang raised USD 2.8 million in seed funding led by new investors 305 Ventures and Flamingo Capital, with participation from GGV Capital, Relay Ventures, Animal Capital, Unanimous Capital, MVC, BevPac, Kalyon Ventures, and angel investors Avrum Elmakis (founder of Clmbr), Lavinia Errico (founder of Equinox), Abe Burns, Nick Montana, Karl Jacob, among others. As of June 2022, the company has a team of 9 people.

Thanks Boomerang, Inc. offers two solutions for businesses. Its first product is a self-serve lost and found management software product that organizes hotels, restaurants, bars, clubs, universities, stadiums, casinos, theatres, and the gym's lost and found inventory management for their lost item claims, in one view, allowing for smarter matching. The company also offers fully managed lost and found service for institutions that have thousands of lost items every month, such as airports and airlines.

The company will use the seed funding to strengthen its product and expand market operations.

## Funding rounds

- Seed, Jan 25, 2024, $4.9M — Granite Asia, SeventySix Capital, Lead Ventures, LightShed Ventures, Harlo Capital, Lake Nona Fund, Gold House Ventures, Dream Ventures
- Seed, May 12, 2022, $2.8M — Granite Asia, Relay Ventures, Equinox, MVC, Unanimous Capital, CLMBR, Inc., Animal Capital, 305 Ventures, Kalyon Venture Capital

## Investors

- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- Relay Ventures (https://capitalatlas.ai/funds/relay-ventures) — Seed
- Equinox (https://capitalatlas.ai/funds/equinox) — Seed
- MVC (https://capitalatlas.ai/funds/mvc) — Seed
- Unanimous Capital (https://capitalatlas.ai/funds/unanimous-capital) — Seed
- CLMBR, Inc. — Seed
- Animal Capital (https://capitalatlas.ai/funds/animal-capital) — Seed
- 305 Ventures (https://capitalatlas.ai/funds/305-ventures) — Seed
- Kalyon Venture Capital (https://capitalatlas.ai/funds/kalyon-venture-capital) — Seed
- SeventySix Capital (https://capitalatlas.ai/funds/seventysix-capital) — Seed
- Lead Ventures (https://capitalatlas.ai/funds/lead-ventures) — Seed
- LightShed Ventures (https://capitalatlas.ai/funds/lightshed-ventures) — Seed
- Harlo Capital — Seed
- Lake Nona Fund (https://capitalatlas.ai/funds/lake-nona-fund) — Seed
- Gold House Ventures (https://capitalatlas.ai/funds/gold-house-ventures) — Seed
- Dream Ventures (https://capitalatlas.ai/funds/dream-ventures) — Seed