Boomerang

Early Stage

Digital health solution

Overview

Raised to Date: Raised: $2,000

Total Commitments ($USD)

Platform

Title3Funds

Start Date

01/13/2023

Close Date

12/06/2023

Min. Goal

$10,000

Max. Goal

$5,000,000

Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$1.00

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

307

% of Min. Goal

20%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$100

Momentum
cold.svg
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Location

Irvine, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Boomerang, with a valuation of $10 million, is raising funds on Title3Funds. It is a digital health company focused on at-home diagnostic testing, customizable wellness plans, and strategic partnerships. The at-home test kits of Boomerang are convenient and accurate and span across tests, including diabetes, food sensitivity, food allergy, STDs, UTI, and COVID-19. Boomerang has a loyal customer base and expects to reach $25 million in revenue by 2023. Frank Gianotti founded Boomerang in October 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing, equipment purchases, accounting fees, and general working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/13/2023
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Boomerang on Title3Funds 2023
$
Platform: Title3Funds
Security Type: Equity - Common
Valuation: $10,000,000

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