Finance

Boomerang raises $4.9M in seed round funding

By Chris Smith 1.25.2024

Boomerang, a digital lost-and-found platform, has raised a $4.9M seed round led by LightShed Ventures. Other new investors in the Miami-based company include VC firms GGV, SeventySix Capital and leAD’s Lake Nona Sports & Health Tech Fund; musician Drake; Equinox founder Lavinia Errico; and NFLers Odell Beckham Jr., Christian Kirk and Kenny Clark. Boomerang provides its lost-and-found management software, which helps streamline the process of identifying and returning lost items, to a customer base largely comprised of airports, resorts and sports venues, including Cleveland Browns Stadium, Nissan Stadium and State Farm Arena. The company has now raised a total of $7.7M since its 2011 founding.

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