Boomerang
Company

Last deal

$1M

Amount

Seed

Stage

31.07.2012

Date

1

all rounds

$1M

Total amount

date founded

Financing round

General

About Company
Boomerang's gifting & rewards network offers free gift cards from top advertisers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Boomerang provides online publishers with access to free gift cards from popular brands like Gilt City, Shutterfly, ModCloth, and Ghirardelli. Publishers can use Boomerang's white label platforms and APIs to reward users with gift cards and earn revenue from each redemption. Boomerang also operates rang.com, a social gifting application, and helps marketers run social gifting campaigns. It is the first platform that allows websites and mobile apps to engage their audiences with real-world rewards from well-known brands. Partners can offer free shopping credits at brands like Target, Reebok, and Newegg, and Boomerang earns revenue every time a credit is redeemed.
Contacts

Contact Email

Website URL

Social url

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total rounds

2

total raised

$7.63M

Financials

Funding Rounds
1
1

Number of Funding Rounds

$1M

Money Raised

Their latest funding was raised on 31.07.2012. Their latest investor Lightbank. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
31.07.2012
1
$1M
Lightbank

Lightbank

Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Chicago, IL, USA

count Of Investments

180

count Of Exists

41
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Lightbank

Lightbank

Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies.

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General Industrials

Subsector

Diversified Industrials

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count Of Investments

180

count Of Exists

41
Eric Lefkofsky

Eric Lefkofsky

Eric Lefkofsky is the founder and CEO at Tempus. He is co-founder of Lightbank, a venture fund investing in disruptive technology businesses. He is also the co-founder and Chairman of Groupon (NASDAQ: GRPN), a global e-commerce marketplace, and an early investor in Uptake Technologies, a leading predictive analytics platform for the world’s largest industries; Mediaocean, a leading provider of integrated media procurement technology; Echo Global Logistics (NASDAQ: ECHO), a technology-enabled transportation and logistics outsourcing firm; and InnerWorkings (NASDAQ: INWK), a global provider of managed print and promotional solutions. He co-chairs the Lefkofsky Family Foundation with his wife Liz to advance high-impact initiatives that enhance lives in the communities served. Lefkofsky serves as a Trustee of Lurie Children’s Hospital of Chicago, The Art Institute of Chicago, The Museum of Science and Industry and World Business Chicago. He is also Chairman of the Board of Trustees of Chicago's Steppenwolf Theatre Company. Lefkofsky is an adjunct professor at the University of Chicago and author of Accelerated Disruption: Understanding the True Speed of Innovation. He graduated from the University of Michigan and received his Juris Doctor at University of Michigan Law School. For more information, visit lefkofsky.com.

current job

Tempus
Tempus

count Of Investments

4

count Of Exists

1

People

Employee Profiles
6
Zach Smith

Zach Smith

CEO/Cofounder

Matt Williams

Matt Williams

Cofounder

Aye Moah

Aye Moah

Co-Founder & Chief of Product

Peter Bannister

Vice President Exploration and Development and Director

Activity

Recent News
1