Boomerang Catapult
Overview
Boomerang Catapult is an activist investor group focused on growing early stage technology-based companies in the Traverse City area. They invest in enterprises based in Northern Michigan that create an increase in value from raw material input to final product, supporting enterprises exporting high value into growing markets, and into market and product positions that are sustainable, extendable, and scalable.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Alquist 3D | Jan 2022 | Seed | Co-investor |
| Orbion Technologies | Sep 2019 | Series A | Co-investor |
| Promethient, Inc. | Jan 2018 | Seed | Co-investor |
| ATLAS Space Operations | Sep 2024 | Growth Equity | Co-investor |
| HealthBio | Feb 2025 | VC Round | Lead |
For institutional investors. Book with your work email.
Key People
Jody Lundquist
Partner and Chief Financial Officer
Casey Cowell
Principal
Warner Queeny
Principal
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Boomerang Catapult based?
Boomerang Catapult is headquartered in Traverse City, Michigan, United States.
When was Boomerang Catapult founded?
Boomerang Catapult was founded in 2016.
How many portfolio companies does Boomerang Catapult have?
Boomerang Catapult has 7 portfolio companies in Caplight's dataset.
What are some companies in Boomerang Catapult's portfolio?
Portfolio companies visible on Caplight include Alquist 3D, Orbion Technologies, Promethient, Inc., ATLAS Space Operations, HealthBio.
What was Boomerang Catapult's most recent investment shown here?
Boomerang Catapult's most recent investment in this portfolio sample was in HealthBio in 2025.
What sectors does Boomerang Catapult focus on?
Boomerang Catapult focuses on Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Telecommunications & Networking, Frontier & Industrial Tech, Frontier & Industrial Tech, Real Estate & PropTech, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure.
What company stages does Boomerang Catapult focus on?
Boomerang Catapult typically invests at the MultiStage stage.
What is Boomerang Catapult's AUM?
Boomerang Catapult's assets under management are estimated between $0.0 and $50.0M.