Boomerang Catapult, LLC.

Description

MISSION Investing in Traverse City companies that create high value through intellectually intensive effort and export it to the world. PURPOSE The purpose of Boomerang-Catapult, LLC is to invest in and otherwise contribute to the creation of an ever more intellectually and culturally vibrant community of engaged citizens creating high economic value; the engine of sustainable community prosperity and growth. We are focused on the region of Northwest Lower Michigan and, in particular, in the Traverse City area. We believe that long-term benefits accrue to communities that create high economic value and export it beyond their own geography. Our bullseye investment is an enterprise based in Traverse City that creates a large step-up in value from raw material input to final “product”. While our past activity has tended to technology investments, we have no particular sector focus. Our aim is to support enterprises exporting high gains in value into growing markets, and into market and product positions that are defensible, extendable and scalable.

AI Sector Summary

Boomerang Catapult is a generalist venture and permanent capital firm focused exclusively on high-value exportable enterprises in Northwest Lower Michigan, with historical activity in technology, health-tech, aerospace, and advanced manufacturing.

Financials