KinetiTec secures funding from Boomerang Ventures to expand its operations and development efforts.
Round Type
Funding Round
IndianapolisInformation TechnologySoftwareHealth CareSaaSInvestors
Description
KinetiTec, an Indianapolis-based medical device and SaaS company, received investment from Boomerang Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Concurrently, Kathy Phlegar has been appointed as CEO.
Quick answer
KinetiTec raised an undisclosed amount in a Funding Round round, dated June 12, 2026. Investors: Boomerang Ventures. KinetiTec is based in Indianapolis, Indiana, United States.
- How much did KinetiTec raise?
- KinetiTec raised an undisclosed amount in a Funding Round round on June 12, 2026.
- Who invested in KinetiTec?
- Boomerang Ventures is named as investors in this round.
- What does KinetiTec do?
- KinetiTec is an Indianapolis, IN-based medical device and SaaS company developing SPARK, an in-bed mobility intelligence platform designed to reduce hospital-acquired complications and improve recovery.
- Where is KinetiTec based and how big is it?
- KinetiTec is based in Indianapolis, Indiana, United States.
Source: Fundz verified event record.
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