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.
Who else raised in SaaS and Software around the same time
Companies in the same sectors as KinetiTec that raised within 45 days of this round, from Fundz verified event records.
- Lantern raised $3.1M (Seed) on July 1, 2026.
- Semble raised $40M (Series C) on June 4, 2026.
- PolyBox Solutions raised $930K (Seed) on July 27, 2026.
- Fleetx raised $6.8M on July 27, 2026.
- Magnendo raised $18M (Series A) on July 24, 2026.
- Novum Studio raised an undisclosed amount on July 24, 2026.
Who to call at KinetiTec, and when
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KinetiTec raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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