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Press Release: Boomerang Ventures Invests in KinetiTec, Appoints MedTech Veteran Kathy Phlegar as CEO to Lead Next Phase of Clinical Validation and Commercial Expansion of SPARK, a Mobility Intelligence Platform
Press Releases

Boomerang Ventures Invests in KinetiTec, Appoints MedTech Veteran Kathy Phlegar as CEO to Lead Next Phase of Clinical Validation and Commercial Expansion of SPARK, a Mobility Intelligence Platform

Boomerang Ventures has made a strategic pre-seed investment in KinetiTec and supported the appointment of healthcare industry veteran Kathy Phlegar as CEO. Together, the companies are advancing SPARK™, an innovative mobility intelligence platform designed to reduce hospital-acquired complications, improve patient recovery, and transform mobility into a measurable standard of care.

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06/05/2026
In the News
In The news

IBJ Spotlights Boomerang Investment in EarSmartAI

Source: IBJ
The Indianapolis Business Journal’s The Deal newsletter highlighted Boomerang Ventures’ pre-seed investment in EarSmartAI, including the company’s AI-powered technology designed to help families assess potential ear infections from home.

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05/22/2026
Press Release: EarSmartAI Targets $5B Pediatric Ear Infection Market with AI-Powered Diagnostic Platform, Secures Pre-Seed Investment, Names New CEO
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EarSmartAI Targets $5B Pediatric Ear Infection Market with AI-Powered Diagnostic Platform, Secures Pre-Seed Investment, Names New CEO

Boomerang Ventures announced a $250,000 pre-seed investment in EarSmartAI, a portfolio company developing an AI-powered connected care platform focused on transforming pediatric ear infection management through real-time, at-home diagnostic support. The company also named veteran MedTech entrepreneur Mark Terrill as CEO and Co-Founder to lead its next phase of regulatory advancement, commercialization, and growth.

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05/20/2026

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