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Boomerang Ventures Invests $1M in SiteLabs Seed Round

Source: Indianapolis Business Journal
Boomerang Ventures has led a $2 million seed investment in SiteLabs, an Anderson, South Carolina–based startup helping independent pharmacies offer onsite diagnostic testing. Founded in 2020, SiteLabs provides a digital platform that supports screenings for diabetes, cholesterol, strep throat and more. Boomerang contributed $1 million to the round, joined by Labcorp Venture Fund and SC Launch Inc., the investment arm of the South Carolina Research Authority.

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Press Release: Boomerang Ventures Leads $2M Seed Round for SiteLabs
Press Releases

Boomerang Ventures Leads Oversubscribed $2M Seed Round Investment in SiteLabs to Transform Independent Pharmacies into Frontline Hubs for Preventive Care and Research

Boomerang Ventures has led a $2 million Seed Round for SiteLabs, a health tech startup transforming independent pharmacies into neighborhood hubs for preventive care and clinical research. With $1 million invested by Boomerang and additional backing from Labcorp Venture Fund and SC Launch, the funding will accelerate SiteLabs’ platform expansion to empower pharmacies with diagnostic tools, trial recruitment capabilities, and integrations that improve access, equity, and outcomes in healthcare.

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