Acquired by Lowe’s
Industries AnalyticsE-CommerceInternetRetailSaaSSoftwareHeadquarters Regions San Francisco Bay Area, Silicon Valley, West Coast Founded Date Jul 15, 2012 Founders Guru Hariharan Operating Status Active Last Funding Type Series B Legal Name Boomerang Commerce, Inc.
Company Type For Profit
Contact Email press@boomerangcommerce.com Phone Number (434) 323-5431
Boomerang Commerce enables omni-channel retailers to maximize revenue and margin growth while remaining competitive. Our SaaS based software rapidly analyzes, tests and deploys smart pricing strategies at scale for millions of products including private label. Led by veterans from Amazon, Adobe and McKinsey, Boomerang uses advanced machine learning
and real-time data analytics to drive strategic pricing decisions.
Top 100 omni-channel retailers such as Staples, OfficeDepot and web-only retailers such as Groupon Goods are using Boomerang today and realize $40M in incremental revenue and $9M in incremental margins for every $1B in revenue they run through our platform. Boomerang is named a Gartner Cool Vendor for Digital Commerce 2015 and one of the Top 50 Big Data companies in the world.
Transaction Name Boomerang Commerce acquired by Lowe’sAcquired by Lowe’sAnnounced Date May 20, 2019