BoomerangHR Raises $12.7M Seed

BoomerangHR, based in New York, provides an AI-powered platform for offboarding and alumni management. The company has secured $12.7 million in a seed round to expand its software services that help organizations maintain relationships with former employees for rehires, referrals, and sales leads.

Investors

This round was co-led by Kalos Ventures and Album Ventures. Additional participation in the round included Monta Vista Capital, Capital Eleven, and Strada Education Foundation.

BoomerangHR Use of Funds

BoomerangHR plans to use the capital to further develop its AI-native software platform and scale its operations to meet the needs of companies looking to streamline offboarding and alumni engagement.

About BoomerangHR

Founded by CEO Jeff Wald, BoomerangHR is an AI-powered platform designed to automate the employee offboarding process and transform former team members into an active professional growth network. The product integrates with existing HRMS and ATS systems to manage exits, compliance, and alumni engagement.

Funding Details

Company Website: https://boomeranghr.com

Company: BoomerangHR
Raised: $12.7M
Round: Seed
Funding Date: September 14, 2026
Lead Investor: Kalos Ventures, Album Ventures
Additional Investors: Monta Vista Capital, Capital Eleven, Strada Education Foundation
Company Website: www.boomerangHR.com
Software Category: HR Tech
Source: https://markets.businessinsider.com/news/stocks/boomeranghr-closes-12m-seed-round-to-help-companies-build-and-maintain-talent-through-comprehensive-alumni-management-and-offboarding-1036542996