<img src="https://ml.globenewswire.com/Resource/Download/59ae977b-83a1-41da-bb5d-863d88ae9fea?size=2" nborder="0" align="left" hspace="5" vspace="5" title="BoomerangHR_Logo.jpg" alt="BoomerangHR"/>With BoomerangHR, a company’s best next hire could be someone they already knowNEW YORK, Sept. 14, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- BoomerangHR, the AI-powered platform for offboarding and alumni management, today announced details of its seed round. Led by Kalos Ventures and Album Ventures, the $12.7M round included participation from Monta Vista Capital, Capital Eleven, and Strada Education Foundation. Trust Is Becoming Recruiting's Biggest Advantage In the AI era, verifying candidate quality has become a major bottleneck for hiring teams, with researchers at Gartner estimating that by 2028, one in four candidate profiles will be fake. At the same time, returning employees account for one-third of new hires according to March 2025 ADP research. Recruiting boomerang employees can reduce time-to-fill, onboarding, and training costs, which is why organizations are turning to a talent pool they already trust: former employees. “A company’s relationship with great talent shouldn't end when they leave,” said Jeff Wald, Founder and CEO of BoomerangHR. “We built BoomerangHR to automate offboarding and transform former team members into an active growth network. Through Boomerang, companies can easily access warm rehires, referrals, and sales leads—because your best next hire is someone who already knows your culture, your customers, and your mission.” “When employers show love for their employees on the way out, employees will love them back,” said Marissa Andrada, former CHRO of Chipotle. “BoomerangHR’s technology enables companies to turn that goodwill into an engaged alumni community—people who may come back, bring great talent with them, and remain advocates for the brand. That’s a relationship that keeps creating value long after someone leaves.” An AI-Powered Director of Alumni Modeled after the alumni networks long leveraged by firms like McKinsey, Goldman Sachs, and Procter &amp; Gamble, BoomerangHR brings enterprise-grade alumni engagement to companies of all sizes at a fraction of the cost. The software integrates with existing HRMS and ATS solutions in under an hour, offering three core capabilities:  <ul type="disc"><li style="margin-bottom:8pt;">Offboarding: Automates employee exits, compliance, COBRA administration, 401(k) rollovers, equipment returns and exit interviews.</li><li style="margin-bottom:8pt;">Alumni Management: Centralizes verified alumni profiles, auto-matches former staff to open roles, and keeps networks engaged.</li><li style="margin-bottom:8pt;">Reporting: Tracks talent migration, re-engagement signals, and sales opportunities, with built-in non-compete tracking. </li></ul> “Technology can make hiring harder or streamline its complexities,” said Jose Tomas, former CHRO of General Motors, Anthem, and Burger King. “BoomerangHR serves two critical purposes: offboarding compliantly with confidence and building a solid alumni talent pool. It features the agility that both functions require without putting more pressure on already stretched HR and talent acquisition resources.” “We know careers rarely follow a straight line. A team member might begin in one of our stores, pursue an opportunity elsewhere, and later return in a new role, bringing valuable skills and perspective with them,” said Chelsea Kaden, Chief People Officer at Warby Parker. “With teams spanning retail, eye care, customer experience, and our corporate offices, BoomerangHR gives us a thoughtful, streamlined way to stay connected—whether a former employee returns, refers someone great, or simply remains connected to our team.” Managing Partner Ashley Bittner of Kalos Ventures LP shared, "BoomerangHR has all the components for category success: a multi-time venture-backed founding team, a cutting-edge, yet responsible AI-native solution, proven deployment across hundreds of companies representing millions of alumni, and HR advisors who have run people organizations at scale." For more information about BoomerangHR, visit <a href="https://boomeranghr.com/?utm_source=pr&amp;utm_medium=media&amp;utm_campaign=boomerang_pr_launch" rel="nofollow" target="_blank" title="www.boomerangHR.com.">www.boomerangHR.com.</a> More About BoomerangHR Hundreds of companies rely on BoomerangHR, the AI-powered platform that streamlines the complexities of offboarding and turns former employees into an active network of rehires, referrals, and sales leads. Founded by industry experts who are advised by leading CHROs, BoomerangHR is backed by Kalos Ventures and Album Ventures. To learn more about BoomerangHR, visit <a href="https://boomeranghr.com/?utm_source=pr&amp;utm_medium=media&amp;utm_campaign=boomerang_pr_launch" rel="nofollow" target="_blank" title="www.boomerangHR.com.">www.boomerangHR.com.</a> <pre>CONTACT: Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners.

MEDIA CONTACT:

boomerang@devonpr.com</pre> <img alt="" src='https://ml.globenewswire.com/media/OTU0MWM5MTItODg3Yy00ZTczLWEyZDktMTFiZTBkZWY4ZTMyLTUwMDE2Nzc5MC0yMDI2LTA5LTE0LWVu/tiny/BoomerangHR.png' referrerpolicy='no-referrer-when-downgrade' />

BoomerangHR Closes $12M+ Seed Round To Help Companies Build and Maintain Talent through Comprehensive Alumni Management and Offboarding

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn