Cool Company Raises · $12.7M · Seed · boomerangHR.com

BoomerangHR raises a $12.7M Seed round

BoomerangHR turns the people who leave a company into its next hires. The platform automates offboarding — exit compliance, COBRA, 401k rollovers, equipment returns — then keeps the relationship alive: verified alumni profiles, role matching, network engagement, and reporting on talent migration, re-engagement signals and sales opportunities. It plugs into existing HCM and ATS systems rather than replacing them. Founded and led by Jeff Wald in New York, BoomerangHR says hundreds of companies representing millions of alumni use it, with Warby Parker among the named customers. The $12.7M seed was co-led by Kalos Ventures and Album Ventures, with Monta Vista Capital, Capital Eleven and the Strada Education Foundation participating.