The HRTech Wire
Investors Are Cold on Talent Acquisition Right Now. BoomerangHR Just Raised $12.7M Anyway
BoomerangHR, an alumni-network and boomerang-hiring platform, has closed a $12.7 million seed round led by Kalos Ventures and Album Ventures — a notable raise given widespread investor skepticism toward talent acquisition, according to WorkTech. CEO Jeff Wald says the platform uses agentic AI to automate offboarding and proactively match former employees to open roles, positioning alumni rehiring as a defense against AI-generated resume fraud.
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