HeyMilo AI Raises $6M in Total Funding by Category Ventures

The company plans to use the funding to expand its operations and continue developing its products and technology.

The company has partnered with major staffing firms, recruitment providers, and employers, including Randstad, WilsonHCG, and Neo Financial. Its platform has already screened more than one million candidates across staffing, business process outsourcing (BPO), and large-scale corporate hiring.

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Hiring teams are facing a new challenge as candidates increasingly use AI tools to apply for jobs, and prepare for interviews. However, many hiring processes still rely on traditional methods such as resumes and phone calls.

HeyMilo modernizes this process by adding interactive screening directly into the job application. Candidates can be evaluated through voice, video, phone, SMS, and resume based assessments, while recruiters receive scored results, transcripts and supporting evidence directly within their existing applicant tracking systems (ATS).

Along with the new funding, HeyMilo is introducing three new AI-powered tools. The AI Scenario Assessment places candidates in real-world situations where they work with an AI assistant, allowing employers to evaluate how well they plan tasks, use AI prompts, and assess AI-generated results.

The company is also launching Candidate Recommendations, which identifies and ranks previously screened candidates from an ATS, and Notetaker, which automatically records and organizes notes from recruiter-led interviews, creating consistent and easy-to-review candidate records.

"AI is fundamentally changing the way companies need to vet applicants for roles and HeyMilo has quickly emerged as a leader in that transformation," said Villi Iltchev, Founder & Managing Partner at Category Ventures.

"High-volume hiring only works if you can vet everyone fairly and send recruiters to the people who deserve their time," said Sabashan Ragavan, co-founder and CEO. "We are changing how companies hire by changing what happens from the second a candidate applies. With some of the largest staffing agencies and enterprises screening candidates across conversational SMS, resume screening, video and voice interviews, and candidate fraud detection, the production signal is clear: recruiting teams are ready for a recruiting intelligence layer that delivers ROI at scale."

About HeyMilo

Founded in 2023 by Sabashan Ragavan and Ramie R., HeyMilo is an AI powered recruiting platform designed for high volume hiring. Its voice based AI agent help's companies automate candidate screening and engage applicants at any time. The platform can be customized for different roles, and interview requirements allowing employers to evaluate candidates more efficiently while aiming to reduce bias in the hiring process.

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