HeyMilo Raises $2.2M Seed Round to Automate Candidate Screening with AI

HeyMilo is redefining recruitment by streamlining the candidate screening process through AI.

HeyMilo Raises $2.2M Seed Round to Automate Candidate Screening with AI
Source: HeyMilo

Company Name: HeyMilo
Location: New York, NY
Industry: AI-Powered Hiring & Candidate Screening

Funding Details:

  • Amount: $2.2M (Seed Round)
  • Investors:
    • Lead: Canaan Partners
    • Participants: Alumni Ventures, Entrepreneurs Roundtable Accelerator

Purpose of Investment:

  • Expand operations and development efforts
  • Enhance AI-driven automation for hiring processes

Leadership:

  • Co-Founders: Sabashan Ragavan, Ramie Raufdeen

Product:

HeyMilo provides an AI-powered candidate screening platform that automates the initial interview process, enabling hiring teams to identify top talent faster, with greater efficiency, and at a lower cost. The platform autonomously conducts tailored interviews, asks insightful follow-up questions, and delivers actionable analyses to optimize the hiring process.

Key Features:

  • AI Agent Builder: Reads job descriptions from an Applicant Tracking System (ATS) and generates detailed interviews across multiple engagement channels, including voice, video, phone, and SMS.
  • AI Agent Interviewer: Uses “knockout” questions to pre-screen candidates, then conducts adaptive voice or video interviews to assess skills and cultural fit.
  • Interview Analysis: Transcribes and scores responses, providing hiring managers with data-driven insights—all integrated within existing ATS platforms.

About the Company:

HeyMilo is redefining recruitment by streamlining the candidate screening process through AI. By automating repetitive tasks, it enables hiring teams to focus on strategic decision-making and securing top talent.