NEW YORK — June 16, 2026 — HeyMilo AI, an emerging New York-based agentic recruiting platform, has announced it has crossed a major funding milestone, bringing its total capital raised to $6 million.
The funding extension, backed prominently by Category Ventures along with continued participation from seed investors Canaan Partners, Alumni Ventures, and the Entrepreneurs Roundtable Accelerator (ERA), marks a dramatic shift in how the startup intends to automate high-volume recruitment.
Alongside the funding announcement, HeyMilo unveiled three brand-new AI agent workflows designed to solve one of the biggest bottlenecks in modern HR: evaluating actual skills over keyword-heavy resumes.
Introducing ‘Agentic Recruiting’ for High-Volume Hiring
Founded in 2023 by tech veterans Sabashan Ragavan and Ramie Raufdeen—who previously held leadership roles at Instagram, Microsoft, and Salesforce—HeyMilo has gained rapid traction among corporate recruiters, staffing agencies, and business process outsourcing (BPO) firms.
The core platform uses conversational AI to autonomously conduct phone, text, and video pre-screening interviews. The tech allows lean HR teams to instantly engage with thousands of applicants, generating structured transcriptions and performance scores mapped directly into an employer’s standard Applicant Tracking System (ATS).
With its fresh $6 million war chest, HeyMilo is heavily expanding its platform architecture beyond simple voice screening into what it terms “agentic recruiting” workflows.
Moving Beyond the Resume: 3 New AI Workflows
To combat the growing trend of candidates using generic generative AI tools to write perfect resumes and fake their way through initial screens, HeyMilo is rolling out three highly specialized AI agents:
- AI Scenario Assessment: This agent puts job candidates through a live, interactive scenario with a built-in AI assistant. The system then rubrics-scores how the candidate plans, prompts, and evaluates the AI’s output. The feature effectively closes the proof gap that traditional resumes and generic interviews cannot catch.
- Candidate Recommendations: Instead of forcing recruiters to spend money acquiring new leads, this agent automatically digs into the employer’s existing ATS. It resurfaces and ranks top applicants from past cycles who are well-suited for a new opening, delivering a curated shortlist without manual re-engagement.
- Notetaker: For live, recruiter-led interviews, this agent sits in the background to capture structured, uniform notes. It ensures that every single human candidate interaction produces a consistent, objective data signal for final hiring decisions.
Scaling an Infinitely Flexible Recruiting Team
The company reports that early adopters—ranging from one-person HR departments struggling with thousands of applications to massive BPO operations—have drastically reduced hiring times from weeks to hours. Crucially, the company highlights that candidate satisfaction scores (CSAT) have remained incredibly high, noting that applicants appreciate the immediate response and the chance to display their actual communication skills beyond a static piece of paper.
HeyMilo plans to use the capital injection to rapidly expand its engineering and operations teams, while accelerating feature development to handle cross-border, multilingual high-volume talent pipelines.
