Wednesday, June 17, 2026

HeyMilo AI Secures Funding and Expands AI Agentic Recruiting Platform

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HeyMilo AI, the first agentic recruiting platform developed especially for scalable hiring purposes, has received an investment of $6 million from Category Ventures, alongside other investors such as Canaan Partners, Alumni Ventures, and ERA, aimed at enhancing its production capabilities while scaling up its customized AI suite. In a time when AI-based recruiting technology is fast being adopted by candidates but the corporate world still lags behind with their usual resume filtering methods and human contact, HeyMilo offers its services embedded within application processes. The technology deploys a coordinated fleet of autonomous voice, video, phone, SMS, and resume screening agents to intercept and process applicants the moment they apply, feeding rubric-scored data and transcripts directly into existing Applicant Tracking Systems (ATS).

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To advance its automated intelligence layer already utilized to screen over one million candidates by leading staffing agencies, RPOs, and enterprise corporations such as Randstad, WilsonHCG, and Neo Financial HeyMilo is launching three additional specialized agents: AI Scenario Assessment to score candidate problem-solving in live AI-assisted rubrics, Candidate Recommendations to automatically resurface and rank passive applicants from the corporate ATS, and Notetaker to extract structured signals across recruiter-led interviews. Highlighting the fundamental operational value of the platform, Sabashan Ragavan, co-founder and CEO, noted, “High-volume hiring only works if you can vet everyone fairly and send recruiters to the people who deserve their time,” while Villi Iltchev, Founder & Managing Partner at Category Ventures, affirmed the market’s trajectory by concluding that “AI is fundamentally changing the way companies need to vet applicants for roles and HeyMilo has quickly emerged as a leader in that transformation.”

Read More: HeyMilo AI Raises Additional Capital and Expands AI Recruiting Agents

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