# HeyMilo AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heymilo-ai

- Industry: Software
- Headquarters: New York, US
- Website: www.heymilo.ai/
- Total disclosed funding: $3.9M
- Latest round: Seed (Dec 16, 2025)
- Investors on record: 3

## About

Based in New York, US, founded in 2023, Redsnack Technologies Inc., doing business as HeyMilo AI, operates as a candidate screening platform utilizing AI voice agents. The company was co-founded by Ramie R. and Sabashan Ragavan (CEO as of 2026). In June2026, HeyMilo AI raised USD 6 million in venture funding led by Category Ventures, with participation from Canaan Partners, Alumni Ventures Group, Entrepreneurs Roundtable Accelerator, Remarkable Ventures. The round was part of larger USD 6 million Venture funding round.

HeyMilo is a cutting-edge AI-powered candidate screening platform designed to streamline the recruiting process through advanced voice agent technology. The core product offering includes an AI-driven interview agent that conducts two-way conversational interviews, enabling recruiters to engage with candidates in a more interactive and personalized manner. The platform allows companies to create customized interview agents based on job postings, or utilize its recommended questions, facilitating a seamless integration into existing recruiting workflows. By adapting to candidates' responses, HeyMilo's agents delve deeper into applicants' skills, providing recruiters with comprehensive reports on candidate fit, including strengths and weaknesses. This innovative solution primarily serves companies and recruiting agencies in various industries, focusing on high-volume recruitment needs in North America, Europe, and parts of Asia, enhancing the efficiency of hiring processes across these markets.

HeyMilo generates revenue through a subscription-based model, offering clients access to its AI interview platform. Clients, which consist of staffing agencies and corporate HR departments, pay for the service based on the number of interviews conducted and the features utilized within the platform, such as custom question imports and detailed reporting capabilities. The pricing structure reflects the value of the technology in optimizing the recruitment workflow, with options to scale usage according to client needs. By leveraging AI technology, HeyMilo not only enhances the candidate experience but also provides businesses with a cost-effective solution to improve their hiring outcomes. This transactional framework underscores the firm's commitment to delivering measurable results and efficiency in the recruitment process, fostering long-term partnerships with its clients.

The company plans to use the June 2026 funding to expand its engineering and operations teams and accelerate development of recruiting platform features.

## Funding rounds

- Seed, Dec 16, 2025, $3.9M — Canaan Partners, Entrepreneurs Roundtable Accelerator, Alumni Ventures Group

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed
- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
