Mya Systems Raises $18.75 Million For Recruitment Automation Platform

Mya Systems Raises $18.75 Million For Recruitment Automation Platform

by NeoTech Post

Mya Systems, an AI-powered end-to-end recruitment automation platform for hiring teams, secured $18.75 million in Series C funding.

Notion Capital led the funding round with participation from Emergence Capital, Foundation Capital, Cisco Investments, and Workday Ventures.

Mya’s conversational AI platform uses natural language processing and machine learning techniques to automate outreach and communications with job candidates across the end-to-end recruiting process, enabling recruiters to prioritize their time with candidates most likely to succeed.

The platform has helped customers automate the sourcing process with 10x greater engagement, deeply screen and qualify 90%+ of applicants, and has scheduled over 400,000 interviews with qualified and interested candidates. The company’s customers include Hays, Adecco, L’Oreal, Deloitte, and Anheuser Busch. 

“We have seen increased demand from staffing businesses and corporations looking to transform their recruiting process through the use of conversational user experiences. This funding allows Mya to accelerate its mission to create a far more efficient and equitable job market powered by AI,” said Eyal Grayevsky, Founder and CEO of Mya Systems. 

“While hiring is slowing down in some industries given the current crisis, we are seeing large spikes in demand from customers in healthcare, e-commerce, light industrial, call center, logistics, supply chain, and other industries that have urgent, high volume hiring needs. Mya is uniquely positioned to support those industries that need to scale recruitment due to COVID-19 and our team is squarely focused on helping our customers meet those shifting market demands.”