Mya Systems Closes $18.75 Million In Funding

By Annie Baker ● March 20, 2020
  • Mya Systems, a leading conversational AI platform for hiring teams, announced it has raised $18.75 million in Series C funding led by Notion Capital

Mya Systems, a leading conversational AI platform for hiring teams, announced it has raised $18.75 million in Series C funding led by Notion Capital with participation from earlier investors Emergence Capital and Foundation Capital along with Cisco Investments and Workday Ventures.

In the past year, Mya Systems saw rapid momentum with 3x customer subscription growth in 2019 alone. And now Mya now supports over 460 brands, 6 of the 8 largest staffing agencies, and 29 of the Fortune 100. Some of the company’s customers include Hays, Adecco, L’Oreal, Deloitte, and Anheuser Busch.

Mya has helped its customers automate the sourcing process with 10x greater engagement, deep screen, and qualify over 90% of applicants and has scheduled more than 400,000 interviews with qualified and interested candidates.

As the first deeply integrated and end-to-end recruitment automation platform, Mya recognizes the need for seamless interoperability between customers’ disparate technology platforms like CRM, ATS, and HRIS systems.

Plus the company has solidified its deep partnerships and repeatable integrations with leading technology providers like Bullhorn, Workday, and SAP SuccessFactors. And the emphasis on interconnectivity through the simple mode of communication sets Mya apart in its ability to surface rich candidate insights across the entire recruiting and employment lifecycle.

Key Quotes:

“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. 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.”

-Eyal Grayevsky, Founder and CEO of Mya Systems

“Mya’s mission is incredibly inspiring and impossible to ignore. This blend of interconnectivity and communication is the future of recruiting, and we’re excited to now be a part of building toward that vision. Mya’s AI recruiting platform has shown tremendous early success in Europe, and with the breakthrough technology they are offering, is by far the best-positioned company to make a major impact on this market.”

-Itxaso del Palacio at Notion Capital