HelloSky Secures $5.5 Million in Seed Funding
HelloSky, formerly known as Skyminyr, is revolutionizing the executive search industry with its talent intelligence platform designed solely for this purpose. Recently, the company announced the completion of a $5.5 million oversubscribed seed funding round, bolstered by investors such as Caldwell Partners, Karmel Capital, True Capital Partners, Hunt Scanlon Ventures, and several angel investors linked to giant tech firms like Google and Cisco Systems.
With this successful capital raise, HelloSky has crossed the significant milestone of $1 million in Annual Recurring Revenue (ARR). In conjunction with this financial boost, the company is also enhancing its executive team by bringing on board notable leaders in sales and marketing. Hugh Burnham, an established figure in the marketing and public relations sector, joins as EVP, Sales and Marketing, while Mike Kelch, who has expertise in customer growth strategies particularly in AI applications, is appointed Vice President of Sales. This strategic expansion aims to leverage the new funds to further develop engineering capabilities and fine-tune go-to-market efforts.
The executive search landscape is becoming increasingly competitive, and firms are turning to AI-powered platforms like HelloSky for a competitive edge. According to Scott A. Scanlon, CEO and co-founder of Hunt Scanlon Ventures, as organizations vie for executive talent, they will prioritize partnering with recruiters who utilize advanced technology to streamline the search process. HelloSky is positioned to facilitate this shift, allowing recruiters to access precision talent platforms that incorporate candidate analytics, sector mapping, and human capital intelligence all in one unified solution.
Tailored for Executive Search
Unlike other AI recruiting platforms that merely incorporate executive search features, HelloSky was meticulously crafted from its inception with a focus on the specific needs of the executive search domain. The platform's architecture enables unparalleled accuracy in pinpointing candidates who possess the precise experience and qualifications necessary for high-level leadership roles. Over the past five years, HelloSky has developed a proprietary data science flywheel. This continually evolving system is trained on behavioral signals, queries, and placement outcomes from more than 700 professional executive search users. The result? An adept mechanism that enhances precision in identifying candidates for even the most challenging executive search assignments.
Traditional staff-level recruiting tools do not accommodate the complexities involved in finding top-tier executive talent. HelloSky counters this shortcoming by offering advanced tools—such as executive competency smart tags and relationship intelligence—which illuminate actionable pathways to ideal candidates. The result is not mere connections but contributions through in-depth employment networks, investment histories, and educational backgrounds.
A Comprehensive Talent Ecosystem
HelloSky is setting new benchmarks in executive talent sourcing and evaluation. By consolidating company, talent, and investor insights into a powerful AI-enabled platform, it introduces market mapping and real-time tracking capabilities. Its recently unveiled SmartRank™ technology revolutionizes how job descriptions are interpreted, translating natural language into structured qualification maps that highlight the most relevant candidates based on an extensive proprietary database.
With functionalities that deliver investor intelligence and smart tagging—assessing parameters like revenue scale and recruitability—HelloSky is removing the inefficiencies associated with using multiple, expensive tools. Firms now have a single platform where they can manage their executive recruitment workflow effectively.
Seamless Integration
To enhance the user experience, HelloSky has integrated with leading applicant tracking systems (ATS) and talent relationship management (TRM) platforms. This seamless integration assists recruiters by centralizing candidate information and promoting collaboration. HelloSky is compatible with popular systems such as Ashby, Clockwork, Gem, and Greenhouse, allowing users to access a comprehensive overview of applicant data without the hassle of frequent platform switching.
Industry Embrace and Recognition
Adoption of the HelloSky platform is gaining momentum across numerous fast-growing executive search firms, including Bespoke Partners and Caldwell Partners. The technology is also gaining traction among venture capitalists and private equity firms, who are leveraging its capabilities to make informed talent decisions across varied portfolios.
In a testament to its impact, HelloSky has been recognized as one of the top tools in G2's ranking of Talent Intelligence Software's High Performer Quadrant.
Lastly, the company anticipates reaching profitability by the fourth quarter of 2025, underscoring its robust growth trajectory and commitment to being a leader in the executive search technology landscape.
For more detailed information about HelloSky and its innovations, please visit
www.hellosky.ai.