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This brand name could be ideally suited to a company in the social or dating sectors.
The word "heylio" contains only six characters and three syllables. Leading companies using three syllable names include Adobe, Microsoft and Adidas.
This domain was first registered in January 2018. Older domains have an advantage when ranking in search engines.
Heylio.com is a .com domain. Dot com domains are the most desirable top-level-domain in the world, used by famous websites like twitter.com. Owning a .com says that you own the word "heylio" online.
One suggestion for how this name could sound when used.