Muzzo raises €2.1M from Breega, Kima Ventures & Bpifrance to help companies recruit the best talents
Paris, November 5th – Muzzo, an AI-powered recruitment marketplace, has raised €2.1M in a first round of financing led by Breega, accompanied by Bpifrance and successful entrepreneurs (Xavier Niel, Gonzalo Manrique, and Jonathan Widawski among others). This raise will allow Muzzo to develop its artificial intelligence in order to recruit twice as fast for its clients through headhunting.
Founded in November 2020 by Antoine Gigomas and Pierre-Louis Le Portz, two entrepreneurs from the tech world, Muzzo offers a recruitment solution via a marketplace specialising in matching employers and headhunters.
Muzzo’s observation is simple: for employers, sourcing and recruiting the talents that are essential to their growth is often a complicated and time-consuming process.
According to Antoine Gigomas, CEO of Muzzo:
“Recruitment is the main problem for growing companies in France and Europe: they don’t grow fast enough because they don’t recruit fast enough. Our goal is to boost our clients, help them innovate and gain market share by recruiting quickly”.
Helping companies to better recruit rare profiles thanks to AI
Muzzo offers an algorithm capable of scanning each job offer and listing the best performing recruiters in each job category, based on their location, level of experience, sector expertise and history of successful assignments.
Thanks to its platform and matching algorithm, Muzzo is able to source and introduce companies to the candidates that suit their needs within just a few days.
All administrative procedures are centralised via its platform and companies only have to sign a single contract in order to access the best headhunters on the market, which is a significant time saving for employers and recruiters.
An effective solution for companies of all sizes and sectors
Through its web and mobile marketplace, Muzzo recruits for clients as diverse as Leroy Merlin, Qonto, Payfit, Xerfi, and the Ministry of Culture.
In one year, Muzzo has helped more than 115 companies to recruit, halving the time needed to find the right profile.
To date, all of these clients have heard of Muzzo through word of mouth, and have come to seek its expertise based on its reputation and results. As a result, so far, the Paris-based startup, Muzzo has not invested in communication and marketing, ploughing 100% of its funds into product development and strengthening its algorithms.
Despite its young age, Muzzo already generates a turnover of one million euros. Following this first round of financing, Muzzo will be able to develop its activity in new verticals: health, transport, consulting, finance and accounting, catering and construction.
At the same time, the company plans to grow its team of independent recruiters and specialised firms and integrate more than 600 new partners on the platform.
Its goal? To become the reference marketplace for recruitment in Europe.
Victor Drault, Principal at Breega, concludes:
“As more and more talented recruiters go freelance, Muzzo allows companies to recruit the best profiles quickly with the help of the best specialist hunters. We were immediately attracted to this team, which has always believed that the key to recruitment is the quality of the recruiters, which Muzzo strives to equip to make them as efficient as possible”.