Parisian AI-powered recruitment marketplace Muzzo has raised €2.1 million in its first round of financing. The company’s aim is to help growing companies grow even faster by offering a recruitment marketplace that specialises in matching employers and headhunters.
The funding will allow Muzzo to continue to develop its proprietary artificial intelligence solution, grow its team of independent recruiters and specialised firms and integrate more than 600 new partners on the platform, and venture into new verticals including health, transport, consulting, finance and accounting, catering and construction.
“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,” explains CEO Antoine Gigomas. “Our goal is to boost our clients, help them innovate, and gain market share by recruiting quickly”.
Founded in 2020, Muzzo’s algorithm scans each job offer an employer has up for grabs and outputs a list of the best performing recruiters in each job category based on location, experience level, how familiar they are with any given sector, and perhaps most importantly, track record of successful placements. According Muzzo, their service is capable of providing clients with their first application within 48h and a job filled in less than 3 weeks.
So far, the company has spent zero cash on marketing and advertising and yet helped more than 115 companies including Leroy Merlin, Qonto, Payfit, Xerfi, and the Ministry of Culture successfully fill positions with quality hires, resulting in a turnover of one million Euros.
“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,” commented Breega’s Victor Drault.