Helping growing companies grow even faster, recruitment marketplace Muzzo raises €2.1 million

Funding Rounds

▤ Summary

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. “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. 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. Muzzo’s €2.1 million funding round was led by Breega, accompanied by Bpifrance and angel investors including Xavier Niel, Gonzalo Manrique, and Jonathan Widawski amongst others.

$ Funding

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Amount $2.4M Total raised
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Date November 23, 2021 Announcement date
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Investors Bpifrance SME Accelerator, Breega Lead investors
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Company https://www.muzzo.io/ Funded company

◇ AskAI Classifications

Sectors
Fintech, Banking and Payments General FinTech
Functions
Human Resources Developer and IT Infrastructure Workforce Management

▦ Linked Companies

PayFit
$50M to $100M