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The Muzzo Group of Companies is a diversified entity with significant interests in real estate and construction. The firm focuses on property development, including residential condominiums and townhouses. Its integrated approach covers comprehensive project execution, from land acquisition to final delivery, positioning it as a multifaceted developer.
The company’s origins trace to Marco Muzzo Sr., who emigrated to Canada and entered the building trade. Supported by his brother Elio, Marco Muzzo Sr. formed key partnerships, notably with Fred DeGasperis, to undertake development projects. This collaborative spirit and understanding of urban growth propelled the company’s expansion and prominent role in the Toronto real estate landscape.
The Muzzo Group serves diverse clients, primarily individuals and families seeking residential properties, alongside businesses. Its vision centers on continued growth within real estate and construction. It aims to perpetuate its legacy by developing enduring properties and contributing to urban infrastructure, adapting to market demands and upholding operational standards.
Muzzo has raised $2.0M across 1 funding round.
Muzzo has raised $2.0M in total across 1 funding round.
Muzzo is a Paris-based technology company founded in 2020 that operates an AI-powered recruitment marketplace, connecting growing companies with top-performing freelance recruiters and specialized firms to fill positions faster and more efficiently[1][2][4][5]. It serves HR teams, procurement, and finance across industries like IT, health, transport, consulting, finance, accounting, catering, and construction, solving the problem of talent shortages amid fierce competition by matching employers with recruiters based on track record, location, experience, and sector expertise—delivering first applications in under 48 hours and fills in less than three weeks[1][2][3][5]. With zero marketing spend initially, Muzzo achieved €1 million in turnover by helping over 115 clients including Leroy Merlin, Qonto, Payfit, Xerfi, and the French Ministry of Culture, and raised €2.1 million ($2.37M) in seed funding in 2021 led by Breega[1][2][6].
Muzzo was co-founded in 2020 by serial entrepreneur Antoine Gigomas and Pierre-Louis Le Portz in Paris, France, amid rising freelance talent in recruitment and companies' struggles to hire amid post-2019 vacancy spikes (67% increase per French government data)[2][4][5]. The idea emerged to leverage AI for matching employers directly with the best specialist headhunters, bypassing inefficient traditional methods, with early traction via word-of-mouth leading to 115 clients and €1M turnover without ads[1][2]. A pivotal moment was the November 2021 €2.1M seed round led by Breega, with Bpifrance and angels like Xavier Niel, Gonzalo Manrique, and Jonathan Widawski, fueling algorithm refinement, team growth, and expansion into new verticals[1][2][6].
Muzzo rides the wave of AI democratization in HR tech and the freelance economy boom, where talented recruiters increasingly go independent amid 67% vacancy rises since 2019, making hiring a top growth bottleneck[2][5]. Timing aligns with post-pandemic talent wars and digitalization demands, especially in IT where rapid tech evolution requires adaptive experts; market forces like cost pressures and efficiency needs favor marketplaces over traditional agencies[1][3]. It influences the ecosystem by accelerating hires for scale-ups (e.g., Qonto, Payfit), reducing time-to-fill, and enabling vertical expansion, positioning France's tech scene as a hub for recruitment innovation[1][2].
Muzzo's traction without marketing and quick scalability signal strong product-market fit in a recruiting market strained by talent scarcity. Next steps likely include algorithm enhancements for twice-faster matching, marketing ramp-up, and deeper vertical penetration like health and construction, potentially growing its 26-employee team and partner base beyond 600[1][2][4]. Trends like AI advancements and remote/freelance shifts will amplify its edge, evolving it from French leader to broader European player—unlocking growth for companies just as it promised from day one.
Muzzo has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $2M Seed | — | 50 Partners Impact, Amazon Alexa Fund, Basecase Capital, Breega, Daphni, Eclipse Ventures, EFounders, Kima Ventures, M13, Pareto Holdings, Rainfall Ventures, #secretfund, Sequoia Capital, Serena Capital, Speedinvest, Alexis Bonillo, Antoine Martin, DAN Siroker, Darius Contractor, Franck LE Ouay, Guillaume Lestrade, Humberto Ayres Pereira, Karl Jacob, Michael Benabou, Nicolas Steegmann, Oleg Tscheltzoff, Paulin Dementhon, Pierre Valade, Scott Belsky, Thibaud Elziere, TOM Williams | Announced |
Muzzo has raised $2.0M in total across 1 funding round.
Muzzo's investors include 50 Partners Impact, Amazon Alexa Fund, Basecase Capital, Breega, Daphni, Eclipse Ventures, eFounders, Kima Ventures, M13, Pareto Holdings, Rainfall Ventures, #SecretFund.
