France

Jump funding news – Paris-based Jump has Secures €11 Million in Series A Round Funding

Sep 23, 2024 | By Startup Rise EU

Jump funding news - Paris-based Jump has Secures €11 Million in Series A Round Funding

HRtech startup Jump has secures €11 million in series A round funding. With more than 4 million freelancers in France and younger generations dreaming of more than just a traditional career, the world of work is undergoing a profound transformation.

SUMMARY

  • HRtech startup Jump has secures €11 million in series A round funding.
  • Founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet, Jump is an all-in-one platform for freelancers, redefining the world of work.

Important data indicates that one in two Gen Z youth do not desire a regular permanent contract. This responds to modern demands for mobility and flexibility without sacrificing job security.

With more than 2,000 customers, Jump offers the finest social protection (e.g., employer-sponsored health insurance, employee savings plans, etc.), providing a solid foundation of resources and all the advantages of salaried work.

Read also - Ferovinum funding news – London-based Ferovinum Raises £17.5 Million in Series A Round Funding

Nicolas Fayon, co-founder and CEO of Jump: "Today, Jump reconciles younger generations' deep aspirations for freedom with their essential need for security and personal fulfillment. Since our launch in 2021, we have quickly won the hearts of freelancers, becoming leaders in France. This fundraising will not only allow us to accelerate our growth but also to continue developing our offering to meet the demands of the creators of tomorrow across France and Europe."

Index Ventures, RAISE Seed For Good, Roosh Ventures, Atletico Ventures, Inovexus, Mozza Angels, and Side Angels contributed to the fundraising lead by Breega.

With the help of the funding, the fledgling French company will be able to expand quickly and introduce its ground-breaking model throughout France and Europe, including the UK.

Benjamin Deplus, Partner at Breega, shared: "Jump is the answer to societal changes and aspirations related to our relationship with work. Independence no longer means administrative burdens and less social protection. With a strong triptych of Product, Legal Innovation, and Human, Nicolas and his team are reshuffling the industry and creating a new category of freelancers. Choosing freelancing by choice, not by necessity, Jump is by their side to embrace this new chapter in their careers with simplicity and peace of mind. A vision and values that resonate with Breega; we feel privileged to support Jump in this next phase."

About Jump

Founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet, Jump is an all-in-one platform for freelancers, redefining the world of work. By providing freelancers with access to the benefits of salaried employment (social protection, company health insurance, employee savings, financial agility, etc.) and offering access to a base of reliable tools, it is the partner freelancers need to overcome administrative, financial, and professional challenges, while maintaining a balance between their professional and personal lives

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