French workforce startup Jump has raised €11 million in Series A funding to enhance its platform and expand across Europe.
The round was led by Breega, with participation from Index Ventures, Roosh Ventures, and RAISE Seed For Good. Following an earlier €4 million round in 2021, this new funding will help the french company further its mission to support Gen Y and Z workers pursuing freelancing.
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Simplifying Freelance Work for Young Professionals
Founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet, Jump offers freelancers the benefits of salaried employment while managing the complexities of freelance work. The platform provides a range of services, including permanent contracts, social protection, loans, health insurance, and tools to streamline administrative and financial tasks. Recently, Jump launched Jump Open, a free solution for aspiring freelancers.
Expanding Across Europe
The startup currently supports nearly 2,000 freelancers and manages an annual business volume of €150 million. With this new funding, the company plans to double its workforce by 2025 and enhance brand awareness across France, the UK, and Europe. Co-founder Nicolas Fayon noted that the company is on a mission to combine the freedom of freelancing with the security of traditional employment, targeting the next generation of freelancers.
