French HRtech startup Jump has raised €11 million Series A.
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.
Key figures show that 1 in 2 young people from Gen Z do not want a traditional permanent contract. This reflects new needs: flexibility and mobility while maintaining job security.
With over 2,000 clients, Jump provides access to the best of social protection (company health insurance, employee savings, etc.), giving them a reliable base of tools and all the benefits of salaried employment.
According to 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."
Breega led the funding with participation from Index Ventures, RAISE Seed For Good, Roosh Ventures, Atletico Ventures, Inovexus, Mozza Angels, and Side Angels.
The fundraising will allow the young French startup to accelerate its growth and roll out its innovative model across France and Europe, including the United Kingdom.
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."
Lead image: Jump. Photo: uncredited.
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