Jump raises €11M to redefine work for younger generations
Jump, the young French startup aiming to transform the working landscape, has raised €11 million in a Series A round led by pan-European fund Breega, with support from Index Ventures and RAISE Seed For Good.
This financing marks a major step in the company's development, enabling it to accelerate its expansion in France and Europe, particularly in the UK. This financing is in response to the growing demand from generations Y and Z for more flexible careers, adapted to their needs for freedom and flexibility.
Since its creation, Jump has established itself as an all-in-one platform combining social security and professional autonomy. Users of the platform can take advantage of social protection, such as company mutual insurance and employee savings schemes, while benefiting from simplified management of their administrative tasks. This hybrid model responds to an underlying trend where more and more young workers are turning away from traditional employment formats, in search of freedom without sacrificing their financial security.
With over 2,000 customers, the startup is growing fast, and this round of funding will enable it to expand its influence on the European market. Jump also aims to double its workforce by 2025, while developing new features to make its offering even more complete. Last May, the company launched "Jump Open", a free version of its platform designed to support those wishing to start their careers independently, while benefiting from structural support.
This round of financing will enable us to accelerate our growth and continue to offer a complete, secure solution to our users, who are looking to reconcile professional freedom with security
Nicolas Fayon, CEO
ACL teams supported Jump in this operation through their auditing services.
