Paris-Based Jump Secures €11 Million to Revolutionize the Gig Economy

Jump, a Paris-based startup, has raised €11 million to revolutionize the freelance workforce by offering freelancers financial security, administrative support, and flexible working conditions. As it expands across Europe, Jump is transforming how Gen Z and millennials view freelancing, empowering them with a secure and sustainable work model.

Manit Sinha
12 Min Read
Paris-based Jump secures €11 million in Series A funding to revolutionize freelance work for younger generations, with plans to expand across Europe

Jump’s €11 Million Series A: A Game-Changer for Freelance Workforce

Jump CEO, Mathieu Giry, expressed his excitement:
“This funding will allow us to scale our platform across Europe, empowering freelancers with the security and flexibility they need to thrive in today’s rapidly changing job market.”

The Shifting Workforce: Why Younger Generations Seek Flexibility

  1. The desire for better work-life balance.
  2. The opportunity to work remotely from anywhere.
  3. The ability to pursue multiple passions simultaneously.
  4. Increased independence in managing one’s schedule.

Jump’s Vision: Redefining Freelancing with Security and Mobility

Jump is also investing heavily in technology, creating a seamless platform that integrates with other freelancer tools and platforms.

As CEO Mathieu Giry notes: “We are focused on creating a platform that simplifies the freelancing experience, making it easier for people to enjoy the benefits of both salaried employment and freelancing.”

How Jump Aims to Impact Freelancers Across Europe

  1. Consistent income: Freelancers are paid a regular salary, helping them manage their finances more effectively.
  2. Access to benefits: Freelancers gain access to social security, health insurance, and retirement plans, reducing the risks associated with freelancing.
  3. Administrative support: Jump handles invoicing, taxes and other administrative tasks, allowing freelancers to focus on their work.
  4. Mobility: Freelancers can work from anywhere in Europe, with Jump handling the legal and administrative complexities.

The Role of Key Investors: Breega, Index Ventures and RAISE Seed For Good

These investors see tremendous potential in Jump’s vision of transforming freelancing in Europe.

As Breega’s Managing Partner stated:“Jump is at the forefront of a significant shift in the workforce, offering freelancers the security and benefits they deserve without sacrificing flexibility. We are excited to support their mission to empower the next generation of workers.”

Jump’s Future: Scaling Across Europe and Beyond

Jump’s Role in Democratizing Freelance Independence

Conclusion: Jump’s Impact on the Freelance Economy

Disclaimer

The opinions expressed in this article are those of the author alone and do not necessarily reflect the views of Entrepreneur Villa, its creators or staff. Entrepreneur Villa is not responsible for the accuracy or reliability of any information presented in this content.

Frequently Asked Questions:

1. What is Jump, the Paris-based startup?

Jump is a Paris-based startup that provides innovative solutions for freelancers, focusing on creating a secure and flexible work environment for younger generations like Gen Z and millennials.

2. How much did Jump raise in Series A funding?

Jump successfully raised €11 million in Series A funding, which will be used to expand its freelancer platform across Europe and enhance its services.

3. How is Jump transforming the freelance workforce?

Jump is reshaping the freelance workforce by offering administrative support, financial security, and flexibility, making it easier for freelancers to focus on their work without worrying about traditional employment constraints.

4. Who are the investors behind Jump’s €11 million Series A?

Jump’s Series A funding was led by Breega, with participation from Index Ventures and RAISE Seed For Good, all prominent investors in innovative workforce transformation startups.

5. Why is Jump’s platform popular with Gen Z and millennial freelancers?

Jump appeals to Gen Z and millennial freelancers due to its focus on flexibility, independence, and providing security such as social protection and financial stability, key concerns for the younger workforce.

6. What is Jump’s vision for the future of freelancing in Europe?

Jump aims to redefine the freelancing model across Europe by expanding its services, offering comprehensive administrative and legal support, and making freelancing more accessible and sustainable for younger generations.

7. How does Jump support freelance job security?

Jump provides freelancers with job security by offering employment contracts that include social benefits like healthcare and pensions, giving freelancers more stability in their careers.

8. How will Jump use the €11 million Series A funding?

Jump plans to use the €11 million to scale its operations across Europe, enhance its platform’s capabilities, and continue providing innovative solutions for the modern workforce.

9. What makes Jump’s freelance platform unique?

Jump stands out by combining the freedom of freelancing with the security of traditional employment, offering legal, administrative, and financial support, all in one platform.

10. How can freelancers join the Jump platform?

Freelancers can join the Jump platform by signing up on their official website, where they will receive comprehensive support tailored to their needs, from administrative assistance to secure employment contracts.

Share This Article
Leave a comment
error: Content is protected !!