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Paris-Based Jump Raises €11M Series A to Provide Freelancers with Full-Time Benefits
Sep 24, 2024
Paris-based Jump has raised €11 million in a Series A funding round led by Breega, with Index Ventures and RAISE Seed For Good also participating. Jump provides freelancers with the benefits of full-time employment, including social protections like health insurance and savings plans, while maintaining their independence. With over 2,000 clients, Jump is redefining work for younger generations who seek flexibility and security. The new funds will accelerate Jump's growth across France and Europe, targeting Gen Z and Y workers who prioritize freedom in their careers. Jump plans to double its workforce by 2025 as it expands into new markets, including the UK.



Paris-based startup Jump has successfully raised €11 million in a Series A funding round led by pan-European fund Breega, with participation from Index Ventures and RAISE Seed For Good. The funding marks a significant milestone for the company, which is reshaping the future of freelancing by offering full-time employment benefits to independent workers.

Founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet, Jump aims to address the growing demand among younger generations for flexible work arrangements without sacrificing job security. With over 4 million freelancers in France, and half of Gen Z opting out of traditional permanent contracts, the startup is well-positioned to cater to this shifting landscape.

Jump’s innovative platform provides freelancers with access to benefits typically reserved for full-time employees, such as health insurance, pension contributions, and employee savings schemes. Freelancers remain independent, working with multiple clients while enjoying the stability of a permanent contract. The platform has already attracted over 2,000 users, offering tools to simplify administrative tasks like invoicing and payroll management.

Nicolas Fayon, Jump’s co-founder and CEO, emphasized that the funding will enable the company to accelerate its expansion across France and Europe, including entry into the UK market. “We’re meeting the aspirations of younger generations who seek freedom in their careers but also want security. Jump provides the best of both worlds,” Fayon stated.

The funds will also allow Jump to double its workforce by 2025 as it seeks to raise brand awareness among Gen Y and Z workers. With a solid foundation of clients and support from high-profile investors, Jump is set to become a key player in the future of work, particularly as freelancing continues to gain traction among younger workers.

Benjamin Deplus, partner at Breega, expressed confidence in Jump’s future, stating, “Jump is the solution for those looking to embrace freelance work without the administrative headaches and loss of social protections. We are proud to support them as they create a new standard for independent workers.”

As Jump continues to grow, it aims to redefine the boundaries between freelancing and full-time employment, offering a sustainable model for independent workers to achieve both professional and personal fulfillment.
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