French startup Jump has raised €11 million in a Series A round from a number of investors including the Ukrainian venture capital fund Roosh Ventures. The company will use the funds to scale its business in Europe, particularly in France and the UK, and double its team by 2025. The fund told AIN the details of the deal.
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Jump was founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet. It offers a freelancer platform that combines self-employment with benefits like income stability, social security, loans, and health insurance.
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The platform offers access to a database of tools that freelancers need to overcome administrative, financial and professional challenges. The company charges a flat fee of €79 per month.
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Apart from the Ukrainian fund Roosh Ventures, other investors included Breega, Index Ventures, RAISE Seed For Good, Atletico Ventures, Inovexus, Mozza Angels, and Side Angels.
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Before the current round, Jump raised its first funding round of €4 million in 2021. The startup currently serves 2000 customers and has an annual business volume of €150 million.
Jump plans to use the raised funds to scale its business in Europe, particularly in France and Great Britain, and to double its team by 2025.
About Roosh Ventures
Roosh Ventures is a venture capital fund that invests in startups in various industries, focusing primarily on enterprise SaaS solutions, fintech, gaming, and AI products.
In a comment to AIN, the representative of the fund did not specify the investment amount, but indicated the range: Roosh Ventures invests tickets from $100,000 to $1 million.
AIN reminds that previously, Roosh Ventures invested in Permit.io, an Israeli startup founded by former Facebook, Microsoft and Rookout engineers.
