Jump, a French HRtech startup redefining the future of work for freelancers, has announced the completion of its €11 million Series A funding round. The investment, led by pan-European fund Breega, also saw participation from prominent investors such as Index Ventures, RAISE Seed For Good, Roosh Ventures, Atletico Ventures, Inovexus, Mozza Angels, and Side Angels. This funding marks a significant step in Jump's mission to reshape the workforce for younger generations across France and Europe, particularly Gen Y and Z, who are seeking greater freedom, flexibility, and job security.

Transforming Work for Gen Y and Z

The global workforce is undergoing a significant transformation, with traditional employment structures being questioned by younger generations. In France alone, over four million freelancers are redefining their careers as they move away from permanent contracts and embrace more flexible work options. A growing trend among Gen Y and Z is the preference for freelancing, with statistics showing that one in two young people from Gen Z no longer desires a traditional permanent contract. This shift reflects a deep-rooted need for flexibility and mobility, coupled with the demand for security in their professional lives.

Founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet, Jump was designed to address these evolving needs. With more than 2,000 clients, the startup provides freelancers access to the same benefits as salaried employees, including social protection, health insurance, employee savings, and a robust set of tools that ease administrative burdens. Jump's all-in-one platform allows freelancers to focus on their careers without worrying about the complexities of self-employment, positioning itself as a vital partner for the modern workforce.

Jump's Mission and Expansion Plans

Jump's innovative model is centered on providing freelancers with the best of both worlds—freedom and security. The platform not only simplifies the administrative side of freelancing but also offers comprehensive social protections and tools that ensure freelancers can work with peace of mind. With this latest funding round, Jump aims to accelerate its growth and expand its presence in both France and Europe, including the United Kingdom.

This Series A investment, particularly in a challenging economic climate, underscores the confidence investors have in Jump’s potential to transform the freelance economy. Breega, the lead investor, highlighted how Jump is addressing the changing societal attitudes toward work by creating a new category of freelancers. According to Benjamin Deplus, partner at Breega, Jump's combination of legal innovation, product development, and human-centric solutions is reshuffling the industry, making freelancing a more attractive option by choice, not necessity.

Looking Ahead: Jump's Vision for the Future

Jump’s ambitious plans to disrupt the workforce are underscored by its goal of doubling its workforce by 2025. The startup aims to expand its innovative platform and provide even more comprehensive support to freelancers across Europe. As part of its growth strategy, Jump is focused on building brand awareness among younger generations, positioning itself as the go-to solution for those seeking a balance between flexibility and security in their careers.

Nicolas Fayon, co-founder and CEO of Jump, emphasized that the company’s mission is to align the aspirations of younger generations with their need for job security and personal fulfillment. Since its inception in 2021, Jump has quickly gained traction among freelancers, positioning itself as a leader in the French freelance ecosystem. This latest funding round will enable Jump to continue evolving its offering, meeting the growing demands of freelancers across France and Europe.

Jump’s €11 million Series A funding marks a pivotal moment in the startup’s journey to redefine the freelance economy. By providing freelancers with the tools and protections they need to thrive, Jump is at the forefront of a broader shift in the workforce, driven by younger generations seeking greater autonomy in their careers. With the support of top-tier investors like Breega, Index Ventures, and RAISE Seed For Good, Jump is poised to accelerate its growth and reshape the future of work for freelancers across Europe.