French startup, Jump, aiming to redefine freelancing with full-time perks, has secured €11 million in Series A funding, led by Breega, with participation from Index Ventures and Raise Ventures.
Jump offers freelancers full-time contracts without compromising their independence. Through its administrative service, freelancers retain the freedom to work with multiple clients and negotiate their terms, while benefiting from stability, healthcare, and other perks typically reserved for employees.
With this latest funding, Jump builds on its €4 million (around $4.5 million) 2021 raise, now supporting over 2,000 freelancers. By invoicing clients through Jump, freelancers create payslips and receive a steady salary, even during off-peak periods. This model allows them to contribute to national healthcare and pension systems, access insurance via Alan, meal vouchers from Swile, and employee savings schemes.
Jump's subscription costs €99 monthly, with corporate contributions deducted from freelancers’ pay. Despite this, many embrace the blend of independence and security. For newcomers, Jump recently introduced a free option with a professional bank account, virtual debit card compatibility, and invoicing tools to help them manage initial clients.
Co-founder and CEO Nicolas Fayon shared that Jump plans to expand its offerings to support B2C sellers and enter the U.K. market with a local umbrella company, reinforcing its mission to make freelancing as secure as full-time employment.