Summary of Jump raises $12M to help freelancers get benefits just like employees | TechCrunch

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    Jump: A Modern Umbrella Company for Freelancers in France

    Jump, a French startup, is revolutionizing the freelance landscape in France by offering full-time contracts with benefits to freelancers. This innovative approach provides stability and advantages typically associated with traditional full-time employment while allowing freelancers to maintain their independence.

    • Jump provides full-time contracts with benefits for freelancers in France.
    • This allows freelancers to enjoy the benefits of full-time employment while maintaining their independent status.

    Jump's Services for Freelancers in France

    Jump acts as an administrative partner for freelancers, taking care of payroll, benefits, and other administrative tasks. Freelancers remain independent and can work with multiple clients, negotiating their contracts directly. Jump's services include:

    • Payroll and pay slip generation
    • Health insurance contracts through Alan
    • Meal vouchers through Swile
    • Access to employee savings schemes
    • National healthcare registration and pension contributions

    Jump's Funding and Expansion Plans

    Jump recently secured €11 million in Series A funding, led by Breega, with participation from Index Ventures and Raise Ventures. This funding will support the startup's growth and expansion plans.

    • Jump raised €11 million in Series A funding.
    • This funding will be used for growth and expansion.

    Benefits and Trade-offs of Using Jump

    While Jump offers significant benefits to freelancers in France, there are also some trade-offs to consider.

    • Benefits: Stability, full-time contract, health insurance, pension contributions, access to employee savings schemes.
    • Trade-offs: Corporate contributions deducted from pay, monthly fee of €99.

    Jump's Free Offering for New Freelancers

    Jump offers a free package for new freelancers in France to help them get started. The package includes a free professional bank account with a virtual debit card, an invoicing tool, and a dashboard for financial tracking.

    • Jump offers a free package for new freelancers.
    • This package includes a free bank account, invoicing tool, and financial tracking dashboard.

    Jump's Future Plans: Expanding Services and Geographical Reach

    Jump plans to expand its services beyond software developers, data engineers, project managers, creative consultants, and sports coaches. They aim to support B2C sellers and plan to expand to other countries, starting with the U.K.

    • Jump plans to expand services to B2C sellers.
    • They will expand to other countries, starting with the U.K.

    Conclusion: Jump's Impact on the Freelance Landscape in France

    Jump is providing a valuable service to freelancers in France by offering them the stability and benefits of a full-time contract while allowing them to maintain their independence. Jump's services are particularly appealing to freelancers who are looking for a more structured work environment and who want to enjoy the benefits of full-time employment.

    • Jump is providing a valuable service to freelancers in France.
    • They are bridging the gap between freelancing and full-time employment.

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