Varshini
2024-10-18 08:33:00
gbhackers.com
Ukrainian Roosh Ventures has invested in the French freelance platform Jump. This was announced by tech entrepreneur and co-founder of the Roosh investment fund, Serhiy Tokarev, on his LinkedIn page: “Thrilled to announce that Roosh Ventures is backing Jump, a platform that’s changing the game for freelancers.”
Jump is a universal platform aiming to make freelancing simpler and more flexible. It provides freelancers with opportunities and guarantees that are usually available only to employees: social security, corporate health insurance, and savings programs.
The platform allows for easy and efficient management of accounting and payroll. Contracts with Jump ensure income stability, social guarantees, access to credit, medical insurance services, and benefits. Additionally, the startup provides access to tools for daily work: virtual cards, invoicing systems, and activity tracking.
“Jump handles all the tough stuff — payroll, accounting, benefits — so freelancers can focus on what they do best. It’s a complete solution, and that’s why we’re excited to be part of their journey. With Breega, Index Ventures, Raise Ventures and Roosh Ventures on board, Jump is set to scale beyond France and help freelancers worldwide. Big things ahead, and we couldn’t be more excited to support them!” — said Serhiy Tokarev.
The amount of Roosh’s investment is not disclosed, but overall, the startup managed to raise €11 million in a Series A round.
By the end of the year, Jump plans to double its team size to popularize the platform among millennials and Gen Z. The funds raised will be used to expand its presence in France, the UK, and Europe in general.
The French company Jump was founded in 2021 by Nicolas Fayon, Thibault Coulon, and Maxime Bouchet. In its first year, the startup raised €4 million in investments. Today, nearly 2,000 freelancers use the platform, and its annual turnover is €150 million.
To recap, Roosh Ventures is a new type of investment group that invests in promising tech startups from Pre-seed to Series A stages. Roosh reinvests earnings from successful deals rather than forming traditional funds with a multi-year lifespan. The fund has offices in Kyiv, Paris, and London.
Roosh invests, co-builds and scales companies with a focus on profitability in AI/ML, Gaming, Fintech, Consumer & Entertainment Apps, Marketing & AdTech and accelerates growth and increases profitability of businesses through strong expertise in building technology businesses, ensuring cost-effective development and cost optimization, strategic guidance and operational support for founders and teams.
Roosh Ventures has already invested in over 40 startups, including Deel, TheGuarantors, Oura, Pipe, Alma, Playco, Dapper Labs, Alter. Co-investors include funds like a16z, Sequoia Capital, Greylock, NEA, Insight Partners, Tencent.
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