Jump

Jump

End-to-end fan experience software platform

About Jump

Simplify's Rating
Why Jump is rated
C-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

Entertainment

Company Size

51-200

Company Stage

Series A

Total Funding

$29.2M

Headquarters

New York City, New York

Founded

2021

Overview

Jump provides a platform designed to enhance the fan experience for sports teams and venues. Their software helps clients build meaningful relationships with fans, moving beyond traditional engagement methods. By focusing on live event interactions, Jump's solutions allow sports teams and venue operators to create more engaging experiences for attendees. Unlike many competitors, Jump emphasizes a remote-first work culture and core values such as trust and creativity, which guide their operations and recruitment efforts. The company's goal is to transform how fans connect with their favorite teams and events, ultimately improving the overall experience of live sports.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for personalized fan experiences boosts Jump's market potential.
  • Jump secured $30 million in funding to challenge industry giants like Ticketmaster.
  • Remote-first work model aligns with industry trends, aiding talent acquisition.

What critics are saying

  • Involvement with Terraform Labs could lead to reputational damage and legal issues.
  • Brand confusion with Jump Inc acquisition by AirHop may affect market identity.
  • Entering a market dominated by Ticketmaster could lead to aggressive competition.

What makes Jump unique

  • Jump offers a personalized fan experience platform for sports teams and venues.
  • Founded by Marc Lore, Alex Rodriguez, and Jordy Leiser in 2021.
  • Jump emphasizes core values like trust, authenticity, and creativity in a remote-first environment.

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Funding

Total Funding

$29.2M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Jump
$100M
GitHub

Benefits

Remote Work Options

Competitive salary and equity

Unlimited Paid Time Off

401(k) Retirement Plan

Generous medical, dental and vision plans

Paid Parental Leave

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

16%

2 year growth

29%
The Business Desk
Sep 23rd, 2024
Jump Inc Acquired by AirHop

Jump Inc, one of the UK’s largest trampoline and indoor children’s leisure park operators, has been acquired by Norwegian private equity-backed competitor AirHop. AirHop, owned by Activeon and backed by Equip Capital, operates 18 UK centres. Jump Inc, founded in 2015, has eight sites and over 500 employees. Directors Brockelbank, Shipley, and Poole will stay on as consultants. Castle Square Corporate Finance and Lupton Fawcett advised on the deal.

Crain's Chicago Business
Mar 26th, 2024
Chicago lender Curo goes bankrupt as debt pile takes toll

The SEC alleges Jump secretly entered into an arrangement with Terraform Labs to prop up its TerraUSD a year before it collapsed.

South Asian Central
Nov 14th, 2023
SAC Elevates Travel Experience with the Launch of Exclusive Jump Luggage Section

South Asian Central, the go-to marketplace for South Asian products in North America, is excited to announce the much-anticipated launch of its dedicated travel section, featuring the renowned French luggage brand Jump.

PYMNTS
Mar 21st, 2023
Taylor Swift Jam Puts Ticketmaster On Defense As Jump And Others Make Moves In Ticketing

A Taylor Swift ticketing dustup late last year has put an unwelcome spotlight on the event ticketing sector at a time when changes are coming to an industry that’s effectively been dominated by one name for over a decade. Think about this: In January, The Senate Judiciary Committee held a hearing called “That’s the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment” during which Sen. Amy Klobuchar (D-Minn.) said, without a hint of irony: “I just want to dispel this notion that this is not a monopoly and then we can go from there about solutions.”. Klobuchar was referring to Ticketmaster and its event promotion division Live Nation, which controls an estimated 70% of ticket sales for major events. The company came under fire for website crashes that prevented fans from procuring tickets to see Swift’s latest tour, widening the aperture for disruptors to move into the space

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