Series A financing for Jumingo

The shipping marketplace aims to digitize the logistics industry. The start-up's offering is aimed at both business and private customers.
News by Janina Gerhardt Janina Gerhardt · Stuttgart, 30. August 2022

The shipping marketplace aims to digitize the logistics industry. The start-up's offering is aimed at both business and private customers.

The start-up Jumingo is raising a mid-single-digit million amount as part of its Series A round. The lead investor in the round is the Cologne-based investor Equivia Partners. Neoteq Ventures is also participating. The previously invested business angels Tim Schumacher, Ryan Hood and Arno Nonnen are investing in the company again.

"We will use the funds raised to further expand our own shipping service 'Jumingo Express' and continue to grow, especially in the German express market," says Sascha Goldstein, founder and CEO of the start-up. Founded in 2017, the company has developed a digital logistics platform on which customers can compare prices and delivery times for shipments and order the shipment directly. The service is aimed at both companies and private customers. According to its own information, Jumingo ships CO2-neutral.


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