Series A financing for Jumingo

Janina Gerhardt Janina Gerhardt | 30.08.2022

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

The start-up Jumingo raises a mid-single-digit million amount in its Series A round. The lead investor in the round is Cologne-based investor Equivia Partners. Neoteq Ventures is also participating. Business angels Tim Schumacher, Ryan Hood and Arno Nonnen, who have already invested, are again investing in the company.

"With the funds raised, we will 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 startup. Founded in 2017, the company has developed a digital logistics platform where customers can compare prices and delivery times for shipments and order the shipment directly. The service is aimed at both businesses and private customers. According to its own information, Jumingo ships in a CO2-neutral manner.


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