GERMANY – jumingo, a Bergisch Gladbach, Germany-based digital shipping marketplace, raised approx. €1m in angel funding.
The round was led by Tim Schumacher (TS Ventures) with participation from existing backers Ryan Hood and Arno Nonnen. The company intends to use the funds to consolidate in Germany, expand into other European countries, and grow its offering increasing the number of partnering international carriers and regional and specialized couriers. Co-founded in 2017 by Sascha Goldstein and Kai Kleuser, Jumingo is a shipping platform which enables processes such as international shipping and helps customers, both commercial and private customers, find the right tariff. The company works with service providers worldwide, including TNT, DHL Express or UPS. With jumingo you have the possibility to book national and international shipping, as well as express and same-day deliveries. The service has been already used by over 100,000 online merchants, SMEs and stores. 20/03/2020
