Eagan-Based Jump Technologies Is Raising $3.5m

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Jump Technologies headquartered in Eagan, Minnesota, is raising a $3.5m equity funding round with ~$1m secured according to this SEC disclosure.

Formed in 1998 and led by CEO John Freund, Jump Technologies has since gone all in on the healthcare sector with the JumpStock cloud + mobile inventory management SaaS for hospitals.

Jump received atleast $1m in strategic investment in 2014, that sources say came from United Health Group, although Fruend has not confirmed.  The company has about 20 employees now, with growth in implementation and development, as well as sales.  In the past year, they’ve closed deals with around 22 healthcare organizations, most of which are multi-hospital / multi-facility systems.

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