Blowing up the relocation industry - Featured on TechCrunch
July 25, 2017
Whatever any country leader says about banning travel or shutting down the movement of people, the world is accelerating its globalisation and that means people move around. Duh. Talent is now global, and the industry that helps that talent move is huge.
Thus it is thatMove Guides— a SaaS platform for employee relocation which launched in London but has grown internationally — has closed $48 million in a Series C funding from Future Fund, New Enterprise Associates (NEA) and Notion Capital. That takes its total raised to $91M since it began aiming at disrupting traditional relocation management, a market worth $11 billion, by some estimates.
The Series C round will be used for growing market share for its platform, (currently growing at 200% annually) and infrastructure. It previouslysecureda $15.6 million in Series B funding andpriorto that a $8.2 Million Series A....