MOVE Guides announced today that it has closed a $1.8 million seed funding round from Notion Capital, NEA and a number of angel investors bringing its total funding to $2.4 million. The mission of the London-based startup is to transform the $40bn employee relocation industry with a software-as-a-service (‘SaaS’) platform that leads to significantly reduced costs, greater productivity and improved employee satisfaction.
MOVE Guides stated that it has grown quickly since its service was released a year ago. Clients, ranging from large multi-national firms to startups, have already completed thousands of employee moves with an employee satisfaction rating of 99%. MOVE Guides service is now available for moves to more than 80 cities on six continents.
MOVE Guides was borne out of Herbert’s own frustration moving internationally as an expat investment banker and founded during her MBA at London Business School. The customizable software-as-a-service platform brings together technology and service to provide a great relocation experience to both employees and companies.
Jos White, Partner at Notion Capital, stated: “The service takes advantage of three of the biggest trends in the technology industry – cloud computing, mobile and internationalisation – and meets the expectations of a new generation of employees,”.