Localyze Raises $12 Million in Series A

by Kay Aloha Villamor in August 17th, 2021

Localyze has raised $12 Million in Series A funding led by Blossom Capital for a SaaS that supports staff relocations and hiring across borders. Previous investor Frontline Ventures also participated, with a number of angel investors joining the round — including Andrew Robb (ex-Farfetch); Des Traynor, co-founder and CSO at Intercom; Hanno Renner, co-founder and CEO at Personio; David Clarke, former CTO at Workday; and Michael Wax, CEO of Forto.

Company: Localyze Inc.

Raised: $12.0M

Round: Series A

Funding Month: July 2021

Lead Investors: Blossom Capital and Frontline Ventures

Additional Investors: Andrew Robb, Des Traynor, Hanno Renner, David Clarke, and Michael Wax

Company Website: https://www.localyzeapp.com

Software Category: Relocation management software

About the Company: Localyze offers a software solution for relocation management. Localyze supports international employees throughout the whole relocation process with an all-in-one software solution covering everything from visa to social integration. Localyze provides an overview of the current relocation process status of all international employees within the relevant categories (visa, insurance, banking) for the recruiting department. Localyze guides internationals through the whole relocation process with a personalized dashboard showcasing next to do's, deadlines, and other relevant information. Localyze covers a wide range of topics - ranging from visa and mobile phone contracts to cultural integration. In each category, only relevant information tailored to the individual personality profile is displayed.

Source: https://techcrunch.com/2021/07/07/localyze-raises-12m-for-a-saas-that-supports-cross-border-hiring-and-relocation/

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