MOVE Guides takes total funding to $30m with Series B round
Talent mobility platform founded by Young Gun Brynne Herbert has announced appointment of first company president, Jim Drill
MOVE Guides, the tech start-up founded by 2015 Young Gun Brynne Herbert, has raised over $15m in Series B funding led by Notion Capital and New Enterprise Associates (NEA); taking its total investment to $30m.
Launched in July 2012, Startups 100-listed MOVE Guides partners with HR and finance departments to manage and deliver full global mobility programmes for new hires, relocations projects and expatriate assignments across 200 locations and has offices in London, New York, San Francisco and Hong Kong.
Since its Series A round last year, the business claims to have increased revenue by more than 500% and has bolstered its client base which includes customers such as Société Générale, OpenTable and Adobe.
The new funding will be used to launch new products to improve employee relocation and to help companies estimate, manage and optimise costs.
The news coincides with the company’s expansion of its leadership team with the appointment of its first president Jim Drill. A veteran of the technology space, Drill will be based in San Francisco and will help lead the business as it looks to grow worldwide.
MOVE Guides’ Herbert said she was “thrilled” to be able to achieve the company’s plans for its ‘talent mobility cloud’:
“Companies today know that attracting, deploying and retaining talent at a global scale is critical to their business success.”
Notion Capital partner, Jos White, commented:
“In a short period of time, MOVE Guides has established traction in the US and Europe with companies of all sizes. The company is the clear leader in offering a next generation, cloud platform to power global mobility programmes. We are thrilled to increase our stake and welcome an expanded leadership team to the company.”