MOVE Guides Announces $8.2 Million Series A Funding from New Enterprise Associates (NEA) and Notion Capital
MOVE Guides announced today that it has closed $8.2 million in Series A funding led by New Enterprise Associates (NEA). Existing investor Notion Capital also participated in the round. MOVE Guides has grown more than 10x in the last 12 months, and is working with companies like SurveyMonkey and lululemon athletica to deliver employee mobility across more than 150 locations around the world.
“Over the next 3-5 years, 75% of companies expect to increase their volume of mobile employees-yet just 2% consider their global mobility function world-class today,” said MOVE Guides’ Founder Brynne Herbert. “Talent mobility is a huge pain point for HR departments, and our market leading Talent Mobility Cloud is their answer.”
MOVE Guides’ Talent Mobility Cloud is the leading cloud solution for the $15bntalent mobility industry, an emerging area of HR that involves moving talent around the world for new jobs, relocations, projects and expatriate assignments. Companies spend $150bn annually moving talent, and the process is mired with complex and time-consuming processes, high compliance burdens when operating across many countries, and challenges to delivering a great employee experience.