PerchPeek raises $11M to woo ‘nice resignation workers’ with simple relocation

Relocating workers can contain as much as 20-30 completely different complicated processes, whereas most of the assist packages in the marketplace might be rigid and costly. Plus, relocating companies are often solely accessible to firm leaders, not employees. However a fair greater subject looms over corporations at this time: the ‘nice resignation’ introduced on by the pandemic, as workers search out new alternatives overseas. Can providing simpler relocation woo them into staying on?

PerchPeek, is a relocation platform that has now raised £8m in Sequence A funding to handle this worker relocation downside – and make it simpler for corporations to acquiesce to worker requests to maneuver places. The increase was co-led by Stage 2 Capital and AlbionVC.

In a joint assertion, Paul Bennett, Dr. Ace Vinayak, and Oliver Markham, co-founders of PerchPeek, remark: “By bringing all of the processes into one platform, with nice assist at accessible value factors, we assist each the relocating worker with their transfer but additionally their employer present a high-value worker profit.” 
 
Based on Beroe, a SaaS-based procurement analytics supplier, the worldwide worker relocation market is now price $33.5bn, as a result of prices and complexity concerned in making relocation doable.

PerchPeek says it has a step-by-step app that helps workers relocating to 47 nations all over the world – together with extra distant places, and claims it might save corporations as much as 70% in relocation prices.
 
It additionally has consultants accessible by way of prompt messaging, to information workers by means of properties and facilities.

The startups’ opponents embrace Relocity and Dwellworks (each US-based). However PerchPeek says it plans to compete on buyer expertise and its massive vary of places. Since January 2020, it claims to have moved over 5,000 individuals. Shoppers embrace Thoughtworks, Liberty World, Impala Journey, and INEOS.

Nadine Torbey, Funding Supervisor at AlbionVC, stated: “The pandemic has accelerated the shift in the best way individuals select to work and reside… PerchPeek is the long-awaited disruption that may assist unlock the complete market and allow an more and more cellular and international expertise pool.”