Moovaz and shakers: Logistics start-up for global nomads secures $7 million Series A round

Moovaz

PR83665

 

SINGAPORE, April 27, 2020 /PRNewswire=KYODO JBN/ --

 

Once a demographic dominated by affluent professionals, the face of the expat

has dramatically shifted to welcome almost everyone, including a new generation

of free-spirited, tech-savvy, globally-mobile adventurers keen to experience

the world -- and Moovaz is helping them live the dream. Powered by smart

technology, Moovaz is reimagining logistics with simple, efficient moving

services for a new generation of expat, and has secured a Series A round

totalling USD 7 million, including previous convertibles, to do it.

 

Photo - https://photos.prnasia.com/prnh/20200423/2775020-1

 

An international relocation services platform headquartered in Singapore,

Moovaz was founded in 2018 by Lee Junxian and 2 other Co-founders. The vision

was simple: to promote a life well moved, for today's global citizens. With the

ease of travel and rise in flexible work, more people are choosing to forgo

their home bases in pursuit of the digital nomad lifestyle. But the process is

typically headache-inducing and comes with many roadblocks, from extremely high

costs to slow shipping times and storage container issues. Moovaz turns the

traditional logistics industry upside down, providing a smart, curated platform

connecting customers with the right services at the right time.

 

"Relocating from one country to another is a huge logistic undertaking. You

have to uproot everything, manage accommodation and travel plans, apply for

visas, open new bank accounts. Basically move your entire life," says Lee

Junxian, Co-Founder and CEO of Moovaz. "Despite all the tech innovations out

there, relocation services remain notoriously slow, expensive and inefficient.

As the world opens up, these challenges need to be addressed. Our goal is to

use innovation to provide a complete moving solution for global citizens, and

eliminate the headache that comes with moving your life."

 

On the Moovaz platform, customers can get instant shipping prices and track

their belongings. Using automation and data, Moovaz captures customer

information and profiles their needs before connecting them with their global

network of contractors. However, Moovaz goes beyond the expectations of a

relocation services company; instead harnessing technology and automation to

provide a seamless moving process for customers.

 

Dubbing themselves "Life Movers", Moovaz helps global citizens move their

lives, while also connecting them to their future communities. During the

process, Moovaz provides tailored recommendations for essential extra services

to ensure as smooth a move as possible, from connecting utilities to buying

insurance or setting up the all-important Wi-Fi.

 

While the lion's share of its customers hail from the Asia-Pacfic, Moovaz plans

to scale rapidly and expand its partnership base. Now, backed by the likes of

Quest Ventures, who are backed by Singapore's sovereign wealth fund, Supply

chain conglomerate YCH Group and deep-tech investors SGInnovate, it can do that

and more—and has its sights firmly set on strengthening its services and

facilities to become an industry leader in the relocation field.

 

This means launching go-to market campaigns in new countries, raising capital,

expanding their team, and welcoming new partners to optimize each customers

life journey, at a functional level and an emotional one.

 

About Moovaz

 

Moovaz is an all-encompassing relocation service for globalised mobile

citizens. Its all-in-one digital platform is revolutionising the logistics and

international relocation industry by enabling a seamless and truly moving

experience for everyone. Using smart technology and a global network of over

2,000 certified partners, Moovaz offers customers an unprecedented level of

transparency and open access to mobility services worldwide. With our dedicated

team, Moovaz is committed to delivering convenience and excellence, first time,

every time.

 

For more information, please visit https://www.moovaz.com/about-us/

 

SOURCE : Moovaz

 

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Caption: Moovaz and shakers: Logistics start-up for global nomads secures $7 million

Series A round

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