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