Servicengine provides a cloud-based platform for relocation management, covering relocation logistics, expense management, tax compliance, vendor coordination, and immigration services. The company supports corporations and relocation management companies (RMCs) handling employee relocations and remote-work logistics. Servicengine says the market involves nearly 2 million employee relocations annually, positioning the business for growth. Founded in 1998 and based in Danbury, CT, the company plans to double its team and enhance its platform following the new funding. The $3.1 million investment from Advantage Capital through the InvestCT program will support expansion and job creation in Danbury. The company aims to help RMCs and corporations streamline operations and manage both complex and lower-cost moves more efficiently.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2024