UrbanBound offers a SaaS-based relocation management platform that helps companies administer, track and optimize relocation benefits, forecast and contain relocation costs, and build smart policies. The platform emphasizes a customized employee experience and connecting people at the right time. The company serves a range of customers from technology startups to the Fortune 500. Led by CEO and co-founder Michael Krasman, UrbanBound plans to accelerate product development, broaden sales efforts and grow its team in a new Chicago office. The company currently employs over 40 people and intends to use the new funding to continue expanding its client base. UrbanBound offers a web-based, end-to-end relocation platform that allows newly hired and transferring employees to self-administer their entire move. The platform provides city education, move planning and organization tools, and connections to vetted service providers that offer discounts. UrbanBound emphasizes a comprehensive relocation experience delivered through software to corporate customers. Co-founded by Michael Krasman and Jeff Ellman, the company serves enterprise clients including Groupon, Razorfish, Plante Moran and CH Robinson. The company plans to use new funding for hiring and continued platform innovation. No revenue or user metrics were disclosed in the article.

Total raised

$14M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2016