PerchPeek Secures £8M for Employee Relocation

PerchPeek, a relocation platform, has raised £8 million in Series A funding to address the problem of employee relocation and make it easier for firms to accommodate employee requests to relocate. Stage 2 Capital and AlbionVC co-led the round.

PerchPeek CEO and co-founder Paul Bennet said: “If 2021 was the year of the Great Resignation, 2022 will be the year of the ‘great relocation’. We are seeing an enormous appetite among employees to move around for work (in fact, 79% of employees would consider moving abroad according to a recent survey), and employers are matching this appetite by offering competitive relocation packages. It’s why some of the world’s largest technology, financial and consulting firms are coming to us looking for a more cost-efficient and personal way to make relocation possible.”

The company will use the capital to grow its platform for helping companies build mobile, distributed workforces and streamline overseas relocation. Additionally, the cash will be used to grow the app-development team to improve user experience and international expansion.

Announcement: PerchPeek Secures £8M for Employee Relocation