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Localyze raises $35 million for staff relocation platform

by Babu Patil
Localyze raises $35 million for staff relocation platform

Localyze raised $35 million in Series B funding and is gearing up to launch in North America. The startup helps employers seeking immigration and relocation logistics support.

US VC fund and General Catalyst led the round with Visionaries Club, Web Summit Fund, and Frontline Ventures.

The Y Combinator-backed startup Localyze recently bought a San Francisco-based HR firm, TruePlan.

Localyze has helped more than 2,000 people from 100 nations relocate globally since its founding in 2018.

The company’s customers include Babbel, Trade Republic, Free Now, Thoughtworks, Tier Mobility, DeepL, Forto, and Personio.

Localyze has raised a total of over $50 million in funding, including a $12 million Series A round in July 2021. The company plans to use the fresh funds to scale its business in North America....

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