Settly, an Amsterdam, Netherlands-based company focused on redefining relocation and transforming the future of work, raised €6 million in seed funding.
The round was co-led by "2050," a French impact fund, and Mediahuis Ventures, the venture capital fund of international publisher Mediahuis.
This funding will fuel Settly's growth and enable them to continue providing personalized relocation services that address the unique needs of each employee and their family.
Settly's mission is to redefine relocation and transform the future of work, where it no longer matters where you come from but where you feel at home.
“Since our start in 2019, we’ve grown to over 50 employees in 7 countries, whilst being bootstrapped. This is our first investment, and we are excited about our partnership with 2050 and Mediahuis Ventures. Together with their support and funding, we’ll continue to develop our product and service offering, grow our key markets, and expand into new geographies,” says Marieke van Iperen, Co-Founder & CEO of Settly.
The company focuses on ensuring that individuals feel comfortable and connected in their new country through a multi-local approach.
Company: Settly B.V.
Raised: €6.0M
Round: Seed Round
Funding Month: June 2023
Lead Investors: 2050 and Mediahuis Ventures
Additional Investors:
Company Website: https://www.getsettly.com/
Software Category: Digital Employee Relocation Platform & Community
About the Company: Settly is an HR tech startup that provides comprehensive support in immigration, tax, and soft-landing for relocated employees. They offer a wide range of events, tailored information, recommendations, and personal support based on each employee's specific situation. The company also offers a relocation software solution that enables and supports HR teams by streamlining processes, saving time, and freeing up resources. The company values diversity, equality, and inclusion and has built a team of 55 individuals that is predominantly female across all levels, with representation from the LGBTQIA+ community and consists of 33 nationalities.
Source: https://www.getsettly.com/blog/settly-raises-6-million