Perchpeek raises £2m from Episode 1 to fund international expansion and US sales
The funding round was led by Episode 1 and will support international expansion into 160 countries.
Perchpeek is an artificial intelligence powered relocation agent that helps companies manage employee moves globally. The platform combines digital tools with human experts to simplify house hunting and settling in.
Perchpeek has secured £2m in a seed follow on financing round led by Episode 1, with participation from international angel investors. The company provides a digital relocation service that combines software recommendations with human support. The fresh capital will be deployed to scale operations internationally, extending coverage to 160 countries, and to bolster US sales efforts. This follows a period of growth in which the platform helped more than a thousand employees relocate across 47 countries during the previous year.
From the founder
"In the past relocation agents were incredibly expensive and time-consuming, involved limited choices, lots of travelling back and forth to view properties and visit banks, and was an extremely fragmented experience. Perchpeek’s technology is a game-changer for most companies who can now offer high quality, affordable relocation support to employees of any level wanting to move to any country or city in the world."
Paul Bennett
Co-founder at Perchpeek
Investor perspective
"Thousands of companies are grappling with the new world of work where employees are remote and therefore free to live anywhere. Traditional “ex-pat” solutions are far too localised and expensive to support this new cadre of relocator and we see the opportunity for Perchpeek to become the leader in supporting the future of migration."
Damien Lane
co-founder and Partner, Episode 1
Use of funds
- 01Expand into international markets
- 02Invest in sales and marketing
