Series A22 February 2022

PerchPeek raises £8m in Series A funding led by Stage 2 Capital and AlbionVC to scale its relocation app.

The Series A round was co-led by Stage 2 Capital and AlbionVC to expand technical capabilities and international reach.

£8.0MSeries A

PerchPeek provides a digital relocation platform that simplifies international moves for employees and employers through a single application. The company helps organisations attract global talent while reducing the administrative burden and cost of relocation.

PerchPeek has secured £8m in a Series A funding round co-led by Stage 2 Capital and AlbionVC. The fresh capital will be directed towards expanding the company technical capabilities and scaling international operations to meet growing demand from corporate mobility teams.

The digital relocation platform consolidates numerous moving processes into a single mobile application, supporting employees relocating across more than 25 countries. The latest injection of funds follows previous backing from Episode 1 Ventures and arrives as companies increasingly embrace distributed workforces and global talent acquisition.

From the founder

"Relocating is a messy amalgamation of 20-30 different processes that create a super stressful process during what should be one of the most exciting moments in someone’s life. There are support packages on the market to streamline relocation but these are often inflexible and expensive, costing companies thousands of pounds, and usually only available for those at the top of the company. By bringing all the processes into one platform, with great support at accessible price points, we help both the relocating employee with their move but also their employer provide a high value employee benefit."

Paul Bennett

Co-founder and CEO at PerchPeek

Investor perspective

"The pandemic has accelerated the shift in the way people choose to work and live. Relocation is one of the most desirable experiences of working professionals, yet it remains painful and archaic. PerchPeek is the long-awaited disruption that will help unlock the full market and enable an increasingly mobile and global talent pool. Its mover-centric app has fostered a community of fervent fans among both movers and corporates, creating incredible momentum in a short period of time. We are excited to partner with Paul and the team of Perchies, whose fire and pace continue to impress us every day and we look forward to supporting them as the company grows the team and scales internationally."