Relocity

Relocity is a technology company specializing in global mobility and employee relocation services. Founded in 2016 by Klaus Siegmann, the company was born from his own challenging relocation experience from Germany to Los Angeles. This personal struggle highlighted the fragmented and inefficient nature of the traditional relocation process, inspiring him to create a streamlined, technology-driven solution. Before establishing Relocity, Siegmann was a serial entrepreneur with a background in management consulting and the technology sector in Germany, including co-owning a technology firm with clients like BMW and Deutsche Bank.

The company's business model is B2B, serving enterprises by facilitating the smooth transition of their employees to new locations. Relocity provides an AI-powered platform and mobile app that personalizes the relocation experience, offering services such as destination guidance, rental assistance, and settling-in support. The platform aims to reduce the complexities of moving by consolidating various tasks and resources into a single interface. Clients include over 400 companies, with a significant portion being Fortune 500 firms. Revenue is generated by providing these software solutions and tech-enabled destination services to corporate clients.

Relocity offers a suite of products tailored to different needs, including "Relocity Guide" for self-directed moves, "Relocity Concierge" for high-touch, personalized services, "Relocity Advisor" for expert-led virtual guidance, and "Relocity One," a comprehensive platform that integrates all mobility suppliers. These solutions cater to various employee types, from interns to executives, on domestic or international assignments. The platform features AI-driven neighborhood recommendations, interactive maps, and access to a marketplace of vetted service providers. A key achievement includes being recognized by Deloitte's Technology Fast 500™ list in 2023, after reporting a 711% revenue growth from 2019 to 2022. The company has received strategic growth investments from private equity firms like Crest Rock Partners to accelerate product development and expand its geographic reach.

Keywords: global mobility, employee relocation, workforce mobility, destination services, relocation technology, corporate mobility, talent management, relocation software, lump sum relocation, international assignment services, employee experience platform, B2B SaaS, relocation management, talent retention, AI-driven relocation, settling-in services, mobile workforce, relocation support, talent mobility solutions, corporate relocation services