UrbanBound

UrbanBound

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A relocation management software for businesses moving locations. Learn more
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$3.8m

Early VC
Total Funding000k

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UrbanBound is a pioneering company in the relocation management industry, offering innovative software solutions designed to simplify the process of employee relocation. Founded in 2009 by serial entrepreneurs Michael Krasman and Jeff Ellman, UrbanBound aims to address the long-standing challenges faced by both employers and employees during the relocation process. The company operates primarily in the human resources and talent acquisition markets, serving a diverse range of clients from small and medium-sized businesses (SMBs) to large enterprises.

UrbanBound's core offering is its relocation management software, which helps employers manage and track all aspects of employee relocation. This includes everything from moving logistics and housing to financial planning and tax considerations. The software is designed to be user-friendly, providing a seamless experience for both employers and employees. By leveraging technology, UrbanBound aims to reduce the stress and complexity associated with moving for a job, making it easier for companies to recruit and retain top talent.

The business model of UrbanBound is primarily subscription-based. Companies pay a recurring fee to access the software and its various features. This model provides a steady stream of revenue and allows UrbanBound to continually invest in improving its platform. Additionally, the company may offer premium services or add-ons for more complex relocation needs, providing further revenue opportunities.

UrbanBound makes money by selling its software to businesses that need to relocate employees. These businesses benefit from reduced administrative burdens and improved employee satisfaction, making the investment in UrbanBound's software a cost-effective solution.

In summary, UrbanBound is revolutionizing the relocation management industry with its innovative software solutions. By addressing the pain points of both employers and employees, the company is making the process of moving for a job more efficient and less stressful.

Keywords: Relocation, Software, Human Resources, Talent Acquisition, Employee Management, SMB, Enterprise, Technology, Subscription, Innovation.

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