Moovaz Goes Global With $7mil Series a Funding & Acquires SPH’s the Finder
Once a demographic dominated by affluent professionals, the face of the expat has dramatically shifted to welcome almost everyone, including a new generation of free-spirited, tech-savvy, globally-mobile adventurers keen to experience the world — and Moovaz is helping them live the dream. Powered by smart technology, Moovaz is reimagining logistics with simple, efficient moving services for a new generation of expat, and has secured a Series A round totalling USD 7 million, including previous convertibles, to do it.
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An international relocation services platform headquartered in Singapore, Moovaz was founded in 2018 by Lee Junxian and 2 other Co-founders. The vision was simple: to promote a life well moved, for today’s global citizens. With the ease of travel and rise in flexible work, more people are choosing to forgo their home bases in pursuit of the digital nomad lifestyle. But the process is typically headache-inducing and comes with many roadblocks, from extremely high costs to slow shipping times and storage container issues. Moovaz turns the traditional logistics industry upside down, providing a smart, curated platform connecting customers with the right services at the right time.
“Relocating from one country to another is a huge logistic undertaking. You have to uproot everything, manage accommodation and travel plans, apply for visas, open new bank accounts. Basically move your entire life,” says Lee Junxian, Co-Founder and CEO of Moovaz. “Despite all the tech innovations out there, relocation services remain notoriously slow, expensive and inefficient. As the world opens up, these challenges need to be addressed. Our goal is to use innovation to provide a complete moving solution for global citizens, and eliminate the headache that comes with moving your life.”
