What is Move?
Move Solutions specializes in comprehensive business relocation services, encompassing furniture de/reinstallation and reconfiguration, PC and telephony setup, on-site move project management, and final cleaning. Established in 1987 as a technology moving company, Move has evolved into a certified woman-owned business and a recipient of the Baylor University Family Business of the Year Award. The company's extensive service portfolio and long-standing operational history position it as a key player in the business relocation sector, catering to a wide range of enterprise needs.
How much funding has Move raised?
Move has raised a total of $102M across 5 funding rounds:
Series A
$11.3M
Series B
$34M
Series C
$46M
Private Equity
$7.7M
Debt
$3M
Series A (2006): $11.3M with participation from Hummer Winblad Venture Partners and Steamboat Ventures
Series B (2007): $34M led by Hummer Winblad Venture Partners and Steamboat Ventures
Series C (2008): $46M supported by Microsoft, Cisco, Comcast Ventures, Hummer Winblad Venture Partners , Benchmark Capital, Televisa, and Steamboat Ventures
Private Equity (2009): $7.7M, investors not publicly disclosed
Debt (2010): $3M, investors not publicly disclosed
Key Investors in Move
Hummer Winblad Venture Partners
Hummer Winblad Venture Partners is an investment firm focused on early-stage enterprise software companies, providing first institutional capital and ongoing support to help entrepreneurs realize their visions. The firm is known for its deep operational understanding and expertise in software and SaaS, offering pragmatic guidance in areas such as product development, team building, and strategic positioning.
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors. The firm is dedicated to creating lasting value in each of its investments.
Microsoft
Microsoft Corp. engages in the provision of developing and marketing software and hardware services. Its products include operating systems for computing devices, servers, phones and intelligent devices. It also offers server applications for distributed computing environments, productivity applications, business solution applications, desktop and server management tools, software development tools, video games, and online advertising.
What's next for Move?
The recent major strategic investment in Move signals a pivotal phase for the company, likely aimed at expanding its service capabilities, enhancing technological infrastructure for project management, and potentially broadening its geographic reach. Given its history of securing substantial capital, including significant rounds from prominent venture capital firms and strategic corporate investors, Move is well-positioned for further scaling. This infusion of capital is expected to fuel innovation in its relocation solutions and solidify its competitive advantage in the enterprise services market, enabling it to undertake larger and more complex projects.
See full Move company page
