Today marks an exciting milestone for Settly on our growth journey, as we proudly announce that we have successfully raised €6 million in seed funding!
The round was co-led by French impact fund "2050" and Mediahuis Ventures, the venture capital fund of international publisher Mediahuis.
“Since our start in 2019, we’ve grown to over 50 employees in 7 countries, whilst being bootstrapped. This is our first investment, and we are excited about our partnership with 2050 and Mediahuis Ventures. Together with their support and funding, we’ll continue to develop our product and service offering, grow our key markets and expand into new geographies,” says Marieke van Iperen, Co-Founder & CEO of Settly.
Marie Ekeland, Founder of 2050, shares her enthusiasm: "It is our mission to change the way the VC model works and help grow businesses that have a meaningful impact on people, society and the planet. Settly’s mission and purpose-driven approach to the future of work aligns seamlessly with our vision of creating a better world through innovative companies.”
Piyush Hemnani of Mediahuis Ventures adds, "We want to change how people learn and work and Settly’s exceedingly low churn rate and a Client Satisfaction score of 9.2 shows a strong need for an employee-centric approach in a market that is growing year on year. We firmly believe that Settly has the team and product to be at the forefront of the future of work."
A world where everyone can feel at home
The number of people living and working outside of their country of birth is expected to grow by 70 million in the next few years.
Our mission is to redefine relocation and transform the future of work, where it no longer matters where you come from but where you feel at home. We want to change the way companies and HR Teams look at recruiting international talent, culture and community building.
We do this by not only offering support in immigration, tax and soft-landing but also by focusing on how people feel in their new country through a multi-local approach.
We help relocated employees connect with the local community by offering a broad range of events, recommendations, and tailored information and support based on their personal situation.
We also enable and support HR teams by freeing up valuable time and resources through our relocation software. This allows companies to focus on core business activities, while still boosting employee engagement.
The employee experience is at the core of everything we do at Settly. Diversity, equality and inclusion are in our DNA, starting with our own team of 55, who we're proud to say is majority female across all levels, with the LGTBQIA+ community well represented and consisting of 33 nationalities.
So, for your talent, we strive to foster a sense of belonging and comfort for every individual we help relocate, with a personalised approach that ensures we address the unique needs of each employee and their family.
Our first investment comes from two partners, who align perfectly with our values and impact-driven mission.
2050 (Paris, France) is a new breed of investment fund that combines performance and company alignment. It empowers those who are building a fertile future, a world aligned with economic, social and ecological challenges. With the goal of raising 100-150 million euros annually, 2050 aims to invest over one billion euros by 2030, catalysing positive change for a better future.
About Mediahuis Ventures
Mediahuis Ventures is the Corporate Venture Capital arm of the international media group, Mediahuis. With a focus on ED Tech and HR Tech, they participate from Series A and beyond, investing in founders who change how we learn and work.
This investment round is not just about financial support; it represents a connection with the mission of both funds and the people behind them. We share a common goal of focusing on the bigger picture- redefining the future of work. Together, we strive to create a world where everyone can feel at home, empowered, and fulfilled.
Join Us on Our Journey
This is just the beginning, and we invite you to join us as we continue to pave the way for a future where everyone experiences the joy of feeling at home, no matter where they are in the world.
Here's how you can join us on this journey:
- Sign up to our newsletter, to follow our progress and posts on Relocation, Immigration & the HR World.
- Start following us on LinkedIn!
- Book a demo to explore how Settly can help you with relocating talent. Reach out by the 5th of July to receive your first relocation for free*
- Have questions? Reach out to email@example.com.
*Promotional Terms apply