Shyft, a Miami, FL-based fintech-powered market for the worldwide transferring business, closed a $16m Sequence B funding.
Backers included new buyers Munich RE Ventures and OurCrowd, and present buyers Inovia Capital and Blumberg Capital.
The corporate will use the brand new capital to broaden its options and worth to prospects throughout prime international markets and demographics for relocation and transferring.
From connecting prospects to the world’s finest transferring firms and offering pricing transparency, to integrating monetary options for each these transferring and suppliers, Shyft is offering digital infrastructure and provide chain options to your complete transferring business.
The corporate additionally introduced that Randal Meske has been named Chief Government Officer. Meske is a veteran go-to-market and development chief with many years of management expertise, together with roles at SaaS startups and business leaders reminiscent of IBM, Lotus, IHS Markit, and Oracle.
Shyft has facilitated greater than 300,000 strikes with 800+ transferring firms and 220+ firms and can proceed to construct partnerships and agreements with Relocation Administration Corporations (RMCs), actual property firms and membership organizations.