Localyze secures $12 million in Series A funding led by Blossom Capital

Localyze, a Hamburg, Germany-based software developer of a solution for relocation management, announced securing $12 million in series A funding.

The money was raised from investors led by the UK-based VC Blossom Capital, joined by existing investors from Frontline Ventures and angel investors Andrew Robb (ex-Farfetch), Des Traynor, co-founder and CSO at Intercom, Hanno Renner, co-founder and CEO at Personio, David Clarke, former CTO at Workday, and Michael Wax, CEO of Forto.

Localyze, founded in 2018 bY CEO Hanna Asmussen, Lisa Dahlke, and Franzi Löw, developed a SaaS solution aiming to streamline immigration-related admin tasks like visa applications, work and residence permits and registration, as well as providing help with housing and banking in the destination country. Customers include Free Now, Trade Republic, Babbel, Thoughtworks, Tier Mobility, DeepL, Forto and Personio.

Localyze previously raised about $1.5 million.