Localyze to raise $35 million in Series B funding led by General Catalyst.

Germany United Kingdom Ireland Netherlands United States 03 September 2022
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Localyze, a Hamburg, Germany-based software developer of a solution for relocation management, completed series B round in a deal closed at $35 million.

The money was raised from investors led by General Catalyst, joined by Visionaries Club, Web Summit Fund and Frontline Ventures, joined by Job van der Voort, the CEO of Remote, and by the founding team of Taxdoo. The proceeds will be used for expanding business in the United States.

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 series A closed at $12 million and led by Blossom Capital, Other investors in the captable include angels 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.

Total investments received (USD): 48.42M

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