# Mover

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mover

- Industry: Software
- Headquarters: Edmonton, Canada
- Website: www.mover.io
- Total disclosed funding: $1.1M
- Latest round: Seed (Aug 8, 2013)
- Investors on record: 5

## About

Mover Inc. is a data migration company that provides a platform for seamless data integration and transfer across cloud environments, assisting businesses in managing their data more efficiently.Founded in 2012 in Edmonton, Canada, Mover Inc. specializes in data migration and integration solutions. The company was acquired by Microsoft in October 2019, although financial terms of the acquisition were not disclosed. The leadership team includes CEO Eric Warnke and founders Amayak Elyan, Eric Warnke, Jill Chatwood, Mark Fossen, Stela Novaes, and Xingtong Chen. Mover Inc. has successfully completed four funding rounds, raising a total of USD 1.00 mn, with the most recent funding occurring during the Seed round on October 21, 2019, supported by investors such as Amplify Partners, Double M Partners, Medra Capital, and Yaletown Partners.Mover.io offers an innovative platform that simplifies data migration and integration for businesses. Their services focus on advanced data transfer solutions that allow organizations to move data across various cloud environments efficiently. Mover.io primarily serves enterprises in sectors such as finance, healthcare, and technology, operating in global markets including North America and Europe. Their offerings address key issues like data security and interoperability, which helps clients enhance their operational productivity.Mover.io generates revenue through a subscription-based model catering to both B2B and direct-to-consumer clients. Customers typically enter into annual agreements to access a range of data migration tools and services tailored to their industry needs. The flexible pricing structure allows clients to choose plans based on usage and required features, which provides predictable revenue streams as businesses continue to rely on Mover.io for their data management solutions.In light of recent developments, Mover Inc. plans to leverage its acquisition by Microsoft to enhance its product offerings and expand its market presence. The company aims to launch new products designed to improve data migration processes, with anticipated release dates projected for the upcoming fiscal year. Mover Inc. is also targeting expansion into additional markets in Europe and Asia by 2025. The funds from their latest USD 1.00 mn Seed round will be utilized to support these initiatives, furthering their mission to streamline data management for enterprises.

## Funding rounds

- Seed, Aug 8, 2013, $1M — Yaletown Partners, Double M Partners, Amplify Partners, Medra Capital
- Seed, Sep 14, 2012, $0.1M — BDC Capital

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Yaletown Partners (https://capitalatlas.ai/funds/yaletown-partners) — Seed
- Double M Partners — Seed
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Seed
- Medra Capital — Seed