# Movu

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

- Industry: Internet
- Headquarters: Zurich, Switzerland
- Website: www.movu.ch
- Latest round: Series A (Jul 20, 2015)
- Investors on record: 2

## About

Movu AG is a Swiss company that specializes in facilitating relocation services, connecting clients with verified moving and cleaning companies to streamline their moving experience across major Swiss cities.Movu AG, founded in 2014 in Zurich, Switzerland, provides an online platform for relocation services. The company has completed 4 deals, with the most recent being on June 28, 2017, when it was acquired by Bâloise Holding. The CEO is Jonathan Landau, and Simone Kühn is also part of the leadership team. Niklaus Wiederkehr is listed as the founder.MOVU specializes in providing relocation services by connecting clients with verified moving and cleaning companies within their local regions. The company has developed an online platform that enables customers to quickly submit details regarding their move or cleaning needs, including the inventory to be transported. With a focus on personalization and efficiency, MOVU offers a free and transparent comparison of local service providers, allowing clients to book services tailored to their specific requirements and budget. This service is geared toward individuals and families seeking to simplify and streamline their moving experience across various Swiss cities, including Zurich, Basel, Bern, Geneva, and Lucerne. Operating throughout Switzerland, MOVU targets customers who prioritize convenience and reliability in their relocation process.MOVU generates revenue through the facilitation of moving and cleaning services, where clients can select from a range of offers provided by partner companies. The transaction structure primarily involves a direct-to-consumer model, allowing customers to access services without intermediary retailers or wholesalers. Clients typically engage with the platform to browse and compare quotes based on their specific moving needs, leading to bookings that are tailored and agreed upon through the MOVU interface. The pricing structure reflects competitive rates for moving and cleaning services, ensuring affordability while maintaining quality. This model positions MOVU as a key player in the relocation market, leveraging a combination of service offerings aimed at enhancing customer satisfaction throughout the moving process.In June 2017, MOVU AG was acquired by Bâloise Holding, indicating a strategic move toward expanding its market presence. The company aims to enhance its service offerings by developing new products designed for improved customer experience, although specific release dates have not been disclosed. Future plans include expanding into additional Swiss cities and potentially exploring opportunities in neighboring countries by 2024. The recent acquisition funding will be utilized to support these initiatives, helping to bolster MOVU's operational capabilities and market reach.

## Funding rounds

- Series A, Jul 20, 2015 — b2venture, Ringier Digital Ventures

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Series A
- Ringier Digital Ventures (https://capitalatlas.ai/funds/ringier-digital-ventures) — Series A