Benivo, the leading end-to-end employee mobility management platform, today announced a $12 million funding round led by Updata Partners, a growth equity investment firm focused on business-to-business software. With this new capital, Benivo will grow its teams in the US, UK, Armenia, and India, and continue to expand its unified mobility solution to address the industry’s key pain points.
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A top 100 Financial Services firm experienced challenges with reconciling travel expenses for mobility:
- Relocation expenses were getting mixed with business travel
- New hires were using manager’s corporate cards
- Employees were simply paying for what they needed and seeking reimbursement after
In case you missed this week's season opener of The View From The Top, here is the Immigration update for the week of September 7, 2022 from Fragomen's Julia Onslow Cole.
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Benivo wins the 2022 FEM EMMA award in APAC for the "Most innovative Use of Technology in Global Mobility - Assignee Management". This brings Benivo's total industry awards to 12 in just four years! Congratulations to our amazing clients, changemakers, and employees.
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VIPs need their time optimized and their data highly protected. Global Mobility needs live, real-time access to all data and statuses pertaining to the move to be able to track and act. As Benivo Strategy Council member Eric Halverson says:
“VIPs are the people who can get you fired if it goes wrong.”
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