NYC-based Pivt secures an undisclosed amount of funding. Joe Abrams, Noemis Ventures, Evan Segal, and Randi Zuckerberg all participated in the round.
The money will be used by the business to support projects including significant customer rollouts, global expansion, and data improvement.
Read also – NC-based Areteia Therapeutics Secures Additional $75Million in Series A Round Funding
Pivt, founded by Lynn Greenberg, is a platform that helps cities and businesses maximize labor relocation by emphasizing a humanized experience that allows people to live and work anywhere. Additionally, it provides support through wellness check-ins, information, and community.
About Pivt
One in five Americans have moved as a result of COVID and the increased freedom to work from anywhere, according to the current state of the market. Businesses move employees for over $90K, but almost one-third of them leave the organization soon after.
Read also – WA-based Vimly Benefit Solutions Secures an Investment
By developing a smartphone app intended to lower employee turnover and enhance the wellbeing of relocated, remote, and mobile workers, Pivt is tackling the billions of dollars in losses that employers face.
