MoveMe
- Luxembourg
- For-profit, including B-Corp or similar models
The global relocation problem affects every continent that needs foreign talent and the talent that is seeking to either study or work in these countries. Why is this important? "A global talent crisis could cost nations trillions of dollars in unrealized annual revenues, new Korn Ferry study finds. The talent crunch—an imminent skilled labor shortage affecting both developed and developing economies— could ultimately shift the global balance of economic power by 2030 if left unaddressed." - The Global Talent Crunch Korn Ferry Source: https://shorturl.at/hkzD1
Our market research has identified that it takes more than 90 hours to understand, gather, and complete the necessary steps for the administrative processes of relocation and this is due to complicated administrative procedures, generalized explanations, multiple websites containing outdated information, and a lack of personalization (each person has a unique journey depending on why they are moving ex. student, professional) These challenges create a problem where highly qualified talent that wishes to study or work might make mistakes that either delay or even compromise their relocation.
The main factors that create this challenge are that the current relocation model is outdated, humanly handled, and in desperate need of innovation. By including technologies like AI in our products we can help our customers help themselves, since access to current relocation services is expensive.
In summary, the challenge affects both the students/professionals relocating to get access to education and the economies of the countries receiving them.
Our solution is the MoveMe platform, where our users register with their basic information and get access instantly to our 4 tools. PlanMe, TrackMe, FileMe, and Ethel our digital relocation assistant powered by AI. With these tools, our users can navigate their process quickly and reduce mistakes without needing to wait for weeks for a response if they have a question.
Imagine you are a student who wants to get access to education in another country, you are moving and you don't have the slightest idea of where to begin... You create a MoveMe account and enter your details. With this, you automatically get YOUR unique process. Fast, easy to understand, and with all the support tools needed.
PlanMe: Personalized timeline including deadlines and useful information for an eagle view of the process.
TrackMe: Document checklist with tips on each one to avoid mistakes
FileMe: File Manager to download everything you need with the certainty of having the correct document for each step.
ETHEL ( AI relocation assistant ):
- Newly launched in 2024
- Ethel brings together the very best generative AI and the experience of a seasoned relocation assistant. Created with 30 years of experience in relocation.
- Designed to provide MoveMe users with useful tips and answer any question every step of the way.
MoveMe plays a pivotal role in addressing the global relocation challenge by facilitating access to education and simplifying the relocation journey for students and professionals worldwide.
Empowering Global Education and Relocation:
MoveMe is at the forefront of solving the pressing global challenge of relocation, particularly for students and professionals pursuing educational and career opportunities abroad. In an increasingly interconnected world, individuals often face barriers when relocating to new countries for academic pursuits or work. We recognize that access to quality education and international career opportunities should not be hindered by complex administrative processes, cultural differences, or logistical challenges.
One of our primary missions is to break down these barriers and empower individuals to access education anywhere in the world. We understand that students aspiring to study abroad or professionals seeking career advancement need seamless and reliable relocation solutions. MoveMe ensures they have the confidence and support required to embark on their educational journeys with ease.
Fostering Global Talent Mobility:
MoveMe is committed to fostering global talent mobility. We believe that individuals should have the freedom to pursue educational opportunities and careers anywhere in the world. By offering our services, we contribute to creating a world where talent knows no borders and where access to education and career growth is a global right rather than a privilege.
Institutions:
We actively collaborate with educational institutions, employers, and service providers to further this vision. Our partnerships help us provide tailored solutions that meet the unique needs of students and professionals, ensuring that they have the support required to excel in their new environments.
In essence, MoveMe is not just a relocation platform; it's a solution to a global challenge. We envision a world where individuals can pursue their dreams, educational or professional, without being hindered by the complexities of relocation. Through our services, we make this vision a reality, supporting access to education and fostering global talent mobility, one relocation at a time.
Our team's strength lies in its deep understanding of the challenges faced by individuals relocating to new countries for educational or professional purposes. We are not just developers of a solution; we are an integral part of the community we serve. Here's why we are well-positioned to deliver the MoveMe solution:
1. Operating from Luxembourg, SaaS expansion: Our team is strategically based in Luxembourg, a country known for its vibrant international community and as a hub for global mobility. This location not only provides us with direct access to the Luxembourgish and European Union markets but also positions us ideally to understand the needs and regulations of international students and professionals relocating to this region. The MoveMe platform is designed as a Software as a Service (SaaS) solution, which means it can be easily adapted and expanded to serve the needs of users in other countries and regions, making it a scalable and globally relevant tool for addressing the challenges of international relocation.
2. Personal Experience: Our Team Lead and several team members have personally experienced the challenges of international relocation for education and work. These firsthand experiences have given us a unique perspective on the pain points and obstacles that newcomers encounter. (CEO and CPO relocated from Honduras to Luxembourg, doing a master's degree and opening a company the next year)
3. Cultural Diversity: Our team represents diverse cultural backgrounds, languages, and educational journeys. This diversity is a testament to our commitment to inclusivity and our belief in the global mobility of talent. It enables us to understand the needs of a broad and varied audience.
4. Community Engagement: We are actively engaged with the communities we serve. We maintain close ties with international students, expatriates, and professionals. This continuous interaction allows us to remain in tune with their evolving needs and preferences.
5. Feedback-Driven Development: Our solution is not an isolated creation but a product of community feedback. We have conducted surveys, held focus groups, and solicited input from our target population at every stage of development. Their insights, ideas, and agendas have shaped the features and functionalities of the MoveMe platform.
6. User-Centric Approach: We have taken a user-centric approach to design and implementation. Our team has integrated community input to create a solution that directly addresses their pain points. From visa applications to housing, our platform offers solutions that resonate with the real experiences of newcomers.
7. Advocacy and Partnerships: We are actively involved in advocacy efforts related to international education and talent mobility. Our partnerships with universities, institutions, and international organizations demonstrate our commitment to collaborating with key stakeholders to improve the relocation experience.
In summary, our team is not just designing and delivering a solution; we are part of the very communities we serve. Our personal experiences, cultural diversity, community engagement, feedback-driven approach, and advocacy efforts collectively ensure that MoveMe is meaningfully guided by the input, ideas, and agendas of the individuals we aim to empower.
- Other
- 4. Quality Education
- 8. Decent Work and Economic Growth
- Growth
At the "Growth" stage, the MoveMe solution has achieved significant milestones and established a strong presence in Luxembourg. We have successfully partnered with key organizations, including Spuerkeess, Baloise, POST Telecom, Streff, the University of Luxembourg, and ERS (European Relocation Services). These partnerships reflect our commitment to addressing the complex challenges of international relocation.
Currently, MoveMe is actively serving incoming university students and professionals relocating to Luxembourg (to date 300 students, and by September 2024 we will have served 1500 students). Our proven track record with the University of Luxembourg and ERS showcases the effectiveness and relevance of our solution. We provide tailored support to both student and professional communities (with ERS 100 cases with on average 2-3 people per case including the professional and their family), enhancing their relocation experiences.
We are applying to Solve with a strong belief that the Solve community can play a pivotal role in advancing our mission. While we acknowledge that Solve is not primarily a funding platform, our primary objective is to access the vast network of partners and resources that Solve offers to support our solution's growth.
Here are the specific challenges and barriers we face, along with how we believe Solve can help us overcome them:
1. Strategic Partnerships: Solve's ability to connect us with potential strategic partners, including organizations, governments, and institutions, can significantly enhance our ability to scale and refine our solution.
2. Scaling Internationally: We are currently focused on Luxembourg, but our goal is to expand internationally.
3. User-Centric Development: We are committed to continuously improving our solution based on user feedback. Solve can facilitate connections with communities, experts, and potential users, enabling us to gather valuable insights and ensure our solution remains user-centric.
We are excited to engage with Solve's community to drive positive change and simplify global relocations on a larger scale.
- Business Model (e.g. product-market fit, strategy & development)
- Financial (e.g. accounting practices, pitching to investors)
- Human Capital (e.g. sourcing talent, board development)
- Public Relations (e.g. branding/marketing strategy, social and global media)
Our solution, MoveMe, is inherently innovative in its approach to simplifying the global relocation process. Here's how it stands out:
1. Ethel, the Digital Relocation Assistant: MoveMe introduces Ethel, a digital relocation assistant newly launched in 2024. Ethel represents the convergence of generative AI and the insights gained from 30+ years of experience in relocation expertise. This empowers MoveMe users with invaluable guidance and support throughout their relocation journey.
2. Tool Personalization: PlanMe, TrackMe, and FileMe are highly personalized and created automatically after the user creates their account.
3. Proactive Guidance: Ethel takes a proactive role in the relocation process. Unlike traditional platforms that primarily offer information, Ethel actively guides users, offering step-by-step advice, reminders, and recommendations. This proactivity ensures that users remain on track, minimizing the risk of missing important steps or deadlines.
5. Impact on the Market: MoveMe has the potential to disrupt and transform the market landscape. By demonstrating the effectiveness of AI-powered digital assistants in the relocation sector. Other service providers may adopt similar AI-driven solutions to enhance their services, ultimately improving the overall relocation experience for individuals worldwide.
6. Streamlining Administrative Processes: MoveMe leverages technology to simplify bureaucratic and administrative processes, reducing the stress associated with relocation. This approach can inspire governmental agencies and institutions to explore digital solutions for enhancing immigration and relocation processes, benefiting both newcomers and host countries.
MoveMe's innovation lies in its integration of AI with the expertise of seasoned relocation assistants, the launch of Ethel as a proactive digital relocation assistant, and its inclusive approach to serving a diverse user base.
Theory of Change for MoveMe:
Problem: Relocation can be a complex and stressful process for students and professionals moving to a new country, hindering their ability to integrate smoothly.
Solution: MoveMe offers a user-centric platform including its AI-powered digital relocation assistant, Ethel, designed to simplify the entire relocation journey.
Activities:
1. AI-Powered Guidance: MoveMe uses advanced AI to provide personalized guidance to users at every step of their relocation process. This includes information on visas, housing, utilities, and other essentials.
2. Proactive Assistance: MoveMe proactively reminds users of critical tasks, documents, and deadlines, reducing the likelihood of mistakes and delays.
3. Real-time Updates: MoveMe's platform continually updates users on their progress and offers tailored solutions based on their specific needs and circumstances.
Outputs:
1. User Empowerment: MoveMe empowers users with the knowledge and tools needed to navigate relocation with confidence.
2. Time Savings: Users save time by avoiding lengthy research and bureaucratic processes, allowing them to focus on settling into their new environment.
3. Stress Reduction: The proactive assistance provided by Ethel significantly reduces the stress associated with relocation, contributing to a smoother transition.
Outcomes:
1. Successful Relocation: MoveMe enables users to complete their relocation successfully, obtain the necessary documents, find suitable housing, and access essential services.
2. Feedback:
49% Conversion Rate
75% of respondents recommended MoveMe to someone.
51 Nationalities
5000+ Page views
Long-Term Impact:
1. Global Impact: As MoveMe's user base grows, its impact extends globally, improving the relocation experience for students and professionals worldwide.
2. Industry Transformation: MoveMe's success helps change within the relocation industry, inspiring the adoption of AI-driven solutions and user-centric practices.
3. Access to Education: MoveMe's inclusive approach ensures that students, regardless of their background or nationality, have equitable access to education, promoting global educational mobility.
In essence, MoveMe's theory of change centers on the idea that by providing users with accessible guidance and support, we can empower them to navigate the complexities of relocation successfully. This, in turn, leads to improved integration, a positive experience, and a long-term global impact on the relocation industry and access to education.
Impact Goals for MoveMe:
Enhanced Access to Education: MoveMe aims to facilitate access to education for international students by simplifying and streamlining the relocation process. Our goal is to increase the number of students successfully relocating to their chosen institutions.
Scholarship Commitment: In the future, MoveMe is dedicated to establishing a scholarship program aimed at supporting students who aspire to pursue international education but face financial barriers. Our CEO and CPO originate from Honduras, a nation grappling with economic challenges, where remarkable talent often lacks the means to access education beyond its borders. From our inception, MoveMe has had the vision of sponsoring these exceptional individuals and assisting them in achieving their educational aspirations abroad.
Improved Integration and Well-being: We aim to enhance the integration experience of relocated students and professionals, ultimately contributing to their well-being and sense of belonging in their new communities.
Measuring Progress:
1. User Success Rates: We measure the number of users who complete their relocation journeys with the assistance of MoveMe.
2. User Satisfaction: We collect feedback from users to assess their satisfaction with the MoveMe platform and its impact on their relocation experience.
3. Educational Mobility: We will measure the increase in international student enrollment rates at partner institutions, indicating improved access to education facilitated by MoveMe.
MoveMe's core technology revolves around a suite of digital tools and artificial intelligence (AI) capabilities. Here are the key components of our technology:
1. PlanMe: PlanMe is a user-friendly digital timeline that assists individuals in planning their relocation journey. It obtains the user information and createss a personalized timeline inside the MoveMe platform.
2. TrackMe: TrackMe is an integrated tracking system that allows users to monitor the progress of their relocation process in real time. It provides alerts, updates, and reminders related to pending tasks, such as documents, applications, etc. This feature serves to keep track of what the user has and what they are missing for each step.
3. FileMe: FileMe simplifies administrative paperwork by offering a digital document management system. Users can securely download the needed documents, including forms, contracts, and other information.
4. Ethel - Digital Relocation Assistant: Ethel is our AI-powered chatbot designed to provide users with on-demand assistance and guidance. Ethel utilizes natural language processing and machine learning to answer queries, offer advice, and provide instant solutions to relocation challenges. Ethel was created with the complete relocation logic and 30+ years of experience in relocation, it has full-time access to all the updated procedures and documents.
Collectively, these technological components assist individuals in navigating the complexities of international relocation with ease, from planning and tracking to document management and AI-powered support. Our technology leverages modern tools, AI capabilities, and digital platforms to improve the relocation process.
- A new business model or process that relies on technology to be successful
- Artificial Intelligence / Machine Learning
- Big Data
- Software and Mobile Applications
- Luxembourg
- France
- Italy
- United States
Full time: 2
Part-time: 4
Advisory board: 2
1 year
MoveMe is deeply committed to fostering a diverse, equitable, and inclusive work environment. Our team reflects a rich background, experiences, and perspectives, ensuring that we collectively bring a wealth of insights to our work. Here's how we actively promote diversity and inclusion:
1. Diverse Team Composition: Our team comprises members from various nationalities, including Honduras, Hungary, Italy, the Netherlands, Luxembourg, and Portugal. We span multiple age groups, from 25 to 70 years old, which contributes to a diverse blend of experiences and viewpoints.
2. Gender and Sexual Orientation Inclusivity: We take pride in our team's diversity, which includes two gay men and two women in prominent roles. This diversity highlights our commitment to fostering an inclusive environment where all team members are empowered to thrive.
3. Diversity as a Value: Diversity is not just a buzzword at MoveMe; it's a fundamental value. We actively seek individuals with diverse perspectives, experiences, and backgrounds to join our team, recognizing that this diversity fuels innovation and enhances our problem-solving capabilities.
4. External Engagement: Beyond our internal practices, we actively engage with external networks, communities, and partners to promote diversity and inclusion in the broader context of our industry.
At MoveMe, we believe that diversity and inclusion are not only ethical imperatives but also critical drivers of innovation and success. We are committed to creating a welcoming, empowering, and inclusive environment for all team members, ensuring that our diverse backgrounds and perspectives enrich our solutions and drive a positive impact on the company.
Our business model is a mix of B2B and B2C and revolves around delivering valuable services to our primary customers and beneficiaries, including students, professionals, and a wide range of service providers. Here's how we provide value and generate revenue:
1. Universities and Educational Institutions: We partner with universities and educational institutions to offer our platform to their incoming students. These partnerships involve licensing our platform, including services like PlanMe, TrackMe, and FileMe, to support students' relocation journeys. Universities benefit by enhancing their students' experiences and simplifying administrative processes.
2. Service Providers: We collaborate with various service providers, such as banks, insurance companies, telecom providers, and more, to connect them with our user base. These partnerships enable service providers to target our audience effectively and offer their services to students and professionals who are relocating to Luxembourg.
3. Monthly Subscription Fees: Users, including students and professionals, if not part of our partners pay a monthly subscription fee to access and utilize the MoveMe platform.
4. Additional Revenue Streams: In addition to subscription fees, we explore other revenue streams, such as one-time fees for specific premium services, advertising opportunities, and commissions from service providers who secure customers through our platform.
Our business model is designed to be flexible and adaptable, catering to the evolving needs of our user base and partners. By offering valuable solutions that simplify relocation processes and enhance experiences, we generate revenue while simultaneously driving positive social impact by assisting individuals and organizations in their relocation journeys.
- Organizations (B2B)
Our plan for financial sustainability revolves around diverse revenue streams and strategic partnerships that align with our mission. To ensure long-term financial sustainability, we focus on the following key approaches:
1. Service Contracts with Key Stakeholders: We have established partnerships including a bank, insurance company, telecom provider, moving assistance, and housing solution. These organizations pay us licensing fees to be our exclusive partners in their industry and target our user base.
2. Subscription Fees from Users: From this year onwards our platform will operate on a subscription-based model, where users, including students and professionals, will pay monthly fees to access our services. This ongoing revenue source helps cover our operational expenses and ongoing development efforts.
3. Premium Services: We offer premium services and features within our platform for an additional fee. These services cater to users who seek enhanced support and personalized assistance during their relocation journey.
4. Advertising and Promotional Opportunities: We provide advertising and promotional opportunities to relevant businesses and organizations looking to target our user base. This revenue stream supplements our income and expands our financial sustainability.
5. Expansion to New Markets: As part of our growth strategy, we plan to expand our services to new markets outside Luxembourg. This expansion will open up additional revenue opportunities and diversify our income sources.
Evidence of our financial sustainability plan's success includes the following:
- Signed Contracts: We have successfully closed multi-year deals with major banks, insurance companies, telecom providers, and other service providers in Luxembourg. These contracts have resulted in substantial revenue generation in our first year of operations, with total revenues exceeding 65,000 euros.
- User Subscriptions: We have created a 3-tier subscription model for users that find us organically through the web.