UrbanBound
UrbanBound is a Chicago-based SaaS company that provides cloud relocation management software to enterprise employers, with a strong vertical focus on healthcare systems. Its platform streamlines employee relocations, candidate travel expenses, and intern housing through employer, employee, and supplier self-service portals, claiming up to 66% cost reduction per move.
- Company typePrivate
- Founded2009
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What UrbanBound does
UrbanBound is a Chicago-based cloud SaaS company that provides relocation management software to enterprise employers, with a pronounced vertical focus on healthcare organizations. Founded in 2009 and operating with 11-50 employees, the company's core platform covers three product surfaces: an Employee Relocation Platform that guides relocating employees through milestones, benefit tracking, expense reimbursement, and vetted supplier access; a Candidate Travel and Expense Management module that supports in-person recruiting workflows; and an Internship Program Management module that administers housing, payments, and travel for intern classes. The platform is delivered via separate self-service portals for employers (admin dashboard), employees (relocation management), and suppliers (direct-bill coordination), and exposes API integrations to client Applicant Tracking Systems (ATS) to automate employee invitations.
The product is supplemented by add-on modules including Co-Worker Insights, Company & Location Pages, UB Home, UB Marketplace (vetted supplier marketplace), a Roommate Exchange feature, VIP and VIP+ concierge tiers, a Return-to-Office module, a Lump Sum Disbursement tool, a Relocation Policy Builder, and a Reporting & Analytics dashboard providing real-time spend and ROI visibility. UrbanBound claims its platform reduces administrative burden by 90% and cuts relocation program costs by up to 66% per move, with documented customer outcomes including 193% ROI at a large Texas healthcare system, $487K in savings at University of Vermont Health Network, and 94-97% employee satisfaction ratings across multiple healthcare clients.
The business model is quote-based annual B2B SaaS subscription pricing tailored to organization size, relocation volume, and feature requirements, with no publicly disclosed pricing tiers. UrbanBound employs a sales-led go-to-market targeting HR, talent acquisition, and mobility buyers at enterprise and mid-market organizations, supplemented by content marketing (podcast, webinars, eBooks, case studies), LinkedIn thought leadership, and dedicated healthcare vertical landing pages. The customer base spans healthcare (Cleveland Clinic, Mayo Clinic, St. Jude, UVM Health, Hartford HealthCare, City of Hope, Baylor Scott & White, Loma Linda, Pediatric Associates, Essentia Health), technology (Pixar, Zillow, MicroStrategy, Peloton, Gusto, Boom Supersonic, Indeed), construction (DPR Construction), and agriculture (Plenty). The company has raised approximately $19.8M across six funding rounds from 2011 to 2020, with institutional backing from Grotech Ventures, Moderne Ventures, Romar Capital Partners, StarVest Partners, and Wintrust Ventures, and remains privately held under founder-led ownership.
UrbanBound firmographics
Firmographics- Name
- UrbanBound
- Legal name
- UrbanBound, Inc.
- Website
- https://urbanbound.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- UrbanBound is a Chicago-based SaaS company that provides cloud relocation management software to enterprise employers, with a strong vertical focus on healthcare systems. Its platform streamlines employee relocations, candidate travel expenses, and intern housing through employer, employee, and supplier self-service portals, claiming up to 66% cost reduction per move.
- Ownership category
- akta.pro rank
UrbanBound industry classification
Industry- Product category
- Employee Relocation Management Software
- akta.pro primary industry
- Destination Services (Area Orientation, Settling-In) (HSAKAJAB)
Keywords
Where UrbanBound is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
UrbanBound business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Software Subscription Services: UrbanBound operates as a B2B SaaS company providing relocation management software on a subscription basis to employers. Companies pay for access to the platform to manage employee relocations, candidate recruitment, and intern programs. Pricing is quote-based and varies by organization size and needs.
- Relocation Management Services: The platform provides tools for managing relocation benefits, expense reimbursement, and supplier coordination. Revenue is generated through the software platform fees with additional value derived from cost savings (up to 66%) passed on to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise relocation management platform with customized pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels9 records
UrbanBound product offering
Product offeringCore offering
UrbanBound provides cloud-based SaaS software that enables employers to manage employee relocations, candidate recruitment travel and expenses, and intern housing and stipend programs from a single platform. The platform includes self-service portals for employers, employees, and suppliers, ATS integration, real-time analytics, and a vetted supplier marketplace, with a stated ability to reduce relocation program costs by up to 66%.
Product overview
UrbanBound is a cloud-based relocation management software platform that offers a unified solution for employee relocation, candidate recruitment, and intern program management. The core UrbanBound Employee Relocation Platform serves as the central system, with specialized modules including Candidate Recruitment for hiring travel and expense management, Internship Program Management for intern housing and stipend disbursement, and various add-on features such as Co-Worker Insights, Company & Location Pages, UB Home, UB Marketplace, and VIP/VIP+ service tiers. The platform integrates with client ATS systems via API, automates expense reimbursements, provides access to a vetted supplier network, and offers real-time reporting and analytics. Organizations can reduce relocation program costs by up to 66% while improving employee experience through streamlined processes, relocation consultants, and self-service portals.
Differentiator
Problem solved
Functional benefit
Products and services
- UrbanBound Employee Relocation Platform Cloud-based SaaS platform that guides employees through their relocation process with milestones, benefit tracking, vendor access, and relocation consultant support; reduces relocation program costs by up to 66% for employer HR, mobility, and talent acquisition teams.
- Candidate Recruitment Software enabling prospective employees to book travel, hotels, and submit expenses for reimbursement during the recruiting and interviewing process; designed for employer talent acquisition and recruiting teams to make in-person recruiting efficient.
- Internship Program Management Software for administering intern payments, providing housing options, and managing travel expenses for intern classes; designed for HR teams running internship programs to remove administrative burden.
Quantifiable outcome
- Reduces relocation program costs by up to 66%
- +5 more outcomes
Companies that use UrbanBound
Customer profileNamed customers26 records
Segments3 records
Ideal customer profiles3 records
UrbanBound technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature10 records
UrbanBound partnerships and signals
Strategic signalScale indicators15 records
Recent moves6 records
Expansion highlights4 records
UrbanBound competitors and assessment
Company assessmentEmerging players
- Hireology: Hireology is a Chicago-based HR/recruiting platform focused on multi-location and decentralized hiring, with overlap to UrbanBound's candidate recruitment and onboarding workflows. It targets similar mid-market and enterprise employers with distributed hiring needs.
Broad incumbents
- Workday: Workday is a major enterprise HR and financial management cloud platform with adjacent talent and workforce mobility capabilities. While not a pure relocation management tool, it competes with UrbanBound for HR budget allocation and increasingly bundles mobility-related workflows.
- NEI Global Relocation: NEI Global Relocation is an established full-service relocation management company serving enterprise clients. It overlaps with UrbanBound in managing employee relocation benefits and supplier coordination, but is primarily a service-delivery model with broader scope than a pure-SaaS platform.
- Sirva: Sirva is a global relocation and moving services provider combining technology platforms with full-service logistics. It serves enterprise HR and mobility teams comparable to UrbanBound's buyer base but extends further into physical household goods moving and global assignment services.
- Cartus: Cartus is one of the largest traditional relocation management companies globally, offering full-service relocation logistics as well as technology. It serves the same enterprise HR/mobility buyers as UrbanBound but delivers end-to-end physical relocation services alongside technology, making it a broader incumbent alternative.
- Weichert Relocation Resources Inc. Weichert Relocation Resources is a full-service corporate relocation and workforce mobility provider serving Fortune-class employers. It competes with UrbanBound for HR/mobility decision-makers, offering both managed services and technology, and overlaps in supplier network management and expense administration.
- WHR Group (Weichert Workforce Mobility): WHR Group is a corporate relocation management company providing full-service mobility solutions including technology platforms for tracking and reporting. It serves enterprise clients with similar relocation benefits administration needs as UrbanBound, but with a heavier services orientation.
Direct peers
- Topia (formerly MoveGuide): Topia is a SaaS mobility platform offering employee relocation, remote work, and business travel management. It competes most directly with UrbanBound in tech-forward relocation software for enterprise and mid-market employers, with overlapping modules for relocation management, supplier coordination, and employee experience.
- CapRelo: CapRelo is a tech-enabled relocation management company offering both managed services and a client-facing technology platform. It targets the same enterprise HR buyer as UrbanBound and competes closely on supplier coordination, policy administration, and employee experience.
- ReloQuest: ReloQuest is a technology platform for managing corporate relocation transactions, supplier coordination, and reporting. It directly overlaps with UrbanBound's core employee relocation platform capabilities and serves a similar enterprise HR buyer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
UrbanBound social profiles
Digital presenceUrbanBound compliance and trust
Trust signalCompliance3 records
UrbanBound financial estimates
Financial estimateRevenue estimate
Valuation estimate
UrbanBound leadership team
Management profileNumber of profiles
Profiles4 records
UrbanBound funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UrbanBound M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UrbanBound
What does UrbanBound do?
UrbanBound provides cloud-based SaaS software that enables employers to manage employee relocations, candidate recruitment travel and expenses, and intern housing and stipend programs from a single platform. The platform includes self-service portals for employers, employees, and suppliers, ATS integration, real-time analytics, and a vetted supplier marketplace, with a stated ability to reduce relocation program costs by up to 66%.
Is UrbanBound a public or private company?
UrbanBound is a private company. It is classified as venture growth investor backed and is currently operating.
When was UrbanBound founded?
UrbanBound was founded in 2009. It employs 11 to 50 people.
Where is UrbanBound based?
UrbanBound is headquartered in Chicago, United States, in the North America region.
How does UrbanBound make money?
Two revenue lines are on record. Software Subscription Services are the primary driver. The others are relocation Management Services.
Who are UrbanBound's main competitors?
Hireology is listed as an emerging player. Broad incumbents are Workday, NEI Global Relocation, Sirva, Cartus, Weichert Relocation Resources Inc. and WHR Group (Weichert Workforce Mobility). Direct peers are Topia (formerly MoveGuide), CapRelo and ReloQuest.
Does UrbanBound have an API?
Yes. UrbanBound's platform supports integration with client Applicant Tracking Systems (ATS) through APIs to enable automated employee invitation workflows. The Terms of Service reference third-party services integrated through 'application program interfaces (APIs) or other means.' The platform facilitates data exchange between employer systems and UrbanBound's relocation management system. Developer documentation is at www.urbanbound.com.
What industry is UrbanBound in?
UrbanBound's product category is Employee Relocation Management Software. Its primary akta.pro industry code is HSAKAJAB, Destination Services (Area Orientation, Settling-In).