Indianapolis-based MakeMyMove secures $2.6 million in funding to enhance its platform aimed at attracting new residents to communities amidst the rising trend of remote work.
Target Information
MakeMyMove, based in Indianapolis, is a groundbreaking platform that assists communities in attracting new residents. This innovative service enables towns to promote their unique offerings and incentives effectively to potential newcomers. The company originated from TMap, founded in 2018 by Bill Oesterle, a co-founder of Angie’s List, and Evan Hock, a former executive at the same organization. Initially, TMap focused on drawing former Indiana residents back to the state as part of the burgeoning tech sector.
The arrival of the COVID-19 pandemic opened new avenues for TMap, leading to the establishment of MakeMyMove. Recognizing the rise of remote work, the company pivoted its approach to target remote employees, significantly expanding its scope and reach in a rapidly changing job market.
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Industry Overview
The remote work landscape has significantly evolved in the United States, particularly in the aftermath of the pandemic. More individuals are migrating from high-cost urban centers to a
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MakeMyMove
invested in
MakeMyMove
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $3M