US: Global mobility technology company, Equus Software, has announced its plans to invest in ReloQuest, a corporate housing management company.
The investor, Equus Software, is a leader in cloud-based relocation and mobility solutions that has assisted over 2,000 organizations around the world to help move employees efficiently.
Mark Thomas, CEO of Equus, said: “We continue to focus on evolving and investing in our business to address the growing needs of managing a globally mobile workforce. Both companies have been the leaders in global mobility innovation, and we are excited to further align our solutions to accelerate our clients’ success.”
ReloQuest focuses on corporate housing and helps to deliver an array of options of furnished accommodations and hotels to its clients. ReloQuest aims to make finding corporate housing a simple process through its unique use of technology, and, on average, the company saves its clients about 25 per cent.
ReloQuest is the winner of several Serviced Apartment Awards, including its most recent wins for Best Service Provider and Best Use of Technology in 2020.
Thomas said: “ReloQuest is the Airbnb of corporate housing, which just makes sense, and was inevitable. We love to see innovative technologies that improve costs and streamline operations for our clients, so we were thrilled to be able to invest in ReloQuest’s future.”
This new business relationship exists to help further Equus’s commitment to improve client mobility and to help improve innovation and efficiency across the sector. Equus’s recent success with its AssignmentPro platform is predicted to pair well with ReloQuest’s technology to help streamline global mobility and business travel.
Darin Karp, CEO of ReloQuest, said: “We are thrilled to be working with Equus, which offers extensive experience in scaling technology-enabled platforms. By offering an exclusive experience to Equus clients, we will help them focus on delivering improved innovative solutions for their global employees.”
