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VC Firm Moderne Ventures Welcomes Shyft, A Silicon Valley Logistics Platform Company, to its Summer Cohort Passport Program

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VC Firm Moderne Ventures Welcomes Shyft, A Silicon Valley Logistics Platform Company, to its Summer Cohort Passport Program

Company formerly known as Crater rebrands to Shyft - Launches new moving platform for relocation management and Fortune 500 companies to power corporate relocation for the global mobility workforce

PR Newswire

SAN FRANCISCO, Aug. 22, 2018 /PRNewswire/ -- As the leader in technology and logistics enablement for the moving and relocation industry, Crater announces newly rebranded company: Shyft.  The rebrand reflects the company's commitment to developing a powerful state-of-the-art technology CRM platform for relocation management and moving companies. The new name, logo and website comes at a pivotal time for the company, which was the first to market with their virtual inventory estimation technology used by over 300 of the largest moving companies worldwide over the last three years. 2018 includes strong revenue growth, expansions in their San Francisco and Belgrade operations, new leadership and board member plus a new product launch built for relocation management and Fortune 500 companies to power corporate relocation for the global mobility workforce.

"We are very excited to announce our new brand today and the launch of our corporate relocation platform," said Alex Alpert, CEO of Shyft. "The Shyft corporate relocation platform redefines the user experience and makes booking a move for transferee's seamless, easy and fun. It's an honor to be part of Moderne Ventures Passport Program and we are pleased to offer this innovative solution to corporations within the Moderne Network."

The Moderne Passport is a 7 month industry immersion program that helps companies refine and execute their go-to-market strategies, connect with Members of the Moderne Network™ – over 700 corporations and executives from market leading companies– and provides mentorship, pilot opportunities and even investment and acquisition potential for participants.

"We are thrilled to have Shyft join the Moderne Ventures Passport Program," said Constance Freedman, Founder and Managing Partner of Moderne Ventures. "Shyft's technology platform and user experience for corporate relocation is going to redefine how Fortune 500 companies move their global workforce around the world.  We look forward to helping Shyft with their go-to-marketing strategy, growth and customer acquisition in the coming months."

Millennials are relocating for jobs at an unprecedented pace. With that in mind, Shyft has created an optimal workflow and user experience targeting this global mobility workforce. The workflow takes into consideration essential components beyond just the move to help the transferee assimilate into their new community seamlessly while providing an optimal moving experience, including assistance on renting or purchasing a home.

To learn more about Shyft visit shyftmoving.com.

To learn more about Moderne Ventures visit https://www.moderneventures.com/

About Shyft

Shyft (formerly Crater) is focused on developing a state-of-the-art CRM technology platform for moving and relocation management companies to provide powerful user experiences, data insights and superior customer service to their customers. Shyft has offices in San Francisco, CA and Belgrade, Serbia; and is backed by notable investors including NFX Guild, Ocean Azul, Keiretsu Capital, the Band of Angels, Frontier Ventures and others.  For more information visit shyftmoving.com.

About Moderne Ventures

Moderne Ventures is a Chicago-based venture capital firm focused on early stage investments in the real estate, finance, insurance and home services industries. The Firm also runs the Moderne Passport, an industry immersion and customer acceleration program that works with innovative technology companies of all stages and sizes to connect them with customers and industry leaders to build and implement a competitive advantage through innovation. Through its proprietary Network of more than 700 corporations and senior executives, Moderne provides its portfolio companies guidance, potential for capital and a chance to form business relationships with the most prominent companies in its industries. For more information please visit, https://www.moderneventures.com/.

This release was issued through WebWire®. For more information visit http://www.webwire.com.

 

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SOURCE Shyft

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