/Companies

UrbanBound

Chicago, US · Founded 2011 · Delaware corporation · 44 employees on LinkedIn · 4 known investors

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UrbanBound provides relocation management software that helps employers coordinate and manage employee, candidate, and intern moves while reducing relocation program costs and administrative work. It serves HR and recruitment teams at organizations relocating staff.

Founders & leadership

UrbanBound was founded in 2011 by Michael Krasman and Jeffrey Ellman.

MKMichael Krasman
Michael KrasmanCEO & Co-FounderHe previously co-founded Versity.com, which was sold in 2000, and held financial and product roles there; earlier he worked as a financial analyst at Donaldson, Lufkin and Jenrette in New York, and graduated from the University of Michigan's Ross School of Business.
JE
Jeffrey EllmanPresident, Assistant Secretary and Director.

Board

LDLawson DeVries
Lawson DeVriesBoard directorManaging General Partner at Grotech Ventures

Investors · 4

Funding

SEC filings, press & company announcements

$9.9M disclosed across 3 of 6 rounds · 2013–2020

▶$3.8MraisedMar 2020 · 28 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawson DeVriesDirector
  • Constance FreedmanDirector
  • Jeffrey EllmanExecutive Officer, Director
  • Michael KrasmanExecutive Officer, Director
Amount sold
$3.8M
Minimum investment
$1
First sale
Mar 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶Undisclosed amountofferedDec 2018 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael KrasmanExecutive Officer, Director
  • Lawson DeVriesDirector
  • Jeffrey EllmanExecutive Officer, Director
  • Constance FreedmanDirector
Minimum investment
$1
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.6MraisedNov 2015 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael KrasmanExecutive Officer, Director
  • Lawson DeVriesDirector
  • Jeffrey EllmanExecutive Officer, Director
  • Constance FreedmanDirector
Offering amount
$8.6M
Amount sold
$4.6M
Minimum investment
$1
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedSep 2015 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael KrasmanExecutive Officer, Director
  • Jeffrey EllmanExecutive Officer, Director
  • Lawson DeVriesDirector
Offering amount
$1.6M
Amount sold
$1.6M
Minimum investment
$1
First sale
May 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through UrbanBound went on to found or lead other companies.

Related companies · 5

Companies working in the same space as UrbanBound.

In the news

Frequently asked questions

What does UrbanBound do?
UrbanBound provides relocation management software that helps employers coordinate and manage employee, candidate, and intern moves while reducing relocation program costs and administrative work. It serves HR and recruitment teams at organizations relocating staff.
Who founded UrbanBound?
UrbanBound was founded by Michael Krasman, Jeffrey Ellman in 2011.
Who are UrbanBound's investors?
UrbanBound's investors include Chartline Capital Partners, Grotech Ventures, Moderne Ventures, StarVest Partners.
How much funding has UrbanBound raised?
UrbanBound has disclosed $9.9M raised across 3 of its 6 known rounds.
Where is UrbanBound headquartered?
UrbanBound is headquartered in Chicago, US.