Companies Leaving California
Moov Technologies Leaves California for Arizona
Moov Technologies left California for Arizona in 2021. The company employs approximately 100 people, though it is unclear how many were directly affected by the relocation.
In Buildremote's database of companies leaving California, Moov Technologies is one of 8 companies that have moved to Arizona — 4% of our total database, and one of 60 that left (29% of all tracked departures) in 2021. Moov Technologies is also one of 71 companies with between 100 and 999 employees to have left the state, accounting for 34% of all relocations in our database.
See all companies that moved to Arizona → · See all companies that left California in 2021 →
Moved To
Arizona
When
3/10/2021
Employees
100
Moved From
California
"“The first and obvious elephant in the room to address is that the cost of living is much more favorable in Arizona, meaning the dollar goes further in Arizona compared to the San Francisco Bay area."" — Source
Frequently Asked Questions
When did Moov Technologies leave California?
Moov Technologies left California in 3/10/2021.
Where is Moov Technologies headquartered now?
Moov Technologies relocated its headquarters to Arizona after leaving California.
Why Are Companies Leaving California?
Companies cite a consistent set of reasons for leaving California: taxes, regulation, and the cost of living. Executives have pointed to the ability to reduce state corporate tax rates by more than a third after relocating, and many describe searching for a "more sustainable place to do business." California's regulatory environment is frequently mentioned — in the state, "local rules could dictate how the company chooses board members, for instance."
Talent is another major factor. While California has long been a talent magnet, executives now describe finding "a great talent pool" in their new states — and the ability for employees to actually afford to live there. As one CEO put it, their employees can be homeowners in Texas, "which in the Bay Area is virtually impossible."
Others cite cultural reasons: an "increasing intolerance and monoculture of Silicon Valley," and a desire to find a state with "a strong economic climate with low taxes, reasonable regulations, and a high-caliber workforce." States like Texas, Florida, and Arizona have actively marketed themselves as alternatives — Arizona, for instance, offering "the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost."
For many companies, the decision comes down to practical business needs: "our business needs, opportunities for cost savings, and team members" — and an acknowledgment that there were "some symmetries in the way that the Bay Area works that just didn't really work well for us."
Buildremote Research
Companies Leaving California — The Complete Database
Every company that has left California since 2020. Destinations, dates, employee counts, and sources — all in one spreadsheet.
Related California Research
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Data compiled by Buildremote. Last updated April 23, 2026. Sources linked above.