HR Tech Platform Jobbatical Gets €11.6M To Make Employee Relocation Fully Paperless

September 13, 2022 | 2 minutes read

HR tech platform Jobbatical making employee relocation easy and hassle free nets €11.6M.

With an aim to make employee relocation easy Tallinn based AI platform Jobbatical nets €11.6M. In a round led by Inventure VC, also witnessing the participation of Karma VC, Metaplanet and current owners Union Square Venture and Swiss Post. Angel investors including Joe Zadeh, former Head Airbnb experiences and Devotion Ventures also participated in this round.

Rise of HR Tech

HR tech facilitating the HRs and talent around the globe is now one of the leading industries. In recent years many startups have appeared with innovative solutions. Such as Recruitary, Recruit Lab reducing hiring time by 50%, Kula and Unboxable.  

Jobbatical: AI enabled Platform

But Jobbatical is comparatively old and was founded in 2014 by Karoli Hindriks and  Ronald Hindrik. It wants to automate the cumbersome manual work involved with the relocation administration. Thus saving time of HRs by automating the repetitive tasks and providing a delightful relocation experience especially for international employees.

It guarantees that with them there will be no losing track of millions of email threads so all messages are in one place, accessible to all the team members. Also, it allows a glance or depth, view of all the cases on your dashboard and provides the data its users might need for planning and reporting.

The startup also offers a wide range of other value-added services.Such as assisting talents, opening bank accounts, locating housing and filing taxes, addressing many of the issues related to employee relocation to new nations.

With clients such as N26,  Personio, and Pipedrive-the startup from this infusion of capital plans to start operations in 30 new markets in the coming 24 months.

CEO Karoli Hindriks said:

“Smart employers love the idea of hiring from abroad. But confusing, often seemingly impossible paperwork stops perfect hires from happening. So Jobbatical started doing immigration. We got good at it and realised that if we focused all our efforts on our immigration platform, we could help more people. Jobbatical today is the go-to immigration partner for tech startups and traditional companies alike. We free up time for employers to make more hires.”