2237: Jobbatical. - The Tech-Driven Solution to Employee Relocation
Tech Talks Daily15 Jan 2023

2237: Jobbatical. - The Tech-Driven Solution to Employee Relocation

Karoli Hindriks, an Estonian entrepreneur, has made a major pivot in her business that has proven to be a game-changer for her company, Jobbatical. In 2018, the company was recognized by Forbes as one of Europe's 10 most exciting technology SMEs. However, as Karoli noticed that the biggest problem for her clients in international hiring was not the hiring process but getting people into the country, she decided to take an incredible leap of faith.

Karoli decided to focus on automating the immigration and relocation process, providing businesses with a way to retain talent amidst a growing global skills shortage. Her new business model, which removes the friction of labour mobility, became more critical than ever in 2022 as worker priorities continue to shift in favor of borderless working in the wake of the pandemic.

As a result, business has been booming for Jobbatical, with 8x ARR growth in the past 12 months alone. Karoli's entrepreneurial spirit began early, founding her first company at 16 and becoming the youngest inventor in Estonia to have a registered patent. By the age of 23, she became the youngest-ever CEO at MTV. In 2021, she gave a talk at TED@Monterey, becoming the first person from Estonia to ever speak on the main TED stage in the US.

Karoli's TEDtalk, "Why Passport Needs an Upgrade," has been translated into twelve languages. In 2020, the EU Council named her one of 8 most inspiring women in Europe, and this year EU-Startups named her one of the 50 most influential women in the European startup and VC space for the seventh year running.

Karoli shares her story, Jobbatical's journey, the importance of hiring beyond borders, why being resilient in business is critical for success, and her famous Happy Dance in Times Square.

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