Jobbatical raises $4 million to take on the Asia-Pacific market

Estonian-founded recruitment platform Jobbatical has raised $4 million led by Japan’s Mistletoe Inc. with participation from Union Square Ventures, AirTree Ventures, and Tera Ventures.

Jobbatical highlights job and recruitment opportunities in different regions, specifically outside of the obvious hubs like Silicon Valley, to remove “geographical bias” in hiring.

The new funds will be invested in expanding further in Asia-Pacific, which is tipped to be a big market for job growth. Japanese investor Mistletoe, which invests in the APAC region, is led by Taizo Son, the younger brother of SoftBank founder Masayoshi Son.

“Our experience shows there is a huge opportunity in the Asian markets with locations like Tokyo, Singapore, Hong Kong, and Kuala Lumpur,” said Karoli Hindriks, CEO of Jobbatical (pictured, right). “This funding will help us accelerate our efforts in these markets, as well as others, to give our users the best job opportunities possible.”

“I have always believed that innovation comes from the connecting of diverse dots. Jobbatical is doing precisely that - connecting talent globally,” added Mistletoe’s Son. “We have been drawn to Jobbatical’s vision for the future of work itself, that it will be more global and collaborative, and that this will be enabled, when people work where they are happy. That people’s skills and happiness will be borderless, and seamless.”

Australian firm AirTree also contributed to the round and will assist Jobbatical in getting a foothold in APAC. “Jobbatical is fixing the very real and growing problem of talent displacement. At AirTree, we’re passionate about companies that are reshaping the way we live and work; Jobbatical’s mission to make the job search global fits right in with that,” said partner John Henderson.

“The way we all live and work is changing, from the emergence of new technologies to the attitudes of the young professionals that will come to define the global workforce,” added Hindriks.

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