Categories: Jobs

What is the Revenue of Jooble?

Jooble aggregates job vacancies from across the internet and displays them all in one central place, making it easy for users to quickly locate relevant positions that meet their criteria and apply in just a few clicks.

Roman and Zhenya work full-time at Jooble and are dedicated to producing its product. Instead of assigning tasks by traditional roles, whenever any issue arises, they tackle it as a team.

Revenues

Jooble is a search engine that aggregates job listings and resumes from various sources, providing users with features like filtering by salary and location. Additionally, its user interface is intuitive, and its data updates in real-time; plus, there’s even a mobile app! In addition, Jooble also provides tools to assist recruiters in finding top candidates.

Roman Prokofiev and Eugeniy Sobakaryov established their company in 2006. After meeting at Kyiv Polytechnic Institute, where they both studied computer science, they decided to launch a business venture together by investing $50,000 of their funds in it.

After several years, Jooble expanded, reaching over $200,000 per month in revenues by 2008. But then came the global economic crisis, and Jooble saw its revenues plummet drastically; nonetheless, it survived and even managed to increase profits in specific markets.

Jooble currently ranks among the top five job aggregators worldwide and generates most of its income through advertising. However, recently, Jooble launched a service to assist companies relocating laid-off employees – offering virtual one-on-one coaching, resume writing, and access to iHire’s job-matching technology.

Even though the company does not disclose its revenue publicly, they operate using a pay-per-click model similar to online advertising. They generate their earnings via paid clicks on ads displayed on its website and email placements as well as subscription fees and ad sales.

This company operates out of Ukraine, paying taxes there and not seeking outside investments as its revenue generates enough funds.

Jooble is dedicated to both paying salaries and hiring new employees as well as supporting various charities with charitable donations of over $5 Million, setting up a fund to hire refugees, providing financial support, hiring hundreds of Ukrainian military personnel for jobs with Jooble as well as starting an initiative that employs Ukrainian refugees in Europe.

Costs

Jooble goes beyond its salary and office expenses by investing in data aggregation as part of its expenses. They enlisted DataDome’s bot protection solution to safeguard their website against advanced scraper bots that skew analytics and compromise conversion rates, freeing up 30 man hours every month as they report better results from this move.

Though Jooble faces competition from other job platforms, they claim to offer more job openings than any other service. Their job collection engine collects listings from social media pages, corporate websites, and job boards before providing them directly to employers who wish to post job listings online. Jooble doesn’t charge employers for searching or posting job ads online but may charge extra to make them more visible.

Jooble offers more than free job searches; their services include candidate sourcing, ATS integration, and automated email campaigns – used by companies worldwide, from small startup firms to multinational corporations. Plus, they provide new users with a free trial period!

Horizon Capital provided financing for its founding. Its founders wanted to develop a service to assist people in finding remote work to bypass daily office visits.

After the global economic crisis of 2008-2009, TeamSoft almost went bankrupt; however, thanks to revenues generated from search advertising revenue and investments from partners, it managed to remain solvent. They soon left TeamSoft offices for Shutova Street 9 between Beresteyskaya and Shuliavskaya metro stations, renting a 25 square-meter space on Shutova Street 9.

Jooble currently employs more than 200 individuals and serves over 70 million job seekers globally, with its headquarters in Kyiv, Ukraine. Many review sites, such as Trustpilot, have awarded Jooble top marks; however, there have also been negative comments posted by job seekers themselves on its platform.

Employees enjoy numerous perks at this company, from gifts on their anniversary of working for them and holiday bonuses to targeted financial assistance in times of difficulty. Furthermore, this company allows workers to freely select their work schedules – an additional perk allowing flexibility within a flexible lifestyle.

Employees

Jooble is an online job aggregator that aggregates job vacancies from over 140,000 sources worldwide daily, such as corporate websites, social media, classifieds, and classified ads. With over 67 million unique users and ranking among the Top 10 Websites Worldwide in Traffic for Jobs and Employment by SimilarWeb – its employees work tirelessly to make hiring processes effortless and straightforward for job seekers and employers alike.

Jooble was founded by two Ukrainian entrepreneurs who shared a background. They met while attending Physics and Technology Lyceum, attended Kyiv Polytechnic Institute together, shared dormitories, and later Yevgen Sobakarov asked Roman Prokofiev to work on creating a news aggregator with him; within six months, the pair completed Jooble successfully without making a profit for at least 1.5-2 years (but eventually rent offices or pay market salaries to employees).

As the economy faltered, Jooble was forced to adapt its business model. They began recruiting and advertising jobs on their website. This change led to more employees joining Jooble, currently employing over 100 individuals worldwide with offices in the Kyiv Region and 50+ countries of global presence.

Jooble is an IT product company focused on global job search websites used by millions of people from 67 countries to find work. Additionally, the company provides an applicant tracking system (ATS) which helps companies track applications and candidates.

Jooble is registered, and taxes are paid within Ukraine without seeking out foreign investments or leaving its home country, according to Roman Prokofiev. Their employees work tirelessly toward providing their clients with optimal results, and their dedication ensures a successful outcome is realized for everyone.

Investors

Jooble is an international job search engine that aggregates vacancies from different sources into one platform for easy viewing by millions of people in 67 countries every day – it is one of the top 10 most visited Jobs and Employment websites according to SimilarWeb. Established by Roman Prokofiev and Yevgen Sobakaryov in 2006 and located in Kyiv, Ukraine.

Investors include Dmitry Furtas Fund and Horizon Capital; revenue comes from clicks received on its site and advertisements placed by employers; applicant tracking systems help make hiring processes more efficient; competitors include Indeed and SimplyHired.

Jooble remains optimistic despite its current challenges, knowing its founders have strong IT experience and are working to expand globally. Additionally, the company invests in cutting-edge technologies that enhance user experience while drawing in more job seekers, plus mobile applications to allow job hunters to find vacancies on the go.

As a result, revenues for the company are expected to expand significantly by 2023. Furthermore, its team has identified and invested in promising projects with substantial profit-generating potential that will allow it to remain competitive in its market and sustain further expansion.

Jooble also enjoys an outstanding reputation with its employees, thanks to the absence of micromanagement – a crucial aspect for success in software development – encouraging employees to take the initiative and propose improvements. Furthermore, they provide various employee benefits, including free psychological consultations from leading psychologists and 50% discounts off certain services they use – such as 50% off certain psychologists’ services and webinars from experts covering subjects ranging from mental health support to financial literacy.

The company is expanding internationally, particularly in the US and Australia. This growth is necessary to increase their share of the $8.5 billion global recruitment market, estimated by this expansion. Furthermore, they are exploring innovative methods of reaching emerging market candidates, such as social media – this strategy has proven more successful than traditional methods.

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