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UrbanBound is based in Chicago and "helps companies offer a comprehensive transition system to their newly hired and transferring employees" over the web.

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One thing that surprises me about today’s crop of college graduates is that as a whole they seem far less willing to move for a job than one would expect (though this blog post says that’s changing). I think the biggest thing holding young people back is that you often have to move to a new city to even have a chance at landing a job there. That’s a big risk to take when you have no money. Things change as you gain more experience and become more valuable to employers. If you do really well, they’ll often try to convince you to move for them. Many will offer relocation bonuses, but only top executives typically get concierge-level relocation assistance. UrbanBound is trying to change that. They’re a Chicago, IL based company that offers “a web-based platform that helps companies offer a comprehensive transition system to their newly hired and transferring employees.” UrbanBound enables employees to plan their entire relocation in one place, and that’s a big deal when we’re talking about such a significant life change.

Are You UrbanBound Bound?

Moving is hard. I’ve moved less than a mile twice since I came to Chicago, and both times it was more stressful than it needed to be. When you add hundreds or even thousands of miles, a job change, a family, and other complicating factors, it can get completely overwhelming. UrbanBound’s platform covers all of the major things from helping you find movers to helping you research local schools. Unfortunately they don’t offer demos of the software to the public (you have to request one), but this video goes into some detail about what UrbanBound offers (click here if the video doesn’t load):

What I think is most interesting about UrbanBound is their business model. From what I’ve read, they’re not really relying on employers to foot the bill. Instead they’re using their platform to generate leads for businesses like moving companies, real estate agents, dentists, etc. UrbanBound gets paid a fee for each lead they generate. I’m not sure whether UrbanBound also charges employers for access to the platform, but it seems as though there could be a revenue stream there too. UrbanBound is still very early, but if you want to get involved, take a look at their Jobs page. Right now they’re hiring a Marketing Coordinator, a Business Development Manager, and a Ruby on Rails Software Developer.

Links to Help You Begin Your Research

Are you willing to relocate for a job?

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