HourlyNerd Nabs $22M

What does HourlyNerd do?

HourlyNerd, is the leading tech platform for business expertise. The company connects businesses with independent consultants for project based work at prices which are affordable. It connects MBAs from the top twenty business schools with medium and small sized businesses. This company connects alumni of premier companies such as Goldman Sachs, McKinsey and other businesses looking for a cost efficient and flexible way of addressing business challenges. Global companies leverage this platform’s software solutions for accessing business expertise and knowledge by connecting with external resources in real time. The company’s matching algorithm can help in identifying the right expert of boutique company for a provided name in minutes, enabling enterprises to react more slowly and with much more efficiency than alternatives. The company’s user based has increased to 25,000 business expert suppliers serving 5,000 companies globally, including nearly 10% of the Fortune 1000 companies.

How much HourlyNerd was funded?

The company has raised $22M in Series C on July 5, 2016 from Bob Doris, Mark Cuban, Greylock Partners, Highland Capital Partners,  GE Ventures and General Catalyst Partners.

Previous funding

• $750k on September 12, 2013 from Accanto Partners and Mark Cuban
• $4M in Series A on March 26, 2014 from Greylock Partners and Highland Capital Partners
• $7.8M in Series B on February 4, 2015 from Highland Capital Partners, GE Ventures, Greylock Partners, Semil Shah and Scott Cook.

What is next for HourlyNerd?

HourlyNerd plans to use the latest funding for further refining its industry leading software product and for educating the market on the future of work and the need for flexible business talent. The company is investing to define and grow a category.

More about HourlyNerd

HourlyNerd was founded in 2013 by Rob Biederman, Joe Miller, Pat Petitti and Peter Maglathlin. It has its headquarters in Boston, Massachusetts.