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HourlyNerd.com – freelancing business consultants site raises $22 million

hourlynerd

Boston-based startup HourlyNerd.com connects companies with external business experts when they need it.
In the past few years, HourlyNerd has grown its user base, and it now consists of 25,000 business experts and 5,000 businesses worldwide including Microsoft Corp., Staples Inc., and General Electric Co.

It recently closed $22 million in a Series C round. The funding round, which has brought the company’s total capital raised to more than $33 million, was led by General Catalyst Partners and included other investors like Highland Capital Partners, Mark Cuban, Greylock Partners, GE Ventures and Accanto partners.

“This is a tipping point for our business,” Rob Biederman, co-founder and co-CEO of HourlyNerd, said in a statement. HourlyNerd plans to use the recent funding to work on its software product, in addition to getting word out to businesses about the benefits of leveraging flexible talent.

HourlyNerd provides customers with programming and other skilled staff for a short-term need without having to recruit and hire the talent themselves. HourlyNerd charges both the consultant and the client a fee for setting up each project and handling payments between the two.
HourlyNerd said its consultants can offer expertise on a wide range of projects, including market research, interim executive services, and research on potential acquisitions.

Company Website – https://hourlynerd.com/

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