HourlyNerd Raises $750K in Seed Funding
HourlyNerd, a Boston, MA-based platform for students and recent MBA graduates to get a part-time job, raised $750k in seed funding.
The round was led by Mark Cuban, who invested $450k, with participation from Accanto Partners and Connect Ventures.
Led by Patrick Petitti and Rob Biederman, HourlyNerd operates a marketplace that connects businesses with talented professionals who are still relatively affordable. It allows a business to post a project. The best MBA students and alumni for the work are then notified and can place bids. The business can sort through the bids and pick the right consultant for the job based on experience, pitch, and price. The consultant and business use the company’s shared workspace to complete the project, and when the work is done HourlyNerd transfers the money.