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YEC Member Company HourlyNerd Closes $22 Million Series C Funding Round

YEC member company HourlyNerd recently raised $22M in a Series C financing round. Led by HourlyNerd's co-founder and co-CEO, YEC member Rob Biederman, HourlyNerd is the leading technology platform delivering elite business talent.

The round was led by General Catalyst Partners with participation from Highland Capital Partners, GE Ventures, Mark Cuban, Greylock Partners and Bob Doris of Accanto Partners. This new funding round brings HourlyNerd's total amount raised to more than $33M.

HourlyNerd has built a global network of nearly 25,000 boutique firms, custom teams, and independent experts, as well as best-in-class software tools for engaging and managing this market. Based in Boston, HourlyNerd serves thousands of enterprise clients such as GE and Pfizer.

The funding will be used to further refine the company's industry-leading software product and to educate the market on the future of work and the need for flexible business talent.

"This is a tipping point for our business," said Biederman. "Top professionals are choosing to be independent: controlling where, when and how they do business. When we started in 2013, we believed that talent should be able to find opportunity in a radically different way. To gather such momentum so quickly has been rewarding and speaks to a massive market opportunity; we're only scratching the surface. Talented people will gain even more freedom and flexibility in coming years, and we're excited to help drive that transition."

Read more in HourlyNerd's press release and in the Boston Business Journal here.