MBA & Company, a global marketplace that provides elite strategy consultants for short-term projects, has raised another £800,000 from existing investors MMC Ventures and Piton Capital, taking the company’s total funding to over £2m.
MBA & Company’s service is an alternative to traditional hiring of interims and consultancies, by providing a marketplace that connects businesses of all sizes to a vetted pool of high quality project professionals. With 20,000 consultants in its network, MBA & Company has grown geographically, and in breadth of expertise, to become equivalent in size to a global top-ten management consultancy firm. Strategic and operational projects have been completed in 50 countries and across 40 industries, collectively saving its clients £30m compared to using traditional consultancies. The London-based startup was founded in 2009. In 2011 we did an interview with the company’s founder Daniel Callaghan.
The startup’s clients range from entrepreneurs looking for pre-launch research and support, through to multinational companies and investment houses. Recent projects have been completed for Rubicon Partners, HgCapital, General Motors, Pizza Hut and Sharp.
This latest funding is the second phase of last year’s MMC Ventures and Piton Capital funding round, and will be used to scale the business internationally and to a new on-demand model of having ad hoc project work delivered through instant access to the global pool of independent professionals.