COMATCH, the marketplace for independent top management consultants and industry experts, successfully completed its second round of financing. Acton Capital Partners led a € 4 million investment with existing investors Atlantic Labs, lead seed investor Christophe Maire and b-to-v joining in as well.
COMATCH was founded by Christoph Hardt and Jan Schächtele. They are both former McKinsey consultants. The young company currently counts 15 employees in its Berlin office. Since the launch in March 2015, over 850 top management consultants have been admitted into the network and more than 120 consultancy projects have been placed. The COMATCH team is composed of 50% management consultants, 20% finance experts and 30% industry experts. Approximately 40% of all management consultants have experience at top consultancies such as BCG, McKinsey or Roland Berger. The Finance Experts, meanwhile, have background from the Big 4 (Deloitte, EY, KPMG, PWC). And the Industry Experts an average with more than 10 years industry experience.
The COMATCH platform is matching consultants with clients in need of external support for a project. Companies of all sizes use it – international corporates as well as consultancies, startups and SMEs. The website is available in five languages with local sales teams for the Benelux countries and also for Scandinavia. They are attracting international consultants and clients.
Consultants that want to join the platform have to pass a two-step selection process to guarantee high quality of consulting. Approximately 40% of applications are declined. It is worth it, because company representatives say that they receive an excellent rating from clients with 9,2 out of 10 points on average.
COMATCH will use the new funds primarily to expand its position as the market leader in the DACH countries – Germany, Austria and Switzerland – and to take further steps towards international markets.
Co-founder Christoph Hardt commented:“Thanks to the new funding we will be able to continue on our ambitious growth trajectory in the next two to three years. We are planning to expand our first mover position in Germany and at the same time aim at becoming the biggest European platform for independent management consultants. We want COMATCH to be first in mind with companies seeking management consulting services and with every consultant who leaves a renowned consulting firm. We are pleased that Acton and our existing investors share the same vision.”
Check out the video below in order to learn more about COMATCH and its team. The Berlin-based company was recently features on Hey-Startups, a new online platform filming startups in selfie perspective.