£2.1m investment for MBA-level freelancer marketplace MBA & Co

Business founded by Young Guns Daniel Callaghan and Adam Riccoboni has recently appointed senior executives from eBay and Ancestry.com

MBA & Co, the online platform which connects businesses with MBA-level freelancers, has secured £2.1m in its latest investment round as it seeks to become the “leader in the on-demand talent market”.

Launched in 2009 by Growing Business Young Guns Daniel Callaghan and Adam Riccoboni, London-based MBA & Co enables companies to find qualified experts to work on short-term, strategic or operation projects from its network of independent consultants.

The business has grown to a network of over 20,000 independent consultants globally and now handles over £20m of consulting projects annually for customers including Royal Sun Alliance, Pizza Hut and Comparethemarket.com.

It plans to use the investment to develop its team and offering having recently appointed executives from a number of well known brands. Former Ancestry.com executive Olivier Van Calster has joined as COO, Oliver Ridley; who has held senior roles at eBay and Thomas Cook, has joined as head of product, marketing expert Dorothy Mead has joined as head of marketing, and Sandeep Dhillion; who headed up the TMT practice at GLG, has been appointed finance and strategy director.

Callaghan commented:

“Just like our clients, we realise the value of talent, and the recent round of funding has allowed us to build a senior team who have worked for some of the largest online brands in the world, and who will push MBA & Co to the next level. The resource will also help us to build greater visibility and take our technology innovations out to a wider market.

“The on-demand talent market will continue to fundamentally change the way organisations do business and how individuals work.

“The trend is clearly evident on both sides of the market, with an increasing number of excellent consultants preferring to take advantage of a more liberated model and deliver great work to clients in their own name rather than through big brands.”

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