Mancx operates a patent-pending platform that matches incoming business questions with the right experts and manages all aspects of the transaction, including payment. The service supports answers in multiple formats (images, audio, CAD/CAM, .doc, .xls), enables buyer and seller anonymity, and handles pricing negotiation, quality assurance, and a money-back guarantee. Mancx positions itself as the world’s first community for paid business answers delivered through social networks such as LinkedIn and Viadeo. The company targets executives, entrepreneurs, sales professionals and others who need tailored, reliable business information. Mancx has dual headquarters in San Francisco and Stockholm and was described in the announcement as a trusted community for business answers. The recent financing will be used to expand the platform and its global community. Mancx operates a transactional knowledge market in which users post requests for business intelligence and attach bounties; Mancx takes a 20% commission on bounties. Requests can be posted anonymously and cover items from marketing leads and sales data to practical recommendations such as iPhone developers. The site launched in April and is based in Stockholm, Sweden. Mancx has hired Jonas Bergström as Head of Development; he was previously lead developer at online gaming provider bwin. The company says new funds will be used to support further development of its knowledge marketplace and to drive an aggressive marketing push. Per-Arne Nordlander remains an investor and serves as chairman.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2012