Mark Cuban-backed Catalant snags InsightSquared co-founder
Boston-based Catalant — known as HourlyNerd until 2016 – named its first chief information officer Tuesday, continuing a series of high-level hires as the startup prepares for the next stage of growth.
Bryan Stevenson will take over the CIO role, overseeing Catalant’s engineering team. Stevenson was most recently the chief technology officer at Boston-based sales software firm InsightSquared, which he co-founded in 2010.
“Technology is forefront to everything we do,” Patrick Petitti, co-founder and co-CEO of Catalant, said in a statement. “Bryan is not just a technology leader – he’s an incredible founder and company leader, and he has experience scaling technology platforms and organizations. His addition to the team will allow us to focus our efforts on continued technological innovation to meet the needs of our fast growing customer base.”
Founded in 2013, Catalant operates a network of freelancers and other on-demand business experts. It connects that network via its proprietary software to enterprise customers that need specific projects completed in areas like market research, customer research and strategy.
The startup has raised $33 million to date. Angel investor and Dallas Mavericks owner Mark Cuban first invested $450,000 in the company’s seed round in 2013. He also participated in a $22 million round the team raised in the summer of 2016. That round was led by General Catalyst Partners and also included investments from Highland Capital Partners, GE Ventures, Greylock Partners and Bob Doris of Accanto Partners.
Kelly O’Brien covers startups, venture capital and tech in Greater Boston.