Patrick Petitti is the CEO and co-founder of Catalant, an agile consulting services provider to the Fortune 500, which he established as a Harvard Business School class project in 2013. He co-authored a book named ‘Reimagining Work: Strategies to Disrupt Talent, Lead Change, and Win with a Flexible Workforce’, presenting a vision for a transformative relationship between global companies and talent. In recognition of his entrepreneurial achievements, Petitti received the EY Entrepreneur of the Year Award for the New England region in 2016. Before establishing Catalant, he worked as a consultant at Vantage Partners, specializing in negotiation and conflict management, and previously at Booz Allen Hamilton. Pat Petitti holds a Bachelor of Science degree from the Massachusetts Institute of Technology and an MBA from the Harvard Business School.
Overview: Catalant Technologies, Inc.
Catalant Technologies, Inc., formerly known as HourlyNerd, operates as a freelance marketplace leveraging a machine-learning algorithm to match client projects with independent consultants possessing the requisite skills and expertise. With a roster of over 70,000 independent consultants, Catalant facilitates the connection between clients and freelancers. The company is headquartered in Boston, Massachusetts.
The company was established in 2013 as part of a Harvard Business School course, as already noted above. The founding team comprised Rob Biederman, Patrick Petitti, Peter Maglathlin, and Joe Miller. Mark Cuban-led investment group provided $750,000 in seed funding to HourlyNerd in September 2013, propelling its growth into a global online marketplace. The platform effectively connected companies of diverse sizes with more than 25,000 independent business consultants for project-based engagements. By 2016, the online marketplace had expanded to encompass 17,500 freelance consultants and over two hundred boutique consulting firms.
The Catalant platform provides clients with a comprehensive set of tools and features, allowing them to seamlessly manage various aspects of their projects in one centralized location. Clients can post projects, receive bids, conduct interviews, select experts, monitor project progress, and facilitate payments all within the Catalant platform. The platform enables clients to access and deploy individuals from diverse talent pools, operating both within and outside their organizations.
These talent pools encompass employees, alumni, and retirees, as well as independent consultants and firms. The "Expert Marketplace" on Catalant lists more than 70,000 independent experts and 1,500 boutique firms, offering a broad array of skills and expertise for clients to choose from and efficiently meet their project needs.
