Experfy, based in Harvard Innovation Lab, is a big data consulting marketplace where enterprises hire vetted experts and vendors for their data, analytics and business intelligence projects. All experts undergo a rigorous application process to demonstrate both technical expertise and domain knowledge. Experfy's proprietary data platform, tools and processes support repeatable projects and use-cases in specific verticals. Experfy provides a self-service model for smaller companies and a high-touch concierge service with project management for larger enterprises. Based on the repeatable use-cases that we are seeing and demand for accelerators, Experfy platform is being expanded to offer a big data apps marketplace as well. Clients looking for a specific solution can begin with purchasing an app and then hire a developer on Experfy to customize it for their needs.

PROBLEM
According to a McKinsey study, in 2018, there is a projected scarcity of 190,000 data scientists and 1.5 million managers and analysts in the US alone. As the data in the world continues to double every 18 months, this scarcity will continue to increase. Experfy enables both small and large organizations to find high-quality vetted data experts at affordable prices. On an average, each project on Experfy receives ten proposals. A list of projects is available here: https://www.experfy.com/projects/category

BUSINESS MODEL
Experfy charges a 20% commission on each transaction, with listings as a key driver of revenue for talent procured from its marketplace. Expert Advisory panels are subscription based at $999 per month with roughly 50% coming to Experfy.