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IT Marketplace OnForce Closes $6.75 Million

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onforce.pngOnForce has closed a $6.75 million series A1 financing round led by Accel Partners. OnForce is a “marketplace for on site IT services”. Companies use the site to post contract gigs for registered IT professionals in your area. Postings can be made to the site for $11 with 10% of the parts and labor taken after completion of the job and final payment transferred. OnForce plans on putting the financing toward expanding their operations into new markets outside of their current U.S. operations.

Marketplaces for technical services, especially coding, have been around for some time now, but the emergence of startups like Odesk and OnForce have shown there’s room for improvement. OnForce’s marketplace currently has more than 10,000 service professionals and has completed over 500,000 service events in its IT services marketplace. Their site also says they have an 18 minute median time till acceptance for work orders.

A key element for marketplaces is building trust between buyers and sellers. To that end OnForce has implemented training sessions, a ratings system, verified certifications, and optional background checks from ChoicePoint.

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