Mancx Secures $3 Million In Financing: Financing Expands Support for “Industrial Strength” Business Answers Community

Mancx, the only trusted community for business answers that allows for private individuals to securely buy and sell their knowledge with others, announced today it has secured $1.65 million in financing led by Almi Invest and Chalmers Innovation Seed Fund bringing the total money raised to $3 million. The money will be used to expand the world’s first community for paid business answers through social networks such as LinkedIn and Viadeo. The patent-pending Mancx platform matches incoming questions with the right person’s expertise while managing all aspects of the transaction. This ensures that the questioner gets the information he or she needs while the answering party gets fairly paid for his or her efforts.

“Mancx is there when you need the right business answers,” said Henrik Dillman, Mancx CEO and Founder.  “Most Q&A websites only provide advice, opinion or self-promotion.  Some of the answers are even too old to be useful.  Our research shows that professional business users prefer answers they can trust from a community that can deliver ‘industrial strength’ information quality that is fresh and calibrated to their specific needs.  Mancx matches users with the right people to answer their questions,provides an easy pricing model and lets users pay easily on the spot – similar to PayPal – so that they can be very efficient at every step of the process.  It is perfect for executives, entrepreneurs, sales professionals and anyone who needs tailored information that either cannot be obtained by routine online searching or would take too much time to find. For business professionals, time is money.”  

Unlike other services, Mancx offers the following benefits:

• Handles answers in almost any form, from picture, sound files and cad/cam-drawings to .doc and .xls files.  This is necessary since many business answers don’t come in just plain text
• Allows for full anonymity both for buyers and sellers, while enabling them to contact each other for more information detail as needed  
• Automatically matches profiles and distributes by email
• Manages the negotiation of price and expectations
• Provides money-back guarantee and quality assurance

"Mancx is a great place to get business answers," said Tim DeBenedictis, founder of the astronomy app SkySafari.  "Whether I need detailed business intelligence, tailored information - basically anything I would bet my job on - I got to Mancx and get the answers I need."

“Mancx Business Answers™ is the next generation of Q&A tools,” said Mattias Guilotte, Mancx CMO and Founder.  “It is the first service with a global payment solution and a trusted community for businessanswers you can’t find anywhere else.”

About Mancx

With dual headquarters in San Francisco, CA and Stockholm, Sweden, Mancx.com is the only trusted community for business answers that allows for private individuals to securely buy and sell their knowledge with others. Winner of the "Hottest Startup in the Nordics/Baltics" at the Arctic15, Mancx is the world’s first network for business questions and answers through networks such as LinkedIn and Viadeo.  The patent-pending technology behing the Mancx  Business Answers™ community matches incoming questions with the right person’s expertise while managing all aspects of the transaction. This ensures that the questioner gets the information he or she needs while the answering party gets paid for their efforts. For more information, please visit www.mancx.com

About Almi Invest

Almi Invest is a venture capital company investing in Swedish companies with interesting business models and driven entrepreneurs. Almi Invest was launched in 2009 by an initiative from Almi Företagspartner AB together with regional partners. The proceeds that Almi Invest generate over time is turned into new investments, which means that Almi Invest is a so called Evergreen Fund. For more information, visit www.almiinvest.se