MENLO PARK, Calif.--(BUSINESS WIRE)--Globality today debuted as the first global B2B premium services marketplace that brings together high quality small and medium-sized services companies and leading global corporations on a highly-curated platform, unlocking opportunities and opening markets for both sides.
“Our mission is to make globalization work for more businesses and people around the world,” said Joel Hyatt, co-founder and CEO of Globality. “We will bring buyers and sellers unprecedented access to new business opportunities.”
“We want to create a new class of ‘micro-multinationals’ -- SMEs from the services sector that are exporting their services and unlocking the benefits of being a global company,” Hyatt said.
Globality was co-founded by Hyatt and Lior Delgo in 2015 and the company currently has 75 people in Silicon Valley and London. It is backed by $37.5 million in funding from a distinguished group of individuals, including former Vice President Al Gore; John Emerson, U.S. ambassador to Germany; Ken Goldman, CFO of Yahoo; Jim A. Johnson, director of Goldman Sachs; Michael Marks, founding partner of Riverwood Capital; David Rosenblatt, CEO of 1stdibs; Jeff Sine, co-founder and managing partner of Raine; and Yechiam Yemini, professor of computer science at Columbia University.
Globality’s platform combines artificial intelligence and the expertise of in-house industry veterans, offering deep insight and curated matching of high quality service providers with a range of attributes that is unattainable for most corporations to discover. Additionally, machine learning and natural language processing enables the marketplace to scale and improve with each project and curated match.
Both sellers and buyers benefit from participating in the Globality platform:
- Sellers: Small and medium-sized service providers get the ability to expand their customer base in new markets and a seamless way to work with leading corporations.
- Buyers: Corporations get access to a network of vetted best-in-class service providers, improved efficiencies through eliminating the RFP, reduced costs, and faster time to project engagement.
Globality’s initial focus is on the verticals of marketing, legal, energy, environment, and social impact, with more to follow. Each vertical is led by an industry veteran: Energy and Environment GM Robert Casamento previously was a founding member of Deloitte Consulting’s U.S. Social Impact practice and U.K. Energy Risk Management and Emissions Trading practice; Legal GM Bill Brooks previously was CEO of Hyatt Legal Plans, which is now owned by MetLife; and Marketing GM Gabrielle Tenaglia previously was a senior executive with twofifteenmccann and Venables Bell & Partners.
Globality’s Board of Directors includes Juliet de Baubigny, senior partner, Kleiner Perkins Caufield & Byers; Mark Hurd, CEO of Oracle; Ron Johnson, CEO of Enjoy; John R. Joyce, former CFO of IBM; Dennis Nally, former global chairman of PricewaterhouseCoopers; and Mark Vorsatz, managing director and CEO of Andersen Tax.
Qualified firms interested in participating in the Globality Service Provider Network or companies interested in utilizing the platform to find outstanding service providers can visit http://www.globality.com.