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Third Bridge

Third Bridge

Third Bridge is one of the largest expert networks globally. Founded in 2007 as Cognolink, it rebranded in 2015 as Third Bridge (the name of one of its business units). It was one of the first firms to successfully reduce GLG’s market dominance, growing in tandem with Alphasights. Its founders had a background in consulting with Bain & Company, which was an important early client according to expert sources.

When Third Bridge started out, GLG was dependent on its traditional static network. Experts were recruited proactively, on fairs and from telephone directories. Onboarding an expert was time-consuming and complex. Third Bridge, lacking a database of experts, began recruiting experts directly for live projects. To enable this, they sped up the onboarding of experts with modern tech tools and user-friendly interfaces. This business model’s success was supported by the even faster growth of LinkedIn.

Third Bridge business areas

The company combines a large database with custom recruiting, promoted in two business areas:

Forum has seen rapid growth since it was created in 2015. As of June 2020, approximately 10% of Third Bridge’s employees were working on generating content for the Forum, conducting and transcribing 5000+ expert interviews per year. Clients pay per-seat subscriptions to access Third Bridge’s growing database of call transcripts. Our expert sources mention that it represents ~25% of Third Bridge’s revenues, and the lions’ share of its net profit. Visit the Forum dashboard here.

Third Bridge historic milestones

In June 2020, Third Bridge had 1000+ employees working across eight offices in London, New York, Los Angeles, Shanghai, Beijing, Hong Kong and Mumbai. It is one of the largest expert network companies in terms of employee count, second only to GLG. ThirdBridge featured in the Sunday Times 2019 BDO Profit Track 100 as one of Britain’s top 100 private companies with the fastest-growing profits.

Visit the company website or read more about different expert network models.

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