London AI ‘expertise finding’ platform raises £4.8m in latest investment round
ProFinda, the AI-powered “expertise finding” platform, has raised a total of £4.8m for its latest investment round
This round was raised from a number of investors, including VCs Notion Capital and Nextlaw Ventures, and some ‘highly strategic’ Business Angels.
ProFinda’s AI-powered engine helps to address the fact that companies are wasting knowledge because they cannot identify the skills that exist within their workforce.
The company’s ’s AI-powered engine builds a map of all the skills, knowledge, connections and expertise available across a company. Machine learning helps to match the people with the right expertise to others who require their assistance.
ProFinda gives firms an accurate birds-eye view of all the knowledge contained across their talent pool - including employees, alumni, freelancers and other contractors.
London-based ProFinda said that the latest investment will help it to change the way that organisations discover and tap into internal expertise and knowledge.
Roger Gorman, CEO of ProFinda, explained: “Our work is helping to disrupt the future of work landscape. ProFinda’s latest investment puts us in a powerful position to continue to deliver our fast-paced and ambitious roadmap.
“With the new investment, we will strengthen our proposition, refine our technology and ensure we continue to build out our impressive and experienced team”.
Access free online guidance for North East businesses in the Growth Hub North East's COVID-19 toolkit →