ProFinda, the AI-driven workforce optimisation platform currently transforming how global professional services firms optimise their total work populations to the right work, at the time, at the right costs, has secured £3 million in funding from Palatine’s Growth Credit Fund as part of a larger equity growth round.
The funding will enable ProFinda to build on their global multinational clients, and now accelerate hiring during its internationalisation, especially around its sales and marketing operation and invest in new product development as it looks to move into vertical markets.
The company, backed by VCs Notion Capital, Hansa and Prefcap has ~100 staff. ProFinda’s clients include the Big 4 business advisory firms and other major professional services organisations who use its AI powered technology to manage and optimise their human resources and their wider supply and demand requirements.
ProFinda is the fifth transaction for Palatine’s Growth Credit Fund following deals with StorMagic, BAE Systems spin-out Talion, a cyber security company based in Yorkshire, Manchester-based fin-tech Voly Group and most recently Bristol company Neighbourly, a tech platform supporting businesses delivering employee volunteering programmes and other social initiatives.
