Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

AI Company ProFinda Raises £4.8M Round

London-based Artificial Intelligence startup ProFinda has secured a £4.8 million funding round from various investors, including Notion Capital and Nextlaw Ventures.

The company uses machine intelligence to analyse companies’ workforce and creating a more efficient organisation chart highlighting each employee’s strengths, skills, connection and behaviours.

This, the company says, helps organisations optimise their performance and improve their culture, making it easier to connect “the right people at the right time around work.”

Screen Shot 2018-01-05 at 12.25.03

ProFinda creates a bespoke organisational chart highlighting each employee’s skills and behaviours (via Screenshot)

ProFinda CEO Roger Gorman commented on the round in a statement. “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,” he said.

“With the new investment, we will strengthen our proposition, refine our technology and ensure we continue to build out our impressive and experienced team.”

Founded in 2011 by Gorman and Sebastian Haire, ProFinda is planning to close a Series A round later this year.

Image via Facebook/ProFinda


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