CInergy International Ltd, a London, UK-based provider of a mobile phone comparison service (available on www.mobilife.com.), has raised an equity funding of undisclosed amount.
The round was led by Beringea, via the ProVen VCTs, with participation from existing investor YFM Equity Partners, via The Capital Fund.
Mobilife is designed to help consumers reduce their mobile phone bill while finding the best handset to suit their needs and lifestyle. By analyzing their monthly bills, Mobilife measures exact usage and helps cut out any unused texts and wasted minutes to save money.
Founded in 2003 by Managing Director, Brian Boroff, and Chairman, Richard Merrigan, CInergy delivers customer acquisition and retention solutions to mobile service providers also partnering with Orange and Vodafone.
In conjuntion with the funding, Karen McCormick, investment director and Partner at Beringea, joins CInergy’s board as a non executive director.