ProFinda, a London, UK-based workplace optimisation platform, raised £1m in funding.
Nesta Impact Investments, the venture capital arm of one of the UK’s leading innovation foundations, made the investment.
The company intends to use the funds to accelerate the deployment of its platform across the private, public and third sector, increase social impact and improve it proprietary skills machine learning IP
Led by Roger Gorman, CEO, ProFinda provides a workplace optimization technology platform that uses machine learning to build a dynamic and detailed map to understand the skills and knowledge of the total workforce. This is based on a skills ‘ontology’, which utilizes tools such as semantic parsing and matching to increase understanding of skills.
This enables organizations to improve how they leverage the skills of their collective workforce, including internal employees, contractors and alumni. It intelligently matches project requirements to ability and knowledge.