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ProFinda, a UK-based AI-driven expertise finding platform, has secured a £3m facility from Palatine's Growth Credit Fund, underscoring the growing interest in AI-powered talent allocation. The London based company, which specialises in matching professional services staff to client projects based on skills and availability, will use the funding to accelerate international expansion and product development.
The firm was launched way back in 2011 and we first covered the business a few years later when it raised £4.8m in funding. This investment reflects the growing importance of workforce optimisation in the professional services sector, where efficient resource allocation directly impacts profitability. With the Big 4 accounting firms already among its clients, ProFinda is well-positioned in a market increasingly focused on maximising billable talent utilisation.
The deal marks Palatine Growth Credit's fifth transaction since its 2024 launch and positions ProFinda to capitalise on growing enterprise demand for AI-driven workforce solutions amid heightened competition for specialised skills. The funding structure, part of a larger equity round, provides ProFinda with flexible capital for scaling its go-to-market capabilities.
Posted by: Marc Hardwick at 08:46
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