The funding round completes an £850k raise backed by the women-focused angel network.
"We started with a simple idea – to link communities and individuals with Renewable Energy Projects and make it possible for everyone to share in the benefits of clean energy production."
The peer-to-peer currency exchange platform surpassed its initial target with backing from VentureFounders.
"This funding round, supported by VentureFounders, allows us to accelerate our already ambitious growth strategy and develop our team even further. We are delighted that VentureFounders are part of this investment round and look forward to working closely with them as we build our business."
Smedvig Capital leads the Series A round to accelerate growth and expand operations at Profile Financial Solutions.
"Consumers are currently under serviced by the traditional IFA market, meaning that millions are unable to receive independent advice. We hope that by combining accessible technology with great customer service we can fix this problem. The investment from Smedvig will enable us to improve our digital capability and fund our expansion to meet the increasing demand for our services. With major changes to pensions just around the corner, we’re looking forward to welcoming many more clients to Profile and helping make their money go further for them."