Kuberno – a global legal entity SaaS provider for corporate secretaries, legal teams, and governance professionals – announced the completion of a £3.5 million Series A financing from Nasdaq Ventures. In connection with the Series A financing, Kuberno plans to launch a commercial partnership with Nasdaq Governance Solutions that includes a planned product integration into Nasdaq’s suite of governance solutions. This is going to help drive efficiency for corporate secretary teams as they navigate increased focus from regulators and investors on entity management.
The company is using technology to simplify the management of legal entity governance by easing reporting and enabling remote collaboration through its cloud-native product Kube. And the solution has grown significantly since launching in September 2021, becoming a product and platform relied upon by a range of clients, including household names within the FTSE 100; the Big Four in the UK; and global clients in the US, EMEA and APAC regions. Plus it recently announced an integration with Insidertrack, an insider list management solution developed by Cytec and used by almost half of the FTSE 100.
Nasdaq Governance Solutions is focused on investing in modern workflow technologies, advisory, and insight that empower corporates to drive governance excellence. And Kuberno complements its existing portfolio with an important workflow piece that supports the General Counsel and Corporate Secretary’s office. The proceeds from the Series A financing will help Kuberno accelerate its international growth and expansion into new markets. This investment and strategic partnership creates opportunities for both companies to better serve clients and integrate their solutions to bring efficiency to governance operations.
KEY QUOTES:
“Nasdaq was our dream partner – we are aligned on mission and values and are both committed to promoting best practice in governance for companies. Our collaboration with Nasdaq Ventures enables us to launch Kube into the global market, building on the strong, sustainable foundations we have laid over the last three years. Now more than ever, we are witnessing a greater emphasis on governance at the board and investor level as well as an increased appetite for governance tech. I look forward to working closely with the Nasdaq Governance Solutions team to help our customers reach the gold-standard in governance.”
– Zoe Bucknell, CEO and co-founder of Kuberno
“Kuberno simplifies the increasingly complex world of legal entity management, enabling better corporate governance. We’re pleased to welcome Kuberno to the Nasdaq Ventures portfolio and look forward to building on the synergies between Nasdaq Governance Solutions and Kuberno to further advance governance excellence for our clients.”
– Gary Offner, Senior Vice President and Head of Nasdaq Ventures
