Kuberno, a global legal entity SaaS provider for corporate secretaries, legal teams, and governance professionals, has raised £3.5m for its Series A.
Nasdaq Ventures, which is a global venture capital firm aimed at technology developments within finance, supplied the Series A capital.
These funds will help Kuberno accelerate its international growth and expand into new markets.
As part of the deal, Kuberno launched a commercial partnership with Nasdaq Governance Solutions that includes a planned product integration into Nasdaq’s suite of governance solutions. It hopes this will bolster efficiency for corporate secretary teams as that handle increased regulatory parameters.
The duo believes the partnership will create opportunities for both companies to better serve clients and integrate their solutions to bring efficiency to governance operations.
Kuberno simplifies the management of legal entity governance by streamlining reporting and enabling remote collaboration through its cloud-native product, Kube.
Commenting on the funding round, Kuberno CEO and co-founder Zoe Bucknell said, “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.”
Nasdaq Ventures has built up a portfolio of FinTech companies. Late last year, the firm co-led the $7.3m Series A funding round of InterPrice Technologies. The company aims to provide corporate treasures with a transparent financing tool and enable all stakeholders to make decisions with accuracy, speed and precision.
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