Kuberno

Overview

Kuberno is a global Software as a Service (SaaS) provider specializing in legal entity governance. Founded in 2020, Kuberno focuses on delivering a comprehensive platform named Kube. The company was co-founded by Zoe Bucknell, who wanted to alleviate challenges in governance practices, drawing from her experience as a General Counsel and Company Secretary. Headquartered in London, United Kingdom, Kuberno has raised over £9.5 million in Series A funding, with substantial backing from Nasdaq Ventures and Barclays. As of 2024, Kuberno has expanded its operations to include a U.S. subsidiary and continues to integrate AI-powered tools to enhance its service offerings.

Recent Developments

  • October 31, 2024: Kuberno successfully raised £9.5 million ($12.25 million) in its Series A funding round, co-led by Nasdaq Ventures and Barclays, to further its international expansion, particularly focusing on the U.S. market. This investment will also support development of AI features and a new data visualization tool, Kanvas, which facilitates interactive data analysis.
  • February 2024: Kuberno announced the launch of its American subsidiary, Kuberno U.S., aiming to bolster its presence in the Americas and capitalize on a $4 million investment from Nasdaq Ventures received earlier in 2023.
  • April 2023: Following an initial investment of £3.5 million from Nasdaq Ventures, Kuberno entered a commercial partnership with Nasdaq to integrate Kuberno’s platform into Nasdaq’s Governance Solutions. This partnership aligns with Kuberno’s mission to streamline governance practices.
  • 2023: Kuberno reported tripled its revenue and expanded its workforce significantly due to growing global demand and successful integration into larger corporate governance systems.

These recent endeavors have positioned Kuberno as a notable force in the global governance software market, consistently expanding its technological capabilities and client base.

Company Information

AttributeInformation
Founding Date2020
HeadquartersLondon, United Kingdom
FoundersZoe Bucknell
RevenueSignificant growth reported, exact figures undisclosed
ProfitsNot publicly disclosed
Key InvestorsNasdaq Ventures, Barclays
IndustryLegal Entity Governance, SaaS
Number of EmployeesIncreased fourfold since 2023

Early History

Kuberno was founded in January 2020 by Zoe Bucknell to address the frustrations she encountered in entity management as a former General Counsel and Company Secretary. The company developed Kube, a pioneering global entity governance platform designed to streamline processes in governance and ensure data accuracy across organizational structures. Kuberno quickly gained traction among major corporates, including several FTSE 100 companies and the Big Four accounting firms, leveraging its unique combination of technology-driven entity management and governance expertise. By the end of 2022, Kuberno had already established itself as a critical player in the governance technology sector, leading to substantial investments that facilitated further expansion and technological advancements.

Company Profile and Achievements

Kuberno’s core offering, Kube, is a cloud-based platform that simplifies and automates the governance of legal entities. Kube integrates with various systems such as board portals, finance, and HR solutions to synchronize data, enabling seamless collaboration. Among its standout features are user access control, compliance management, and real-time reporting and insights via customizable dashboards.

Key achievements include:

  • 2023 Series A Funding: Completed a significant funding round led by Nasdaq Ventures, propelling the company into global markets and enhancing its AI and data visualization tools.
  • Commercial Partnerships: Engaged in strategic partnerships with key industry players like Nasdaq, integrating their platform into Nasdaq’s Governance Solutions.
  • Market Expansion: Successfully launched a U.S. subsidiary and increased its workforce significantly to support its expanding global operations.

Kuberno continues to disrupt the entity governance field by emphasizing data-driven governance and enhancing operational efficiency through innovative platform features.

Current Operations and Market Position

Kuberno has emerged as a leader in the governance software industry, thanks to its robust technology offering that manages complex legal entity data efficiently. The company’s focus on integrating advanced data analytics and AI tools provides its clients with actionable insights into governance, finance, and legal functions, significantly enhancing decision-making processes.

With its continued expansion and strategic funding, Kuberno has poised itself to challenge established market players, gaining notable traction in both the UK and U.S. markets. This includes offering solutions that cater to entities with multiple subsidiaries, thereby reducing the complexities associated with multinational governance.

Conclusion

Kuberno’s innovative approach to entity governance sets it apart in the SaaS market. By leveraging advanced technology and strategic industry partnerships, it has successfully addressed longstanding governance challenges, promoting efficiency and collaboration across organizational workflows. As Kuberno continues its trajectory of growth, fueled by strategic investments and continuous innovation, it is well-positioned to expand its influence and capabilities, providing even greater value to its global clientele in the coming years.

References

  1. TechStartups Article on Kuberno's Funding
  2. Corporate Compliance Insights
  3. Crunchbase - Kuberno Profile
  4. Kuberno Official Website - About Us
  5. CB Insights Report on Kuberno
  6. BM Magazine
  7. LondonTechWatch
  8. Website of Kuberno
  9. Capterra Overview of Kuberno
  10. Nasdaq Press Release