Kuberno, a worldwide supplier of authorized entity administration software program, has closed its Sequence A funding spherical with a complete of £9.5 million, together with a current £6 million funding from Barclays and Nasdaq Ventures.
This capital injection follows Nasdaq Ventures’ preliminary funding in March 2023, and Kuberno has since achieved spectacular progress, tripling its annual income and increasing its workforce fourfold to help a rising international consumer base, significantly within the US.
Kuberno’s platform, Kube, offers a centralised and automatic resolution for managing and analysing entity knowledge, enabling collaboration throughout governance, tax, finance, and authorized groups. Current platform updates embody Kanvas, a knowledge visualisation software for interactive evaluation of entity relationships, bringing enhanced effectivity to compliance and governance processes.
The extra funding will help Kuberno’s continued international enlargement, with a deal with the US market and new AI-powered options that convert entity knowledge into actionable insights. Barclays can also be adopting Kuberno’s software program for its personal authorized entity administration, additional solidifying the partnership.
“We’re delighted to partner with Barclays as both a customer and investor and to deepen our relationship with Nasdaq Ventures,” mentioned Zoe Bucknell, CEO and Co-Founding father of Kuberno. With this funding, Kuberno goals to “supercharge” the Kube platform, empowering enterprises to streamline governance and compliance whereas specializing in value-added duties.
Ryan Hayward, Head of Strategic Investments for Europe and Asia at Barclays, praised the Kube platform, noting its potential to rework governance processes for international organisations. Gabriella Halasz-Clarke, Vice President of Governance and ESG Options at Nasdaq, emphasised the collaboration’s aim of driving “governance excellence” by progressive merchandise for company shoppers.
