Kuberno, a trailblazer in legal entity management software, has successfully completed a £9.5 million Series A funding round. This capital was co-led by industry leaders Barclays and Nasdaq Ventures. The financing is dedicated to accelerating Kuberno’s global expansion, enhancing its AI-integrated platform, and firmly establishing its presence in the U.S. market.
Accelerated Growth and U.S. Expansion
Since its initial funding from Nasdaq Ventures in March 2023, Kuberno has experienced remarkable growth. The company has tripled its annual revenue and quadrupled its workforce to meet its strategic expansion goals. Notably, in early 2024, Kuberno launched its U.S. subsidiary, successfully attracting the interest of several major U.S.-based companies with multi-billion-dollar valuations.
This latest injection of capital positions Kuberno to sustainably scale its services and effectively address the increasing demand for innovative legal entity management solutions across diverse industries.
Strategic Partnerships Enhancing Governance Solutions
Kuberno’s growth trajectory has been significantly influenced by strategic partnerships with its Series A investors. Following Nasdaq’s initial investment, Kuberno established a global referral partnership with Nasdaq, integrating its capabilities into Nasdaq’s comprehensive suite of governance solutions. This partnership facilitates streamlined support for mutual clients, enhancing corporate governance worldwide.
Additionally, Barclays, a recent investor and early adopter of Kuberno’s platform, has implemented the software to optimize its legal entity management processes. This dual role as both a customer and investor highlights the substantial value Kuberno brings to large financial institutions.
AI-Enhanced Governance: Elevating Legal Entity Management
With the new funding, Kuberno plans to incorporate AI-driven features into its product offerings, empowering organizations to transform complex entity data into actionable insights across governance, tax, finance, and legal sectors. By integrating AI, Kuberno aims to minimize time spent on administrative tasks, enabling professionals to concentrate on higher-value work.
Kuberno’s flagship product, the **Kube** platform, functions as a central repository of trusted entity data for global organizations. Featuring intelligent workflows and automation, Kube promotes collaboration across departments and regions, ensuring efficient governance and compliance processes. Furthermore, Kuberno’s **Kanvas** tool enhances user experience with interactive data visualization, simplifying the exploration of entity relationships through dynamic, user-friendly charts.
Leadership Insights: A Vision for the Future
Zoe Bucknell, CEO and Co-Founder of Kuberno, expressed enthusiasm for the recent funding, emphasizing its role in propelling the platform’s evolution. “We have invested heavily in data architecture and leveraged our governance expertise to create data structures that uphold the highest integrity around entity data. This funding enables us to supercharge the Kube platform, assisting enterprises in managing, analyzing, and visualizing entity data, thereby enhancing operational efficiency,” said Bucknell. “We are excited to partner with Barclays and Nasdaq Ventures as we continue to innovate and expand.”
Ryan Hayward, Head of Strategic Investments for Europe and Asia at Barclays, praised Kuberno’s transformative potential, stating, “We have witnessed the impact of the Kube platform firsthand. The opportunity for technology to enhance governance in organizations globally is significant. We look forward to Kuberno’s continued progress and the advancement of the Kube platform.”
Nasdaq’s Gabriella Halasz-Clarke, Vice President of Governance and ESG Solutions, echoed this sentiment. “Strengthening our partnership with Kuberno allows us to empower mutual clients with advanced workflow solutions that drive governance excellence. Kuberno complements our offerings well, and we’re excited to collaborate on products that enhance corporate efficiency,” she noted.
About Kuberno
Founded with a mission to transform governance technology, Kuberno provides innovative tools and insights to navigate compliance and governance complexities. Through its global legal entity management platform, Kube, Kuberno enables organizations to achieve transparency, efficiency, and streamlined governance. For more information, visit www.kuberno.com.
About Nasdaq Ventures
Nasdaq Ventures invests in emerging technology companies that foster innovation within financial services, including governance, data analytics, ESG, and anti-financial crime sectors. Nasdaq Ventures focuses on aligning its investments with Nasdaq’s mission to drive market innovation. Learn more at Nasdaq Ventures.
About Barclays
Barclays is a leading financial institution with robust capabilities across consumer banking, corporate banking, wealth management, and investment banking. The organization is dedicated to promoting a better financial future for clients and communities globally. For more information, visit Barclays.
