Kuberno, a London, UK-based global legal entity management SaaS provider, has raised an additional £6 million in funding, bringing its total Series A financing to £9.5 million.
Investors
The funding was provided by Nasdaq Ventures and Barclays.
Nasdaq Ventures is a global venture investing program of Nasdaq, Inc. (Nasdaq: NDAQ) focused on cultivating talent and advancing technology within financial services. It aims to spur innovation aligned with key themes, including data and analytics, anti-financial crime, market infrastructure, and ESG (Environmental, Social, and Governance) initiatives.
Barclays is a British universal bank. As a diversified institution, it offers comprehensive consumer, corporate, and wealth management services in the UK, operates as a leading investment bank, and has a specialized consumer banking presence in the US.
Kuberno Use of Funds
The funding will support Kuberno's expansion, particularly in the US market, and the development of new features, including AI-powered tools that transform entity data into actionable insights for governance, finance, and legal teams.
About Kuberno
Kuberno is a global software-as-a-service (SaaS) provider specializing in legal entity management. Its platform, Kube, offers organizations a centralized solution for managing their legal entities and related governance processes. The platform leverages intelligent workflows and automation to streamline governance and compliance tasks. Kuberno also offers Kanvas, a data visualization tool that enables users to analyze entity relationships through interactive charting. The company is dedicated to providing valuable insights, advanced tools, and exceptional support, empowering clients to thrive in an ever-evolving landscape.
Funding Details
Company: Kuberno Ltd.
Raised: £6.0M
Round: Series A
Funding Date: October 2024
Investors: Nasdaq Ventures, Barclays
Company Website: https://kuberno.com/
Software Category: Entity Management
Source: https://kuberno.com/us/blog/2024/10/31/kuberno-closes-9-5m-series-a-co-led-by-barclays-and-nasdaq-ventures/