Thursday, September 19, 2024

Board Intelligence secures Investment from K1

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  • K1 Announces Strategic Growth Investment in AI-Powered Board Management Software Platform, Board Intelligence
  • Partnering with K1 will drive the next phase of growth for Board Intelligence, enhancing its leading board collaboration platform for clients worldwide

Board Intelligence, is a leading board technology and board advisory firm, based in the UK.
This investment will allow Board Intelligence to strengthen its category-leading position through organic growth, product and geographic expansion and strategic acquisitions.

Board Intelligence is headquartered in the United Kingdom, and trusted by over 40,000 leaders and 3,000 organizations. Clients include global organizations such as Generali, National Grid, and Zurich Insurance Group alongside major public sector organizations.

Established in 2010 by founders Jennifer Sundberg and Pippa Begg, Board Intelligence provides software and services that drive better board decision making.  Their consulting team are trusted advisors to FTSE and Fortune 500 chairs and CEOs, helping to optimize board performance.

Board Intelligence also offers Lucia, an AI-powered report-writing platform helping management teams to prepare shorter, sharper reports for their board.

Jennifer Sundberg, co-Founder and co-CEO of Board Intelligence, said: “Our mission is to transform the effectiveness of every board in the world.  K1’s vision for the future of Board Intelligence and their proven expertise in building category leaders will be instrumental in expanding our growth and the value we deliver to our clients.”

Pippa Begg, co-Founder and co-CEO of Board Intelligence added: “While we have always been a profitable business and did not need capital, we partnered with K1 for their operational expertise in accelerating investments in AI and scaling companies globally through organic and inorganic growth. K1 has a history of building category leaders and we’re excited to leverage their experience to strengthen our position globally.”

K1 will assume the position of the only institutional shareholder in Board Intelligence with both Jennifer Sundberg and Pippa Begg continuing as minority shareholders. Financial terms of the transaction were not disclosed.

About Board Intelligence

Board Intelligence, the UK’s largest board technology and advisory firm, is trusted by over 40,000 leaders and 3,000 organizations from Fortune 500 and FTSE 100 corporates, to drive high-impact decision making and governance. For more information, visit BoardIntelligence.com and follow on LinkedIn.


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