Kuberno raises £9.5m in series funding led by Barclays and Nasdaq Ventures
Kuberno, a global provider of legal enterprise management software, has closed its Series A funding round for a total of £9.5 million, including recent investments of £6 million from Barclays and Nasdaq Ventures.
This capital injection follows Nasdaq Ventures’ initial investment in March 2023, and Kuberno has achieved impressive growth, tripling annual revenue and quadrupling its workforce to support a growing global customer base, particularly in the US.
Kuberno’s platform, Kube, provides a centralized and automated solution for managing and analyzing business data, enabling collaboration across governance, tax, finance, and legal teams. Recent updates to the platform include Kanvas, a data visualization tool for collaboratively analyzing business relationships, bringing improved efficiency to compliance and management processes.
The additional funding will support Kuberno’s continued global expansion, with a focus on the US market and new AI-powered features that turn business data into actionable insights. Barclays has also adopted Kuberno software to manage the legal entity, and is strengthening the relationship.
“We are pleased to partner with Barclays as a customer and investor and to deepen our relationship with Nasdaq Ventures,” said Zoe Bucknell, CEO and Co-Founder of Kuberno. With this funding, Kuberno aims to “supercharge” the Kube platform, empowering enterprises to streamline governance and compliance while focusing on value-added activities.
Ryan Hayward, Head of Strategic Investments in Europe and Asia at Barclays, praised the Kube platform, noting its potential to transform governance processes in global organizations. Gabriella Halasz-Clarke, Vice President of Governance and ESG Solutions at Nasdaq, emphasized the partnership’s mission to drive “governance excellence” through new products for corporate clients.
