Kuberno, a global provider of legal entity management software, has closed its Series A funding round totaling £9.5 million, including a recent investment of £6 million from Barclays and Nasdaq Ventures.
This capital infusion follows Nasdaq Ventures’ initial investment in March 2023, and Kuberno has since achieved impressive growth, tripling its annual revenue and quadrupling its workforce to support its growing global customer base, particularly in the US.
Kuberno’s platform, Kube, provides a centralized and automated solution for managing and analyzing entity data, enabling collaboration across governance, tax, finance and legal teams. Recent platform updates include Kanvas, a data visualization tool for interactive analysis of entity relationships, providing enhanced efficiency for compliance and governance 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 entity data into actionable insights. Barclays is also adopting Kuberno to manage its legal entity, further strengthening the partnership.
“We are thrilled to partner with Barclays as a client 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 “enhance” the Kube platform, enabling organizations to simplify governance and compliance while focusing on value-added tasks.
Ryan Hayward, head of strategic investments for Europe and Asia at Barclays, praised Kube’s platform, noting its potential to transform governance processes in global organizations. Gabriela Halasz-Clark, Vice President of Governance and ESG Solutions at Nasdaq, emphasized the collaboration’s goal of driving “governance excellence” through innovative products for corporate clients.
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