Board Intelligence funding news – UK-based Board Intelligence Secures Majority Investment from K1

The money will be used for the company's AI offering expansion as well as international expansion with ambitions for other add-on acquisitions. Every employee at Board Intelligence has stock in the company. Along with significant public sector institutions, the company's 3,000 client organizations include Generali, National Grid, and Zurich Insurance Group.

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Board Intelligence, founded in 2010 by Pippa Begg and Jennifer Sundberg, offers services and software to facilitate better board decision-making. The organization's AI-driven report-writing platform assists management teams in producing more concise and insightful reports for their board.

Co-Founder and co-CEO Jennifer Sundberg commented: “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.”

Co-founder Pippa Begg 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.”

Pippa Begg and Jennifer Sundberg will remain minority shareholders of Board Intelligence, while K1 will become the sole institutional stakeholder. The transaction's financial details were kept a secret.

About Board Intelligence

Board Intelligence is trusted by over 40,000 leaders and 3,000 organisations to drive business performance and high-impact governance through board and management reporting. Their revolutionary management reporting platform, Lucia, helps you to write brilliantly clever and beautiful reports that surface breakthrough insights and spur your business to action – in the boardroom and at every level of your business.