Funding

Swedish Firm BoardClic Raises SEK 19M Funding

Aug 29, 2025 | By Kailee Rainse

Swedish firm BoardClic, a leader in intelligent board performance analysis, has secured SEK 19 million through a new share issuance. The funding will fuel advancements in AI-powered product development and broader company growth.

SUMMARY

  • Swedish firm BoardClic, a leader in intelligent board performance analysis, has secured SEK 19 million through a new share issuance. The funding will fuel advancements in AI-powered product development and broader company growth.

Founded in 2018 in Sweden, BoardClic operates from offices in Stockholm and London. The financing round was led by Tom Nyman Holding AB with participation from Hartung Capital and Subvenio Invest. Alongside the investment, Christoffer Hartung has been appointed as the new CEO, while Tom Nyman steps into the role of Chairman.

"In a rapidly changing world, a board’s composition, dynamics, competence and ability to analyse and make decisions based on data are critical to corporate success. As a new investor, I am pleased to be part of developing the next‑generation platform which, with the help of AI, will take board performance to a completely new level," says Tom Nyman.

BoardClic projects achieving SEK 30 million in total revenue and annual recurring revenue (ARR) by 2025, with the UK expected to contribute around half of that. The company aims to reach profitability in the first half of 2026.

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Operating in the private equity space, BoardClic also serves advisers, consultants, and directly supports boards. Its client portfolio includes major names like EQT, Triton, FSN Capital, Aston Martin, Persimmon Homes, Jupiter Asset Management, Howdens, Diploma PLC, Elekta, Tele2, Boliden, and Kinnevik.

"BoardClic is already changing how boards evaluate their work, and AI is the next natural step," says Christoffer Hartung, Chief Executive Officer at BoardClic.

"By using AI models in the next generation of our platform, we can provide boards with better decision support, smarter agendas and stronger board composition. It is no longer only about traditional board evaluations. It is about strengthening the board’s performance in a digital and data-driven manner, increasing company value, and creating a real impact from AI. Our technology is particularly valuable for the private equity sector, where the need to improve performance across several portfolio companies is crucial to maximising value creation."

"This financing marks a new and exciting chapter for BoardClic," says Monica Lagercrantz, founder and board member of BoardClic. "The company has come a long way since its founding, with several hundred satisfied customers in more than 50 countries. I am proud of the value we deliver to our customers. We are now taking the next step in our development, where AI will, among other things, further accelerate that value," adds Monica Lagercrantz.

About BoardClic

BoardClic offers an innovative platform for analysing board performance. Using advanced analytics and algorithms, it helps boards boost their effectiveness and drive long-term company value. Today, over 7,000 chairs and directors across 600 boards spanning regulated organisations, financial institutions, and investment firms in more than 50 countries use the platform.

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