Boardable

Boardable provides specialized board management software for nonprofit organizations, facilitating effective collaboration and communication among board members for improved meeting management. Boardable is a company focused on delivering board management solutions for nonprofits, founded in 2016 in Indianapolis, US. The company was established by founders Andy Clark, Chris Lucas, Jason Ward, and Joe Downey. Currently, Jeb Banner and Jeff Middlesworth serve as CEO.

Boardable has raised a total of USD 2. 6 mn through 5 deals, with the latest being a Series A round on October 24, 2022, led by Base10 Partners along with other investors including VisionTech Partners, Collina Ventures, and new participant IU Ventures. Boardable specializes in board management software designed for nonprofit organizations. It offers a platform that supports collaboration and communication among board members, enhancing meeting management from preparation to follow-up.

Key features include virtual meeting capabilities with integrated video conferencing, AI-generated meeting summaries, customizable agenda creation, and secure document storage for easy access to essential materials. The platform caters to diverse board members, utilizing AI tools and mobile accessibility to boost engagement across sectors such as healthcare, education, community organizations, and technology, with clients in North America, Europe, and Australia. Boardable operates with a subscription-based revenue model, providing access to its board management platform through various pricing plans tailored for different organization sizes. Revenue is primarily generated via annual subscriptions, accommodating the budgets of nonprofit clients for access to features like Boardable Video and AI-powered tools.

Additional services may be offered through tiered subscription levels, allowing clients to select plans that align with their governance and operational needs, with direct transactions made for these services. In October 2022, Boardable secured USD 2. 6 mn in Series A funding led by Base10 Partners, with contributions from VisionTech Partners, Collina Ventures, and IU Ventures. The funding will support product development efforts aimed at centralizing communication to organize meetings both virtually and in person.

Boardable plans to launch new products enhancing its platform's capabilities and expand into additional geographic markets, although specific regions and timelines for this expansion were not disclosed.