Board Intelligence secures Growth Private Equity investment from Susquehanna Growth Equity

BOARD INTELLIGENCE ANNOUNCES MINORITY INVESTMENT FROM SUSQUEHANNA GROWTH EQUITY Capital to support improved products and services for clients and new talent across the company 

LONDON, U.K. — Board Intelligence Limited (“Board Intelligence” or “The Company”), a London based provider of software and services to corporate boards, today announced a minority equity investment from  Susquehanna Growth Equity, LLC (“SGE”). Terms of the transaction were not disclosed. 

Board Intelligence is a mission-led firm, helping boards to become the most powerful drivers of performance and  a force for good. Launched in 2014, the Company’s platform makes it easy for management teams to prepare  smart board papers, turning the board deck from an obstacle to effective meetings and into a catalyst for driving focused and productive conversations that accelerate an organization forward. Board Intelligence will use its new  capital to expand its products and services for existing and new clients and add talent across the company.  

“Amidst the horrors of the Covid-19 pandemic the business world is changing. There is growing recognition of the  need to deliver for all stakeholders, and this in turn demands a revolution in governance — from compliance to  something positive and transformational. That is the change that we exist to deliver,” said Jennifer Sundberg, Co CEO of Board Intelligence.  

“The vast majority of business leaders want to do a good job, not just for themselves but for the organizations  they govern and for wider society,” added Pippa Begg, Co-CEO of Board Intelligence. “However, too often, boards  feel constrained by lengthy, backward-looking and operational board papers, getting in the way of the  conversations in the boardroom that matter most.”  

Board Intelligence serves the boards of many of the largest listed, privately owned and public sector organizations  in the U.K. and across the world. The Company has grown rapidly, building a subscriber base of over 20,000  executive and non-executive directors. As one of the U.K.’s fastest-growing technology companies, the founders  of Board Intelligence have been shortlisted by the 2020 EY Entrepreneur of the Year program. 

“Our team connected deeply with the mission of Board Intelligence. Boards should be a point of leverage, and I’ve  seen first-hand the inefficiencies that stem from poor quality reporting,” commented Jonathan Klahr, Managing  Director at SGE. “The ripple effect of an improvement in the boardroom will be felt far and wide, by customers,  employees, society and of course shareholders. We look forward to supporting Board Intelligence as the firm  continues to grow and empower boards across industries.” 

Sundberg and Begg both added, “We are thrilled to be partnering with SGE. Throughout our process, we focused  on our long-term ambition, which drove our decision to partner with SGE who provides a flexible investment  mandate and long-term approach to growing businesses.”  

SGE has invested in more than 55 growth-stage companies throughout the firm’s 14-year history. The firm prides  itself on its ability to provide founders and management teams with capital without a predetermined exit timeline  and with expertise to help accelerate their growth journeys. 

ABOUT BOARD INTELLIGENCE 

Board Intelligence is a mission-led software and services company, helping boards to become the most powerful  drivers of performance and a force for good. The Board Intelligence platform turns the board pack from an  obstacle to effective meetings and into a catalyst for the board conversations that matter. Over 20,000 board 

Confidential Draft 

members rely on Board Intelligence across companies large and small, public and private, commercial and not-for profit. To learn more, please visit us at www.boardintelligence.com.  

ABOUT SUSQUEHANNA GROWTH EQUITY 

Susquehanna Growth Equity, LLC (“SGE”) invests in growth-stage technology companies in the software,  information services, internet and financial technology sectors. The firm is backed by a unique and patient capital  base that allows management teams the freedom and flexibility to maximize growth. We believe in taking our  work seriously, but not ourselves. To learn more, please visit us at www.sgep.com. 

CONTACT 

Gasthalter & Co. 
[email protected] 
(212) 257-4170

Safiya Marzook

Related post

This will close in 25 seconds