Boardable is an online board management and meetings platform that centralizes communication, document storage, meeting planning, and other tasks involved with running a board of directors. Led by CEO Jeff Middlesworth, the company offers a portal to streamline board workflows and governance. Boardable is based in Indianapolis, IN. The company raised $2.6M in a Series A-1 financing and intends to use the proceeds for product innovation and to accelerate growth in markets that need board management tools the most. The Series A-1 brings Boardable’s total Series A funding to $10.6M. Boardable provides an online board management portal that centralizes communication, document storage, meeting planning, note recording, and virtual meeting functionality for nonprofits. The platform helps organizations move to paperless board management, streamline trustee onboarding, organize meeting minutes and facilitate voting among board members. Customers include large nonprofits such as the YMCA, The Salvation Army, Big Brothers Big Sisters of America, and Girl Scouts of Indiana, and users report improved efficiency and engagement. Boardable was founded in 2017 by nonprofit leaders and is based in Indianapolis, Indiana. The company says it reduces the administrative friction of managing volunteer-heavy boards and aims to be a one-stop governance tool for nonprofits. Following its recent fundraise, Boardable plans to expand its team, pursue new markets, and build new product capabilities. Boardable is an Indianapolis-based online board management portal led by CEO Jeb Banner that centralizes communication, document storage, meeting planning and other tasks involved in running boards of directors. The company serves nonprofits, volunteer groups and businesses, and currently has over 500 customers in more than 25 countries. Boardable plans to accelerate team growth, add product options, and increase marketing efforts using the new funding. It aims to double full-time employees by the end of 2020 and hopes to reach 30 employees in the next 12 months. The company is also considering adding an office in Australia to better service and educate its global nonprofit audience. Funds will be used to develop and roll out new product options for small nonprofits and volunteer groups as well as more robust features for customers needing advanced functionality. Boardable provides an online board management platform designed to help nonprofit boards centralize communication, document storage, and meeting planning. The company was founded in 2017 by nonprofit leaders and is based in Indianapolis, Indiana. Boardable serves more than 350 customers across more than 20 countries and had eight full-time employees at the time of the article. The company’s mission is to improve board engagement for nonprofits, and it plans to invest new funding into talent, product, marketing, and sales. Management aims to double full-time headcount by the end of 2019 to support growth. Boardable previously raised $1.35 million in an early-stage friends-and-family round backed by Indianapolis-area angel investors.

Total raised

$15M

Funding rounds

4

Latest round

Series A

Latest activity

Nov 2022