Praxonomy offers Boardlogic, an encrypted, enterprise-grade collaboration portal purpose-built for boards and governing bodies with a focus on ease of use, privacy and data security. The platform is positioned as production-proven and has been developed largely with over US$5.5M invested to date. Praxonomy highlights client relationships including the FT Board Director Programme, ACOLIN, St George’s University of London and Habitat for Humanity HK, and channels with the London Stock Exchange Group Issuer Services Marketplace and the Crown Commercial Service G-Cloud. The company is VeraSafe Privacy Seal certified, GDPR compliant and ISO27001 security audit certified. Management says COVID accelerated digital adoption among boards and cites an estimated $3bn board-portal market growing at 17% annually and expected to reach $12bn by 2029. Planned use of new funds includes company growth, product innovations and expanded sales and marketing, especially in the UK and EU. Praxonomy provides a SaaS digital board portal that simplifies administration of board and senior leadership meetings while enabling secure collaboration and instant access to sensitive documents for directors and executives. The platform emphasizes high-grade data security, ease of use, GDPR compliance, and is ISO 27001 and ISO 9001 certified. Praxonomy’s technology already powers Tricor’s Boardfolio offering and is positioned to complement Tricor’s SPOT hybrid meeting solution. The company says it targets organizations of all sizes and aims to meet complex regulatory and governance requirements. Founded in 2017 and headquartered in Hong Kong, Praxonomy plans to use the new investment proceeds to extend product capabilities and expand into selected markets in Asia and Europe.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022