What is Boardable?
Headquartered in Indianapolis, Indiana, Boardable operates as a specialized B2B SaaS platform designed to streamline board management and committee engagement. By providing a centralized digital environment for meeting coordination, document management, and communication, the company empowers nonprofits to operate with greater transparency and efficiency. Boardable occupies a unique niche in the market, bridging the gap between complex enterprise governance requirements and the resource-constrained reality of community-focused organizations. Its platform is engineered to enhance the experience of board service, ensuring that leadership teams can focus on their core mission rather than administrative overhead.
How much funding has Boardable raised?
Boardable has raised a total of $23M across 5 funding rounds:
Angel/Seed
$3M
Angel/Seed
$4M
Other Financing Round
$8M
Series A
$2.6M
Private Equity
$5.4M
Angel/Seed (2019): $3M with participation from VisionTech, Collina Ventures, and High Alpha Capital
Angel/Seed (2019): $4M led by High Alpha and VisionTech
Other Financing Round (2020): $8M supported by Base10 and High Alpha
Series A (2022): $2.6M featuring Collina Ventures, Base10, and VisionTech Partners
Private Equity (2026): $5.4M, investors not publicly disclosed
Key Investors in Boardable
High Alpha
High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build businesses that reach their full potential.
Base10
Base10 is a technology investment firm focused on investing in founders who address challenges faced by the majority of the population, with a commitment to social impact.
Collina Ventures
Collina Ventures is a private investment firm that focuses on technology companies in Central Indiana, emphasizing mentorship and long-term partnership.
What's next for Boardable?
With this latest capital injection, Boardable is poised to scale its operations and deepen its market penetration. The company's strategic focus will likely center on enhancing its automation capabilities and expanding its suite of governance tools to meet the evolving needs of large-scale nonprofit enterprises. By leveraging its strong investor base and proven track record, Boardable is well-positioned to solidify its status as the industry standard for board management software. Future growth initiatives will likely prioritize user experience improvements and the integration of advanced analytics to provide boards with actionable insights, further cementing the company's value proposition in the competitive landscape of nonprofit technology.
See full Boardable company page
