Company Overview
Boardable is a premier provider of board management software tailored for nonprofits, enhancing communication, engagement, and operational efficiency for board and committee members across sectors including associations, healthcare, higher education, and enterprise businesses. Since its inception in 2016, Boardable has positioned itself as essential for mission-driven organizations aiming to improve board management and engagement.
Mission and Values
Boardable’s mission is to empower nonprofit boards by reducing friction and enhancing focus, allowing for significant change through optimized board operations. Its core values consist of:
- Living the mission
- Exhibiting customer passion
- Making decisions like an owner
- Crafting delightful experiences
- Cultivating a supportive community
These values guide Boardable's interactions with customers and the development of its product offerings.
Funding and Financials
Boardable has raised approximately $15.1 million, supported by six investors, including notable names like Base10 Partners and VisionTech Partners. This robust financial backing propels Boardable’s growth and innovation in delivering superior solutions for nonprofit organizations.
Leadership Team
- Jeff Middlesworth - Chief Executive Officer: With a rich background as a SaaS executive, advisor, and investor, Jeff steers Boardable's strategic direction and growth, drawing on his experience with companies like ExactTarget and Salesforce.com.
- Jon Schwander - Chief Financial Officer: Jon applies over 15 years of financial management prowess to drive Boardable’s financial strategies and growth, having held leadership positions in high-growth companies and founded successful ventures.
- Daniel Gardiner - Vice President of Engineering: Daniel, specializing in scaling engineering teams in startups, enhances software capabilities, thereby benefiting Boardable's clientele.
- Rexhi Dollaku - Board Member: As a principal at Base10, Rexhi (pronounced "Reggie") contributes venture capital insights to Boardable’s board, aiding in strategic decision-making.
- Steve Johns - Board Member: Steve offers over 30 years of experience in technology and venture capital, playing a vital role in Boardable’s strategic guidance through his role as CEO of OneCause.
- Eric Tobias - Board Member: Eric brings extensive experience in establishing and scaling technology businesses, supporting Boardable’s board with strategic insights, particularly through his association with High Alpha.
Product and Solutions
Boardable's platform provides a comprehensive suite of tools, including an agenda builder, document center, and video conferencing capabilities, aimed at facilitating effective board meetings and member engagement. Features like task management, meeting scheduling, and document sharing are tailored to enhance coordination and productivity throughout the meeting lifecycle.
Strategic Vision
By continually refining its product to meet nonprofits' evolving needs, Boardable strives to sustain its leadership in board management solutions and broaden its influence in empowering nonprofits to achieve a greater impact.
Competitor Profile
Key Competitors and Alternatives
Boardable operates within a competitive landscape featuring prominent players like Diligent Boards, OnBoard Board Management Software, Govenda, and BoardPro. These companies offer a variety of tools and services that rival Boardable’s offerings.
Diligent Corporation
Diligent Corporation is a powerhouse in the governance software market, offering an extensive suite of governance, risk, and compliance (GRC) solutions. Based in New York City, Diligent services over 23,000 organizations worldwide, including 65% of Fortune 1000 companies. Their SaaS model offers board management tools, secure messaging, and extensive solutions like entity management, ESG reporting, and security compliance.
OnBoard
Headquartered in Indianapolis, Indiana, OnBoard provides a secure, scalable board management platform used by over 6,000 organizations across 60 countries. Their software streamlines governance and enhances director engagement in sectors such as finance and education.
Govenda
Govenda, a governance-focused platform, offers advanced tools for managing compliance securely and efficiently. Co-founded by Marion Lewis and Jeanette Thomas, Govenda emphasizes governance insights and transparency, facilitated by features like Gabii™ AI.
BoardPro
Based in Auckland, New Zealand, BoardPro targets small-to-medium enterprises and nonprofits with cost-effective, simplified governance solutions. The platform offers intuitive board management functionalities like agenda planning and real-time file sharing, positioning itself as a practical tool for accessible governance without the complexity of larger solutions.
Market Positioning
In a competitive environment filled with companies offering both similar and distinctive tools vital for effective board functionality, Boardable must keep innovating to maintain its market relevance. Competitors distinguish themselves with unique sector-specific solutions, an enhanced user experience, and comprehensive compliance features, areas Boardable might consider bolstering to retain its competitive edge.
