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Boardable
Affordable board management software for nonprofits
About Boardable
Boardable operates as a specialized software-as-a-service (SaaS) provider, offering a cloud-based board management platform tailored primarily for nonprofit organizations. Founded in 2016 by Jeb Banner, Andy Clark, Joe Downey, Jason Ward, and Chris Lucas, the Indianapolis-based company emerged from the founders' direct experiences with the operational challenges within nonprofit boards. Banner, who served as the initial CEO, brought entrepreneurial experience from his digital agency, SmallBox, identifying the need for a dedicated tool to streamline board activities. This firsthand insight into the administrative burdens of board service shaped the company's mission to improve engagement and efficiency.
The company generates revenue through a multi-tiered subscription model, offering plans that scale from essential services for smaller groups to enterprise-level solutions for large, complex organizations. This structure allows Boardable to serve a wide spectrum of clients, including charities, associations, healthcare organizations, and educational institutions. Boardable has successfully secured significant investment to fuel its growth, raising a total of $15.1 million over six funding rounds, including a notable Series A round. These infusions of capital, led by investors such as Base10 Partners and High Alpha, have been allocated to product development, market expansion, and team growth.
Boardable's platform centralizes all aspects of board operations into a single, secure portal. Key functionalities are designed to manage the entire meeting lifecycle. Before meetings, users can leverage an agenda builder with templates, a document center for secure file storage, and task management tools to assign and track responsibilities. During meetings, the platform facilitates virtual and hybrid sessions with integrated video conferencing (Boardable Video), a minutes maker, and tools for real-time collaboration. After meetings, features such as e-signatures, polling for digital voting, and reporting analytics help maintain momentum and provide performance insights. The platform is accessible via web and mobile apps, ensuring connectivity for geographically dispersed board members.
Source: Dealroom company dataAt a glance
- Founded
- 2016
- Headquarters
- Fishers, United States
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
High Alpha- CVCollina Ventures
Series A3 investors entered at this stage
Base10 Partners
IU Ventures
VisionTech Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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