Stockholm-based BoardClic, which provides a platform for analysing board performance, has raised around €1.7 million in a new share issue. The round is led by Tom Nyman Holding AB and backed by Hartung Capital and Subvenio Invest. The funding will support the company’s continued product development, including AI-driven features, and its international expansion. BoardClic serves private equity firms, advisers, and corporate boards across more than 50 countries, with clients including EQT, Triton, Aston Martin, and Tele2. The company expects to reach SEK 30 million (€2.6 million) in revenue and ARR in 2025 and aims to become profitable in the first half of 2026.
BoardClic provides a digital platform for analysing and enhancing board performance. The platform uses data-driven insights to help boards evaluate composition, dynamics, decision-making processes, and overall effectiveness. BoardClic serves private equity firms, advisers, and corporate boards across a wide range of industries, with customers in over 50 countries. Founded in 2018 by experts in board advisory, the company operates from Stockholm and London and supports more than 7,000 chairs and directors across 600 boards. Its tools are particularly aimed at improving governance and decision-making in regulated organisations, financial institutions, and investment firms.
“In a rapidly changing world, a board’s composition, dynamics, competence and ability to analyse and make decisions based on data are critical to corporate success. As a new investor, I am pleased to be part of developing the next‑generation platform which, with the help of AI, will take board performance to a completely new level,” says Tom Nyman.
BoardClic expects to reach revenue and annual recurring revenue (ARR) of SEK 30 million in 2025, with half of the income coming from the United Kingdom, and to become profitable in the first half of 2026. The company operates in the private equity sector, serves advisers and consultants, and works directly towards boards. Customers include EQT, Triton, FSN Capital, Aston Martin, Persimmon Homes, Jupiter Asset Management, Howdens, Diploma PLC, Elekta, Tele2, Boliden and Kinnevik.
“BoardClic is already changing how boards evaluate their work, and AI is the next natural step,” says Christoffer Hartung, Chief Executive Officer at BoardClic. “By using AI models in the next generation of our platform, we can provide boards with better decision support, smarter agendas and stronger board composition. It is no longer only about traditional board evaluations. It is about strengthening the board’s performance in a digital and data-driven way, increasing company value and creating real impact from AI. Our technology is particularly valuable for the private equity sector, where the need to improve performance across several portfolio companies is crucial to maximising value creation.”
“This financing marks a new and exciting chapter for BoardClic,” says Monica Lagercrantz, founder and board member of BoardClic. “The company has come a long way since its founding, with several hundred satisfied customers in more than 50 countries. I am proud of the value we deliver to our customers. We are now taking the next step in our development, where AI will, among other things, further accelerate that value,” adds Monica Lagercrantz.
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Read the orginal article: https://arcticstartup.com/boardclic-raises-e1-7m/
