Praxonomy aims to become the go-to collaboration platform for boards of pre-IPO, small-cap and mid-cap listed companies as well as regulated private businesses. With more than US$5.5M raised so far, Praxonomy’s easy to use and secure technology has been designed to transform how modern boards work and make decisions.
Praxonomy aims to modernise the way boards work. Boardlogic, our cloud portal, is an encrypted collaboration platform purpose-built for boards and governing bodies. With a focus on ease of use, practicality, privacy and data security, Boardlogic is designed to take the sting out of digital transitions and help cut meeting-related time and costs.
Our client list includes the FT Board Director Programme, ACOLIN, St George's University of London and Habitat for Humanity HK. We’ve established high-value channels with, among others, the London Stock Exchange Group Issuer Services Marketplace and the Crown Commercial Service G-Cloud.
The estimated $3bn board portal market is expected to grow at 17% per year and reach $12bn by 2029. Given that EY recently reported that 81% of boards cite increasing cyber threats as highly relevant we expect that strengthening cybersecurity will be a key growth driver for Praxonomy.
With more than US$5.5M already invested, in large part for product development, Praxonomy has positioned Boardlogic as an enterprise-grade, production-proven product for a growing market sector. Praxonomy itself is VeraSafe Privacy Seal certified, GDPR compliant and ISO27001 security audit certified.
The funds we raise on Crowdcube will help us grow the company, invest in product innovations and expand our sales and marketing capabilities, especially in the UK and EU.