Kuberno launches American subsidiary to meet global demand
Kuberno, a global provider of legal entity management SaaS solutions for enterprises, has announced the establishment of its American subsidiary, Kuberno US.
The subsidiary, incorporated in Delaware, aims to cater to Kuberno's American clientele, with initial hires in Boston and California. Furthermore, Kuberno is introducing a Registered Agent service to assist clients in managing their governmental, tax, and legal correspondences across all US states.
This move marks a significant milestone in Kuberno's rapid growth throughout 2023, a year in which the company saw a threefold increase in size and secured a £3.5 million investment from Nasdaq Ventures. This investment also led to a strategic commercial partnership with Nasdaq Governance Solutions, enhancing collaboration on Kuberno's global entity governance platform, Kube.
Kuberno is continuing to scale globally as it looks to maintain its impressive growth trajectory, having secured a number of clients on the Fortune 500, and with VP Sales, Americas, Michael Miller, brought on board with over 10 years governance technology experience, to spearhead expansion in the Americas.
The introduction of Kube to corporations in the Americas is set to revolutionise governance, offering substantial time and cost savings by streamlining regulatory and statutory reporting across different jurisdictions and enhancing the accuracy of these processes. The automation of administrative tasks within the legal entity management sphere, including the creation of data insights and reports and the management of documents and data, will free up legal and governance professionals to contribute more significantly to their organisations with their expertise and insights.
Zoe Bucknell, CEO and Co-Founder of Kuberno, said: “With the burgeoning appetite we’ve been seeing in America for the Kube platform, setting up a dedicated presence here was a natural next step. We are committed to ensuring that our American clients can enjoy our full-service capability immediately, including the enhanced user experience and client service we are well-known for, both through Kube and through our new Registered Agent service. Today marks an important milestone in our journey and I’m excited to grow Kuberno Inc’s position in the US market.”
Jay Dodd, CCO and Co-Founder of Kuberno, commented: “Kuberno’s rapid growth is testament to the ability of the Kube platform to help multinational enterprises – some of the most complex organizations in the world – easily manage all their legal entities. We’ve been delighted by the enthusiasm we’ve seen for the platform, which has served to illustrate how much appetite there is in the market for Kube. We’ll continue looking for ways to innovate the platform and expand our offering to ensure our clients are receiving the best-in-class support to achieve excellence in governance.”