Berlin-based VC invests in Board Owl’s seed round

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17.07.2023
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Zurich-based Board Owl, the global board digital matching and education platform designed to streamline and simplify the search for qualified candidates, has completed its seed round, raising significant funding to continue its international expansion. Berlin-based HR Tech venture capital firm Allygatr led the round. 

Besides Allygatr, the round attracted private investors including Georges Khneysser, Donald Waterreus, Romy von Roeder, Markus Infanger and Farah Mujli who share the startup’s vision of transforming the board market. The funding will flow into technology advancements by adding new features based on the customer feedback that was gathered since the platform’s launch 1.5 years ago. It will also propel international expansion.

On the successful funding, Board Owl’s CEO Daniel Aghdami commented: “We are thrilled to have secured funding for our next stage of growth and view it as a strong endorsement of our vision and momentum. It was a priority for us to attract not only capital, but diverse skills, opinions and networks to challenge us and to support Board Owl’s growth. We have certainly achieved that with this group of high-calibre investors with their backgrounds in HR, Tech, Finance, Blockchain, Entrepreneurship and Venture Capital.”

Board Owl was incorporated in 2023 after spinning off from Dart Talent and Executive Search. Its three experienced founders, Daniel Aghdami, Sasha Savic, and Delphine Trabaldo Togna, have diverse backgrounds and are committed to promoting transparency, efficiency, and diversity in the board market.  The startup match board members to companies.

The platform uses algorithms to bring together the right people with the right companies – startups, Scale-ups, SMEs and non-profit organizations from a wide range of sectors in order to drive business growth, while promoting diversity and inclusivity. By leveraging advanced algorithms, Board Owl streamlines the board selection process, saving valuable time for both candidates and organizations. Furthermore, the platform fosters inclusivity by promoting diversity in all its forms, thereby nurturing a dynamic and forward-thinking board ecosystem.

So far, more than 500 individuals seeking board positions and over 100 companies have registered on the platform. Since its launch, the startup has already made remarkable steps in revolutionizing the board appointment process in Switzerland as well as across Europe, Asia, and Africa. Last year alone, the company facilitates over 100 corporate and advisory board appointments. Since the launch, 150 matches have been made with 43% being women.  

Board Owl has emerged as a trusted platform connecting highly qualified individuals with organizations seeking their expertise. Recently, the company announced a new partnership with the London Stock Exchange, joining its Marketplace to provide its services to listed companies, and those preparing for their IPO.

(Press release/RAN)
Photo left to right: Daniel Aghdami, Delphine Trabaldo Togna and Sasha Savic. 

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