Below is our recent interview with Marion Lewis, CEO of Govenda:
Q: Could you provide our readers with a brief introduction to Govenda?
A: BoardBookit, a leader in board portal software, recently announced it has rebranded to Govenda. The new name and brand reflect the company’s expanding vision and growing suite of corporate governance products. The product evolution, from a board portal to a board relationship and compliance management platform, is the driving force behind the rebranding. The company’s new name, logo, and suite of products address the rapidly changing needs of the corporate governance market. With the new name, enhanced vision, and the addition of new products in 2021, Govenda reflects a customer-driven focus on solutions that support and enable high-performing boards and address emerging corporate compliance needs. Govenda’s expanded platform will enable boards of all sizes and scopes to lead companies through business and societal changes, including environmental and social (ESG) and diversity, equity, and inclusion (DE&I) imperatives. New data collection and report generation capabilities enable enhanced levels of communication and organizational compliance, in particular with respect to ESG and DE&I.
Q: Can you give us more insights into your suite of products?
A: The relationship and communication between CEOs, corporate governance and compliance executives, and the board of directors is more important than ever. The Govenda board relationship management platform addresses this need and optimizes board performance through seamless and secure document exchange, reporting, and communications. Customers use the platform to ensure board directors are informed, engaged, communicating, and driving company performance and strong corporate governance.
New product news, in conjunction with this rebranding announcement, includes the introduction of three timely solutions:
1. Govenda enables data collection and a report-generating platform for corporate governance offices on environmental, social and governance (ESG) topics and can be integrated with the existing board portal or used as a stand-alone solution.
2. Expanded board relationship management features to ensure transparent, ongoing, and seamless communication between executives and the board directors.
3. Repackaged board management offerings to better meet the needs of all customer segments.
Q: Who is your ideal client and why?
A: Govenda, by BoardBookit, has robust and growing base of customers in healthcare/pharma, financial services, manufacturing, and higher education.
Q: What can we expect from Govenda in next 6 months? What are your plans?
A: Govenda is poised to help its customers go beyond the portal and realize the power and potential of high-performing boards. Our rebranding initiative is a major milestone for the company. We are evolving from board portal software to board relationship and compliance management solutions. Good governance has never been more important; the time is right to elevate our brand positioning and update the company name to reflect our game-changing focus on optimizing board performance to meet customers’ expanded ESG compliance needs. Our new identity demonstrates our commitment to and growing ambitions in the market.
Q: What is the best thing about Govenda that people might not know about?
A: Ranked 1,311 on the 2020 Inc. 5000 list of fastest growing companies, the former BoardBookit emerged as a market leader for board portal software. Founded by two women entrepreneurs, Marion Lewis, CEO, and Jeanette Thomas, CTO, the company has experienced 340% growth over the past three years. The company’s tremendous success led to a meaningful minority investment from Growth Street Partners in late 2020. With the introduction of new, forward-thinking solutions in 2021 and the growth capital to invest back into the team and suite of products.
The new name and logo boldly depart from a previous focus on board books and visually express an enhanced vision. Govenda will maintain the “by BoardBookit” branding during an initial transition period. The Govenda branding captures the key characteristics of optimizing board performance.