Cipio Partners has invested 10 million euros in Conceptboard to enhance its collaboration platform and support growth in the GDPR-compliant software market.

Information on the Target

Conceptboard Cloud Service GmbH, established in 2010, is a prominent provider of visual collaboration and secure digital work solutions. Based in Halle (Saale) and Stuttgart, this German SaaS firm specializes in developing intuitive, GDPR-compliant collaboration tools tailored for government agencies and enterprises with strict data security requirements. Its flagship product is an online whiteboard that facilitates real-time visual collaboration across various locations and devices, making it ideal for hybrid teams and critical industries.

The platform's capabilities are particularly attractive to organizations with high data protection needs, such as public authorities, ministries, and safety-sensitive sectors like insurance, pharmaceuticals, and aerospace. Conceptboard serves a diverse clientele, including recognized names like Vaillant Group, Siemens Healthineers, and Deutsche Bahn.

Industry Overview in Germany

The demand for secure and compliant collaboration solutions in Germany is experiencing rapid growth, fueled by increasing awareness among organizations, particularly public sector entities, abou