News - March, 2025

Cipio Partners invests in Conceptboard

Munich/Luxembourg – March 19, 2025 – Cipio Partners invests 10 million euros in Conceptboard to support the growth and further development of the collaboration platform. Additionally, an advisory board consisting of three experts will be appointed to strategically guide international growth

Conceptboard provides a secure, GDPR-compliant online whiteboard specifically designed for government agencies and security-critical companies. It enables real-time visual collaboration, regardless of location or device, and supports hybrid teams through interactive features and seamless integration with project management tools.

The growth strategy focuses on further developing the product with new features, such as secure AI, and expanding into the European market. The company relies on European cloud hosting partners to provide a secure, GDPR-compliant platform.
 

“The demand for GDPR-compliant collaboration solutions is growing rapidly. Public organisations in particular need alternatives to US providers," says Helmut Schmitz, CEO of Conceptboard.

Among other things, the company relies on European cloud hosting partners to provide a secure, fully GDPR-compliant platform.

“Conceptboard is a very well-run company in a growing market with prestigious customers. We were impressed by the team, the technological strength and the great product which is used in many different use cases.” says Ansgar Kirchheim, Partner at Cipio Partners.
 

Conceptboard is perfect for organizations with high data protection requirements, such as public authorities, ministries and companies in safety-critical industries (e.g., insurance, pharmaceuticals, aerospace). These organisations require secure and seamlessly integrated alternatives to US platforms. Customers include well-known companies such as Vaillant Group, Siemens Healthineers, Deutsche Bahn and numerous banks, insurance companies and public institutions in Germany and Europe.
 

Advisory Board with Top-Notch Expertise

Three experts join Conceptboard's Advisory Board, bringing valuable insights in market development, scaling, and international expansion:

Dipl.-Ing. Holger Heinen: Expert in digital sovereignty and IT infrastructures. He provides valuable insights for the strategic development of Conceptboard.

"In view of current political developments, digital sovereignty is an absolute must-have," emphasizes Holger Heinen. "A data outflow under the US Cloud Act should definitely be avoided."

Kay Iversen: Leader in B2B software (SaaS) and AI, with extensive experience in digital transformation, go-to-market strategies (GTM), product management and AI. He supports software companies in their digital transformation.

Advisory board colleague Kay Iversen adds, "Solutions like Conceptboard, which are both technologically leading and 100% compliant with data protection regulations, enable institutions to accelerate digital transformation while maintaining their independence."

Andreas M. Kleinknecht: Specialist in cloud technologies for the public sector. With his extensive experience working with public institutions and his expertise in cloud technologies, he makes a significant contribution to Conceptboard's strategic direction.

Andreas M. Kleinknecht also sees enormous potential for the public sector: "It is important to show authorities in Germany and Europe how regionally hosted cloud solutions can promote collaboration. Conceptboard optimizes processes across the board and strengthens trust in government institutions through digital sovereignty."

 

About Conceptboard

Conceptboard Cloud Service GmbH, founded in 2010, is a leading provider of visual collaboration and secure digital work solutions. With offices in Halle (Saale) and Stuttgart, this German SaaS company develops intuitive, GDPR-compliant collaboration tools tailored specifically to the needs of government agencies and security-sensitive enterprises. To find out more, visit www.conceptboard.com

 

About Cipio Partners

Founded in 2003, Cipio Partners is a leading investment management and advisory firm for European Growth Capital & Minority Buy-Outs for Technology Companies. Cipio Partners targets European growth stage technology businesses with €10-50 million in revenue and makes initial investments ranging from €5-15 million. Cipio Partners operates from offices in Luxembourg and Munich. Further information is available at www.cipiopartners.com