Kuorum

Kuorum

Kuorum is a SaaS for legal online voting.

HQ location
Madrid, Spain
Website
Launch date
Employees
Enterprise value
$880k—1m
Company register number
B86761459
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€200k

Seed
Total Funding000k

Financials

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% growth-45 %
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Source: Dealroom estimates

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More about Kuorum
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Kuorum Social S.L. operates as a technology company specializing in secure electronic voting and digital identity solutions. Founded in Madrid, Spain, in 2013 by Matias Nso Roca, Chema García, and Iñaki Domínguez, the company aims to help organizations digitalize their assemblies and elections. The firm targets a diverse client base, including corporations, professional associations, sports clubs, NGOs, political parties, and universities, enabling them to conduct shareholders' meetings, assemblies, elections, and other legally valid processes remotely.

The company's business model is rooted in a Software-as-a-Service (SaaS) offering that provides a platform for online voting and citizen engagement. This technology is the culmination of over five years of research and development focused on security and usability. Clients can launch a customizable online voting platform quickly, personalizing it with their logo, colors, and domain. The platform is designed to handle various voting requirements, including secret ballots, weighted voting, proxy voting, and real-time quorum calculations. It integrates with videoconferencing systems to facilitate virtual or hybrid events and is designed to be user-friendly for voters of all ages and digital skill levels, accessible via links or QR codes.

Kuorum's system adheres to significant security and quality standards, holding certifications for ISO 27001 (Information Security), ISO 9001 (Quality Management), and the high level of the Spanish National Security Scheme. These certifications help streamline adoption by clients' IT and data protection departments. The platform also features anti-coercion mechanisms to meet the bylaws of demanding organizations. Notable milestones for the company include receiving the "Best Technology of the Year" award from the Washington Academy of Political Arts and Sciences in 2016 and a recognition from the United Nations Global Compact in 2020 for its contribution to Sustainable Development Goal 16. In November 2015, Kuorum secured a grant of $131K from the European Union.

Keywords: electronic voting, online voting, digital identity, secure elections, shareholder meetings, general assemblies, SaaS, citizen engagement, corporate governance, digital democracy, remote voting, hybrid meetings, certified voting platform, quorum management, proxy voting, weighted voting, ISO 27001, professional associations, election software, board meetings

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