Diligent Equity

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Overview

Diligent Corporation provides SaaS solutions for governance, risk, and compliance (GRC), including equity management tools under Diligent Equity. The Diligent One Platform offers visibility into ownership, cap tables, and stakeholder details for companies and investors. It serves over 1 million users and 700,000 board members, with products used by 65% of Fortune 1000 companies.

History

Founded in 1994 by Brian Henry and Kiri Borg as Manhattan Creative Partners, focusing on secure websites for financial institutions. Developed Boardbook in 2001 for secure board document automation. Listed on NZX in 2007 via $24M IPO; acquired by Insight Partners in 2016 for $624M, returning to private ownership. Further backed by Clearlake Capital since 2018.

Product Lines

Product Line	Positioning	Price Range
Diligent Equity (cap table management)	Investments management for ownership visibility	Subscription-based, pricing on request
Board Portal (secure collaboration)	Board meeting and voting tools	Subscription-based, pricing on request
Diligent One Platform (GRC suite)	Consolidated risk and compliance view	Subscription-based, pricing on request

Manufacturing

As a SaaS company, Diligent develops software in-house with offices in New York, Galway, London, Washington D.C., Munich, Budapest, Hong Kong, Bangalore, Sydney, and Vancouver. No physical manufacturing involved.

Notable Products

Diligent Equity - Platform for cap table management and ownership distribution visibility.
Boardbook/Board Portal - Secure tool for board meetings, messaging, and voting.
Diligent One Platform - Integrated GRC solution for risk, compliance, and ESG management.
Entities (risk management) - Tool for managing enterprise entities and compliance.

Reputation

Professionals recognize Diligent as a market leader in GRC SaaS, praised for secure board solutions and broad adoption among Fortune 1000 firms. Strengths include comprehensive platforms and global reach; some note high subscription costs as a drawback.

Sources (7)