Boathouse Capital Completes Growth Investment in

Boathouse Capital is pleased to announce the completion of its growth investment in, (“Cardinality” or the “Company”), a government-technology focused AI SaaS solution provider. This capital raise will accelerate Cardinality’s ability to meet the growing demand in the public sector for modern and secure technologies.

Since its SaaS product launch in 2020, has experienced significant national demand and today has earned five states as clients, across eleven agencies. Named a GovTech100 company by Government Technology magazine over four consecutive years, Cardinality’s solutions serve 23M+ US constituents.

“This is an exciting day for the employees of Cardinality, the partners we work with, and the customers we serve,” said Thiag Loganathan, Cardinality’s CEO and Co-Founder. “With Boathouse’s investment, Cardinality has raised $26 million in funding over the past two years and reinvested other assets that approach $100 million in total commitment to fulfilling our vision. The recent round will be used for accelerating innovation and expanding go-to-market efforts of our built-for-government AI SaaS solutions personalizing citizen outcomes.”

Shivam Patel, Principal at Boathouse Capital remarked, “We are thrilled to announce our latest investment in With its modern software architecture and AI/ML capabilities, Cardinality has made significant strides in helping transform state-level health and human services departments to operate more efficiently and better address the needs of the most vulnerable and at-risk individuals. We believe that the Company’s impressive track record combined with its talented team and commitment to innovation positions Cardinality for continued success. We look forward to working closely with the Cardinality team to continue creating purpose-built SaaS solutions for the government.”