Brainloop is a German platform for secure board portals and data rooms. It serves supervisory boards, executive teams and project groups, with modules for board meetings (MeetingSuite), board and deal rooms (BoardRoom and DealRoom) and collaboration (CollaborationRoom). The solutions are offered as online platforms. The company is headquartered in Munich and has been part of the US group Diligent since its acquisition in 2018.
Brainloop states that it stores customer data exclusively in local data centres, naming Germany, Austria and Switzerland. Those locations are in the EU and in Switzerland. The parent company, Diligent Corporation, is headquartered in New York, so US law, including the CLOUD Act, can reach the group regardless of where data is stored. The product is not open source. European organisations should weigh this group relationship alongside the local hosting when reviewing contracts.