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Technology

Posted on February 26, 2020 by staff

AND Digital receives 拢11m investment

Technology

AND Digital has secured 拢11m funding.

BGF has backed the fast-growing tech consulting business which has bases around UK.

Established in 2014, AND Digital employs over 600 people and generating an annual turnover of 拢42m.

The organisation accelerates the digital capabilities of large enterprise clients, giving them the ability to build products and grow their internal digital capability.

Its rapidly-growing client base includes British Airways, Gousto, NBrown Group and IAG Cargo.

Founder Paramjit Uppal said:聽鈥淎ND has been on a massive growth journey since our start-up days in 2014. We鈥檝e built a truly remarkable company, based on a unique club model, which has accelerated our clients鈥 digital capabilities and helped to grow tech talent throughout the UK.

鈥淲ith confidence in our model and strong demand for our services, we鈥檝e set an even bigger goal for ourselves: to take what we have built and now make a global impact 鈥 that鈥檚 our BHAG, or 鈥榖ig hairy audacious goal鈥, for 2025.

鈥淭he growth funding from BGF provides the financial resources to really go for our BHAG 2025. With it, we can make essential investments that will fuel our growth, with the freedom to challenge more traditional ways and assumptions about how companies scale and grow.

鈥淭hat allows us to focus on building a company that really does stand out – in what it believes, how it works and how it grows.

鈥淏GF is a perfect partner for us and, throughout our discussions, has shown its deep belief in our business with a mindset that allows us to now get on with it. I鈥檓 excited for the future, and can already see our BHAG over the near horizon.鈥

Registered in Maidenhead, AND Digital has rolled out offices – known as 鈥榗lubs鈥 鈥 across the UK, including in London, Manchester, Leeds, Halifax and Reading. Its first club in Scotland, in the heart of Edinburgh club, has also been announced.

Alex Snodgrass, an investor at BGF who will join the board of AND Digital, said: 鈥淎ND Digital is a fantastic business, with a truly innovative and scalable approach to delivering technology services of the highest quality.

鈥淧aramjit and the team have built an excellent track record in the market through working with some of the UK鈥檚 biggest enterprises. We鈥檙e delighted to be joining the business at such an exciting time, supporting the next stage of its growth journey to further expand across the UK and build an international offering.鈥

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