Tech firm secures £11m investment for international expansion

A technology company is set for further growth after securing a multi-million pound equity investment from BGF.

AND Digital, which develops software to enhance the digital capabilities of its clients, has received £11m investment from the business investor in order to accelerate its ongoing growth.

The company, which works with clients such as British Airways, Gousto, NBrown Group and IAG Cargo, aims to expand its international offering with the funding, and has today announced the launch of its first Scotland club in Edinburgh.

Paramjit Uppal, founder of AND Digital, said: “AND has been on a massive growth journey since our start-up days in 2014. We’ve built a truly remarkable company, based on a unique club model, which has accelerated our clients’ digital capabilities and helped to grow tech talent throughout the UK.

“With confidence in our model and strong demand for our services, we’ve set an even bigger goal for ourselves: to take what we have built and now make a global impact – that’s our BHAG, or ‘big hairy audacious goal’, for 2025.

“BGF 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’m excited for the future, and can already see our BHAG over the near horizon.”

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

“Paramjit and the team have built an excellent track record in the market through working with some of the UK’s biggest enterprises.

“We’re 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.”