ServiceNow partner FlyForm secured Funding from Lloyds Bank

FlyForm Ltd, a Wales-based Elite ServiceNow partner, has now secured a growth capital investment from the Lloyds Bank. The exact amount of funding was not disclosed.

FlyForm is founded by the Arron Davies and Philip Davies in 2015. It is an Elite ServiceNow partner, providing consultancy, managed, and implementation services. It includes the clients from a wide range of sectors which includes the healthcare, BFSI, and government sector.

Philip Davies, the CEO of FlyForm, said, "We are beyond grateful to Lloyds Bank and the Izy Capital team for their help in achieving this massive opportunity. I look forward to working with my co-founder Arron and our growing team toward our vision of building Wales' first global technology consultancy with £1bn in annual revenue. This injection of capital will help us accelerate even faster into the next level, as well as being a huge vote of confidence in our vision to continue supporting the local economy with hundreds of jobs in the near future."

Seb Fitzjohn, Vice President of Alliance & Channel Ecosystem EMEA at ServiceNow, said, "FlyForm is a fantastic example of the vibrancy and the growth opportunity within the ServiceNow partner ecosystem. A big part of ServiceNow's strategy is to create the conditions for our partners to invest and scale, based on delivering customer success, and amazing experiences on the NOW platform."

The company, as of now, has plans to use the new funds to consolidate its position as a leading ServiceNow consultancy firm.

The company intends to expand into complementary market spaces and targeting annual revenue of £1 billion over the next 10 years, notes the announcement.

PC: Pablo, Pixabay