fibodo’s Five‑Year Sprint: Cash, Cutbacks, and a Court‑Ordered Boost
fibodo, the wizards behind a fully‑customisable SaaS booking platform, just turned five and is sprinting past its own benchmarks. Revenue shot up 363% from 2017‑18 to 2018‑19, the average booking price crept over £25, and the platform’s user base kept stacking up like pancakes at a brunch. Recent data shows the jump in professional accounts and the rise in client bookings keep the momentum alive.
New Products, New Thrills
- Studio – an all‑in‑one creative hub that brings together management, booking, and marketing tools.
- Booking Hub – a streamlined interface that lets businesses juggle appointments without losing sleep.
Both are powered by a white‑label, proprietary booking app that’s already pulling in more paid bookings—up a staggering 453% year‑on‑year.
Headcount: From 8 to 22 (Sooner Than Expected)
- New Sales Manager, Rajan Popat, alights from Xexec, bringing a fresh recruiting fire.
- He’ll partner directly with the business development directors and shepherd the account‑management crew.
- Full‑time staff will swell from 8 to 22 by February 2020, more than doubling the team.
From the Ringleader (CEO Anthony Franklin)
“We’ve been on an exciting journey over the past five years and are now ideally placed to scale. New team members are providing the in‑house capability that we need to drive robust growth – with a strategy to continue making key appointments in the short to medium term.”
He adds, “Our SaaS solution is valuable, viable and relevant as the world gears toward service‑based businesses. Organisations are increasingly aware of the value that their ‘service professionals’ and the impact an engaged team can have on their bottom line. As they seek to comply with the latest employment legislation updates, most notably IR35, fibodo offers the perfect ‘plug and play’ solution.”
“The next 12 months promise to be an exciting time for fibodo, so watch this space.”
