Buyer-Centric Platform Launches at AWS re:Invent 2024 and Adds Cloud Luminary
Flywl, the first buyer-centric cloud meta-marketplace, designed to simplify software acquisition for buyers and sellers, announced today that cloud marketplace pioneer Avanish Sahai is joining its Board of Directors. Sahai has been instrumental in building innovative partner ecosystems since the early days of the cloud revolution including at leaders like Salesforce, Google Cloud, and ServiceNow. He joins Flywl to support its mission of accelerating the global cloud marketplace transition from simple listing platforms to procurement force multipliers and sales growth engines.
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Avanish Sahai (Photo: Business Wire)
"I’m thrilled to join the Flywl Board. The cloud marketplace landscape is at an inflection point," said Avanish Sahai. "What began as marketing listings is showing the potential to be the most sophisticated discovery and procurement channel, handling billions of dollars in transactions. However, both buyers and sellers face significant challenges in discovery, transacting digitally, and managing commitments effectively. As someone who has helped shape the evolution of B2B marketplaces, I am excited about Flywl's approach of reimagining them from the buyer's perspective and its potential to help B2B sellers address the challenge of growing effectively. I am very impressed by the team’s vision and ability to execute at speed."
Sahai brings deep expertise in enterprise software, marketplaces, and scaling high-growth companies. He also focuses on emerging technologies and their impact on enterprises as a Fellow at Stanford University's Distinguished Careers Institute.
"Avanish's appointment is a significant milestone for Flywl" said Ankur Srivastava, CEO and Founder of Flywl. “His expertise in cloud computing and platforms, SaaS, and ecosystem-based growth will be invaluable in helping us form valuable partnerships and deliver exceptional value to our customers, partners, and stakeholders. I deeply value Avanish’s unique perspective on both the buy and sell sides of cloud marketplaces, combined with his board experience across multiple high-growth public and venture-backed companies. His nuanced understanding of enterprise procurement and marketplace dynamics will help us achieve our mission of making cloud marketplaces intelligently simple."
Flywl also launched its first buyer module, Compass, at AWS re:Invent 2024 in Las Vegas where it was joined by leaders from AWS, Anaplan, and Fortune 500 companies. Compass is a unified dashboard to simplify the buyer cloud discovery journey across multiple CMPs, manage spend, and get AI recommendations on savings with integrations into AWS, Azure, and Google Cloud. re:Invent attendees strongly echoed with the product’s potential to impact speed of procurement and deliver immediate savings. By providing more comprehensive and intelligent listings, automated workflows, and actionable insights, Flywl helps buyers and sellers make better decisions and accelerates growth while enhancing quality engagement across all parties.
This announcement follows Flywl's recent $7M seed funding and launch. With the launch of its buyer-facing flagship product, Compass, Flywl can help enterprises navigate the complexity of cloud marketplace procurement and retire cloud spending commits with speed and confidence. With mega commitments expanding across AWS, Azure, and Google Cloud, and Boards increasingly focused on spend optimization, Flywl's platform is positioned to transform how companies gain the actionable intelligence needed for strategic and rapid decision-making.
About Flywl
Flywheel Dynamix (Flywl) makes cloud marketplaces intelligently simple and helps every company measure, optimize, and execute its own growth flywheel™. As the world’s first cloud meta marketplace, Flywl helps buyers buy better and sellers accelerate revenue faster with unmatched trust, visibility, and transaction efficiency. Flywl aims to simplify software acquisition, optimize spend allocation into cloud commits for enterprise buyers, and empower sellers to offer and optimize their products across all cloud marketplaces seamlessly.
Backed by Storm Ventures, Foster Ventures, FeBe, Tekton Ventures, and Beenext, Flywl has raised $7M in seed funding. It is headquartered in the San Francisco Bay Area and has offices worldwide.
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