TeamSnap builds sport management technology used by coaches, administrators, players and parents to sign up, schedule, communicate, collect payments and coordinate teams and leagues. The platform supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 sports and activities. TeamSnap emphasizes ease of use and customer loyalty, which the company says is a testament to ongoing investment in its technology and customer experience. The company positioned the product to help organizations manage registration, scheduling and payments as sports activities resume. Management says the recent financing gives TeamSnap liquidity and flexibility to further support its network of teams, sports organizations and brand partners. Founded in 2009, TeamSnap continues to focus on taking the work out of play for youth sports and group activities. TeamSnap provides a platform to simplify communication and coordination for coaches, administrators, players and families across teams, clubs and leagues. The company serves nearly 15 million customers across 196 countries and counts more than 3 million users in Canada, including nearly 5,000 TeamSnap for Clubs & Leagues customers. Active users interact with the product an average of more than 40 times per month, and the native iOS app holds a 4.7 rating and regularly ranks among the App Store’s Top 10 Free Sports Apps. TeamSnap says it will use the new funding to redouble focus on TeamSnap for Clubs & Leagues and to expand its marketing, sales and product teams to accelerate platform advancements. The company is also recognized for its strong corporate culture, having been ranked No. 6 in Outside Magazine’s 2016 Best Places to Work. TeamSnap is based in Boulder, Colorado. TeamSnap provides web and mobile apps that organize and communicate schedules, practices, equipment and volunteer coordination for sports teams. The product emphasizes mobile engagement — its iOS app is rated 4.7 and ranks among the App Store’s Top 10 Free Sports Apps — and users interact with the platform an average of 40 times per month. The company nearly doubled its customer base over the past year and now reports 9 million users across 196 countries. TeamSnap says it plans to build on its market position to become a unifying sports team platform and a marketplace for sports-related products and services. Founded in 2009 and based in Boulder, the company has a team of more than 60 people working remotely around the U.S. Its leadership frames the recent financing as a way to accelerate delivery of innovative sports management solutions. TeamSnap offers a mobile and web service for managing sports teams, activities and organizations. Its top-rated mobile app lets users schedule games, view player availability, track statistics, process mobile payments and more. The company says more than 5 million people use TeamSnap worldwide, and over 60 percent of customers use the mobile app. TeamSnap is described as an award-winning service and its app is available on the iTunes App Store and Google Play. Based in Boulder, Colo., the company plans to accelerate growth and continue innovating its product following the new financing. TeamSnap offers an online web application, native mobile apps, text messaging and interactive email to manage recreational and competitive sports teams, social groups and other organizations. Two million parents, participants and coaches use TeamSnap’s platform. The company has experienced high triple-digit growth for the last two years and leadership describes the market as largely untapped, with sports representing a particularly large opportunity. TeamSnap closed a $2.75 million funding round, exceeding its original $1.5 million target, to accelerate market penetration. Management said the new capital and investors will help speed customer adoption, especially in Canada where the company is already seeing good growth. New and existing investor relationships are expected to support expansion and product engagement.

Total raised

$52M

Funding rounds

7

Latest round

Convertible Note

Latest activity

May 2020