Total amount raised
$58M
Latest funding date
2022-12-05
Location
TeamSnap has successfully navigated 10 funding rounds, attracting investment from 13 different investors, including Bolt Ventures and Foundry Group. The platform is designed to simplify the management of youth sports teams, clubs, and leagues by offering tools for registration, payments, scheduling, and more.
Keep reading to explore the intricacies of TeamSnap's fundraising journey and the investors backing this innovative platform.
TeamSnap has raised funding across 10 rounds, attracting investment from 13 different investors, including Bolt Ventures and Foundry Group.
Keep reading to explore the intricacies of TeamSnap's fundraising journey and the investors backing this innovative sports management platform.
What Is TeamSnap?
TeamSnap, founded in 2009 and headquartered in Boulder, Colorado, is a leading youth sports management platform. It offers tools for team registration, payments, rosters, schedules, communications, coaching resources, and live streaming — all unified under the TeamSnap ONE platform. The company serves millions of coaches, parents, players, and administrators across teams, clubs, and leagues.
How Much Funding Has TeamSnap Raised?
- Series A
- Amount Raised: USD 700,000
- Date: June 2010
- Lead Investors: eonCapital
- Seed / Series Unknown
- Amount Raised: USD 717,276
- Date: August 2010
- Lead Investors: Undisclosed
- Series Unknown
- Amount Raised: USD 910,000
- Date: October 2011
- Lead Investors: Undisclosed
- Participants: Trinity Ventures, eonCapital
- Series Unknown
- Amount Raised: USD 2,750,000
- Date: February 2013
- Lead Investors: Undisclosed
- Participants: Torstar, Toba Capital, Trinity Ventures, Harris Barton, eonCapital
- Series B
- Amount Raised: USD 7,500,000
- Date: February 2014
- Lead Investors: Foundry Group
- Participants: Trinity Ventures, Toba Capital, Torstar, Harris Barton
- Series B
- Amount Raised: USD 10,000,000
- Date: September 2015
- Lead Investors: Northgate Capital
- Participants: Colorado Impact Fund, Crawley Ventures, Foundry Group, Paul Levine
- Series C
- Amount Raised: USD 25,000,000
- Date: January 2017
- Lead Investors: Foundry Group
- Participants: Fairfax Financial Holdings, Crawley Ventures
- Convertible Note
- Amount Raised: USD 5,500,000
- Date: June 2020
- Lead Investors: Bolt Ventures, Foundry Group
- Series Unknown
- Amount Raised: USD 5,500,123
- Date: December 2022
- Lead Investors: Undisclosed
- Debt Financing
- Amount Raised: Undisclosed
- Date: December 2022
- Lead Investors: Undisclosed
Total Amount Raised: At least USD 57,577,399 based on disclosed funding (one additional Debt Financing round from December 2022 has an undisclosed amount).
Key Investors
- Foundry Group
- Details: Boulder-based venture capital firm and TeamSnap's most prolific backer. Foundry Group served as lead investor in the February 2014 Series B, the January 2017 Series C, and co-led the June 2020 Convertible Note round alongside Bolt Ventures.
- Bolt Ventures
- Details: Joined TeamSnap as a new investor in the June 2020 Convertible Note round, co-leading the raise alongside Foundry Group. Isaac Harrouche, Investment Principal at Bolt Ventures, was a named participant in the deal.
- Northgate Capital
- Details: Led TeamSnap's September 2015 Series B round of USD 10,000,000, helping the company capitalize on its growing user base of millions of sports participants.
- eonCapital
- Details: Early-stage investor that backed TeamSnap's initial Series A round of USD 700,000 in June 2010, and continued as a participant in later rounds.
- Trinity Ventures
- Details: Participated in multiple early rounds, including the 2011 and 2013 Series Unknown rounds and the 2014 Series B.
- Fairfax Financial Holdings
- Details: Canadian-based diversified holding company that participated in the January 2017 Series C round led by Foundry Group.
What's Next for TeamSnap?
TeamSnap is well-positioned to continue its growth trajectory as one of the leading youth sports management platforms. With a broad and expanding user base, the company is focused on deepening its partnerships with coaches, leagues, and administrators. Having secured the backing of private equity firm Waud Capital Partners in 2021, TeamSnap is poised to invest in further product development, expand its offerings, and pursue both organic and inorganic growth opportunities in the fragmented youth sports technology market. The company's continued emphasis on innovative tools — from registration and payments to communications and live streaming — signals its commitment to becoming the all-in-one solution for sports organizations of all sizes.
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