{"id":59775,"date":"2020-05-26T16:21:36","date_gmt":"2020-05-26T20:21:36","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=59775"},"modified":"2020-05-26T16:22:03","modified_gmt":"2020-05-26T20:22:03","slug":"teamsnap-raises-5-5-million-in-funding-as-sports-activities-begin-to-resume","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/teamsnap-raises-5-5-million-in-funding-as-sports-activities-begin-to-resume\/","title":{"rendered":"TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume"},"content":{"rendered":"

BOULDER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — TeamSnap<\/a>, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.<\/p>\n

\"TeamSnap\"
\nTeamSnap supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 different sports and activities. Sport organizations, teams, players and families use TeamSnap’s innovative technology everyday to sign up, schedule, communicate, collect payments and coordinate everything for the sports season.<\/p>\n

\u201cWhile this has been a challenging time for the collective youth sports industry, it is gratifying to know that investors are still bullish about our technology, market position and brand,\u201d said Dave DuPont, CEO and co-founder of TeamSnap. \u201cOur customers have always genuinely cared about our product. Their loyalty is a testament to our continued investment in technology and our commitment to improving the customer experience. As sports activity continues to recover, this funding gives us liquidity and flexibility to further support our network of teams, sports organizations and brand partners.\u201d<\/p>\n

The Boulder-based venture firm Foundry Group has been a lead investor for TeamSnap in previous funding rounds. Bolt Ventures joins as a new TeamSnap investor.<\/p>\n

\u201cTeamSnap has become synonymous with youth sports and is the top-of-mind platform for all teams and sports organizations,\u201d said Isaac Harrouche, Investment Principal, Bolt Ventures. \u201cWith sports activities set to return, we are thrilled to partner with TeamSnap and look forward to its continued growth fueled by its powerful brand and innovative technology.\u201d<\/p>\n

About TeamSnap<\/strong><\/h3>\n

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 22 million coaches, administrators, players and parents rely on TeamSnap\u2019s powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https:\/\/www.TeamSnap.com\/<\/a>.<\/p>\n

Twitter: #YouthSports #SportsTech @teamSnap<\/p>\n

*LOGO Link for Media: https:\/\/www.Send2Press.com\/300dpi\/17-1219s2p-teamsnap-300dpi.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BOULDER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.<\/p>\n","protected":false},"author":9780,"featured_media":31648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,32,1,29,38,575,599,30,11812,5],"tags":[13465,9661,10887],"class_list":["post-59775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software-news","category-boulder-news","category-business-news","category-colorado-news","category-finance-news","category-investment-news","category-cloud-saas-news","category-sports-news","category-sports-technology","category-technology-news","tag-bolt-ventures","tag-foundry-group","tag-youth-sports","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":5538,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/59775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=59775"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/59775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/31648"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=59775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=59775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=59775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}