TeamSnap Raises $25M in Funding

TeamSnap, a Boulder, CO-based provider of sports team, club and league management solutions, raised $25m in funding.The round was led by the Foundry Group, via Foundry Group Next, a $500m fund established in 2016, with participation from Fairfax Financial Holdings Limited.The company intends to use the funds to expand its Marketing, Sales and Product teams.Led by CEO Dave DuPont, TeamSnap provides an integrated sports team, club and league management platform for coaches, administrators, players and families to communicate and coordinate their active sports life.The company is currently approaching 15 million customers across 196 countries, including nearly 5,000 TeamSnap for Clubs & Leagues customers.