Teamleader scores €10M Series B to help SMEs go digital

Funding Rounds

Summary

Belgium startup Teamleader, which began life while co-founders Jeroen De Wit, Willem Delbare and Mathias De Loore were studying together at university, has raised €10 million in Series B funding. “We noticed that our SME customers always ran into the same problems: managing their customer base (CRM), creating and sending offers to leads and the invoicing process. Since these were the exact problems that we were facing, and since we couldn’t find a solution on the market that we liked, we developed a tool ourselves”. “We convinced a few of our web agency customers to try it out, and based on their feedback we kept improving the product,” adds De Wit. As well as two funding rounds prior to today’s Series B, bringing total funding to €13.5 million, Teamleader opened offices in the Netherlands, Germany and Spain, in addition to Belgium, something that its CEO says reflects a “multi-local” approach.

$ Funding

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Amount $10.9M Total raised
Date November 10, 2016 Announcement date
Investors Teamleader Lead investors
Company http://www.teamleader.eu Funded company

Classifications

industries
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applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS CRM Invoicing Software

Linked Companies

Teamleader
$10M to $25M