Teamleader, the SaaS platform to help SMEs go digital, scores $22M Series C

Funding Rounds

▤ Summary

Teamleader, the SaaS platform that helps SMEs operate in a more digitally savvy way, has closed $22 million in Series C funding. Claiming to serve nearly 10,000 customers in 6 countries — comprised mostly of small and medium-sized enterprises — Belgium-headquartered Teamleader offers a SaaS-based platform to enable SMEs to digitise their business processes. This includes CRM and sales, project management, time tracking, and invoicing. “We even created a $1 million fund for developers across Europe to create integrations with Teamleader, a pretty wild idea that’s working great,” Teamleader co-founder and CEO Jeroen De Wit tells me. More broadly, De Wit says SMEs are no longer afraid of digitization, and are using more and more business software to their advantage.

$ Funding

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Amount $22.0M Total raised
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Date August 2, 2018 Announcement date
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Investors Teamleader, Sage Capital Lead investors
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Company http://www.teamleader.eu Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS CRM Invoicing Software

▦ Linked Companies

Teamleader
$10M to $25M