TeamSnap’s backers invest $7.5 million

BOULDER – TeamSnap Inc. has raised $7.5 million from investors, according to a federal regulatory filing.

Boulder-based TeamSnap has a mobile application that helps users manage sports team activities. The app allows coaches, team managers and parents to manage things like rosters, team scheduling, availability, messaging and making payments. The app is available in English, Spanish and French, and has 5 million customers in 195 countries.

Jason Mendelson, managing director at the Foundry Group investment firm in Boulder, is listed as a director of TeamSnap on the regulatory filing made with the U.S. Securities and Exchange Commission. A TeamSnap spokeswoman declined to comment on the regulatory filing.

TeamSnap offers paid versions of the mobile application, ranging from $4.99 per month for basic features, to $15.99 per month for more detailed features.

The company acquired complementary online companies Weplay and in 2013 for undisclosed amounts.

TeamSnap was founded by David DuPont in 2009. He serves as chief executive and chairman of the board.



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