Boulder-based team sports tech company TeamSnap is on a mission to soak up an over 40 million-person market opp in the world of organized team sports. Today, the team is announcing its third acquisition, the acquisition of online team management company Easy Team Manager from Lone Tree-based Kranitz Enterprises, in its five-year history.
The team’s most recent round, a $7.5 million Series B in February, helped to fuel this acquisition and also is powering the private beta launch of the TeamSnap Live product this month. TeamSnap Live is a crowdsourcing feature that updates scores and stat in real-time (handy for busy parents who can’t make it to children’s sports games - and for ultra-competitive adult intramural players).
TeamSnap Live adds a very necessary use case to TeamSnap’s arsenal of time-saving features. Over 7 million sports players already use TeamSnap to schedule games, track player stats and share messages.
The widespread reach of TeamSnap, which is only furthered by strategic acquisitions like that of social networking site WePlay last year, has been a huge draw for investors like Foundry Group, Trinity Ventures and Toba Capital since the beginning.
“Our mission has stayed the same since day one – help customers save time when it comes to managing their on-going teams and activities.” said CEO Dave DuPont, who was a founding member of Boulder-based LeftHand Networks (which was acquired by HP in 2008), in a statement. “By bringing Easy Team Manager into the TeamSnap fold, we continue to address customer needs and are taking the next step on our growth path.”