Unified CRM, invoicing and project planning software Teamleader receives €1M in a Series A funding round from Fortino to accelerate international growth.
Ghent, Belgium, May 22, 2014
Teamleader NV (teamleader.be), provider of a unified CRM, invoicing and project planning platform, has received €1 million in Series A funding from Fortino to accelerate the company’s growth and international expansion. It is the first time in their relatively brief history that the company has accepted venture funding. Renaat Berckmoes, managing partner at Fortino, will join the board of directors at Teamleader.
Teamleader enables companies to manage their relationships, opportunities, projects, timesheets and invoices in a unified and collaborative online solution. Combining these tools provides a unique solution to help clients improve company productivity and allows them to focus on their core business. Teamleader already supports over 1500 clients in promising start-ups, SMB’s and larger enterprises.
We’re excited that the satisfaction of our clients and the enthusiasm of our team is endorsed by Fortino’s trust in Teamleader. Our short collaboration has already proven to be very productive and we are convinced that they are the perfect partner to support our growth strategy.”, says Jeroen De Wit, co-founder and CEO. “We will keep investing in product innovation and customer success to make Teamleader a thriving platform.”
“The reason we chose to invest in Teamleader is because of the team, the culture, the competence and above all their crystal clear vision and focus on growth”, says Duco Sickinghe, managing partner at Fortino. “In less than five minutes, Jeroen was able to convince us of Teamleader’s potential.”
Teamleader (teamleader.be), headquartered in Belgium, is a software company helping companies manage their data in the cloud. With currently over 1500 paying users, the company has grown exponentially last year and is gearing up for significant expansion. An easy to use, clean interface combined with reasonable pricing and lots of integrations makes Teamleader the perfect solution your business needs. To see how Teamleader works, visit us at http://public.teamleader.be.
Fortino is an investment company, set up by Duco Sickinghe, aiming to support young and ambitious entrepreneurs and companies. Combining strong management backgrounds, extensive global networks and leading success in innovation, Fortino aims to help its portfolio companies accelerate, grow and scale their businesses. Next to investments, Fortino’s core activities include advisory, training and coaching for non portfolio companies. Mr. Sickinghe has held key management positions at companies like HP, NeXT, Wolters-Kluwer and Telenet (a Liberty Global company). Next to Duco Sickinghe, Fortino’s management team includes Renaat Berckmoes and Baudouin Jolly as partners.
Jeroen De Wit