Torstar-backed sports management software provider TeamSnap has welcomed back Foundry Group and added Fairfax Financial Holdings to its shareholders.
TeamSnap, a US-based sports club management software producer backed by media company Torstar, secured $25m on Tuesday in a funding round led by venture capital firm Foundry Group.
Foundry Group, which invested through its $500m Next fund, was joined by Fairfax Financial Holdings, the financial services firm that owns smartphone manufacturer Blackberry.
Established in 2009, TeamSnap has created a platform that facilitates the management of sports teams, clubs and leagues. The tool enables communication between coaches, administrators, players and families,…