About TEAM Software
TEAM Software is a company based in Omaha (United States) founded in 1989 by Frank Labedz was acquired by WorkWave in September 2021.. TEAM Software has completed 5 acquisitions, including Facility ERP, Inlight Labs and Innovise. TEAM Software operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.
- Headquarter Omaha, United States
- Founders Frank Labedz
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Sectors
TechnologyReal Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Team Financial Management Systems, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
WorkWave
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Facility ERP
& 4 more
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Acquired by
WorkWave
(Sep 14, 2021)
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Funding Insights of TEAM Software
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Private Equity Round - TEAM Software | Valuation | Accel-KKR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TEAM Software
TEAM Software has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include WorkWave and Accel-KKR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Cloud Based software solutions for Field Service and Fleet Management for Pest Control, Cleaning, Lawn and HVAC
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TEAM Software
TEAM Software has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Facility ERP, Inlight Labs and Innovise. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IoT-enabled workforce and asset management is offered for facility operations.
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2014 | ||||
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Contract cleaning software is provided for management companies.
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2009 | ||||
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Cloud-based software for cleaning business management is provided.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TEAM Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Team Software Comparisons
Competitors of TEAM Software
TEAM Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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| domain | founded_year | HQ Location |
Mobile-first quality management and field management solution for construction projects
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Team Software
Frequently Asked Questions about TEAM Software
When was TEAM Software founded?
TEAM Software was founded in 1989 and raised its 1st funding round 29 years after it was founded.
Where is TEAM Software located?
TEAM Software is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Who is the current CEO of TEAM Software?
John Leiferman is the current CEO of TEAM Software.
What does TEAM Software do?
TEAM Software was founded in 1989 and is headquartered in Omaha, United States. Cloud-based ERP and workforce management solutions are provided to contractors in the construction sector. Services include accounting and financial management, operations oversight, reporting and analytics, human resources, payroll processing, time and attendance tracking, bidding, estimation, and compliance handling. Operations focus on streamlining business processes for field service organizations.
Who are the top competitors of TEAM Software?
TEAM Software's top competitors include XYZ Reality, PlanGrid and Powerplay.
How many acquisitions has TEAM Software made?
TEAM Software has made 5 acquisitions, including Facility ERP, Inlight Labs, and Innovise.
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