Teamleader, a Ghent, Belgium-based provider of a SaaS platform for CRM, project management and invoicing, closed a Series C funding round of $22m (€18.5M).
The round was led by new investor Keen Venture Partners with participation from existing investor Fortino Capital and Sage Capital, and new investor PMV.
The company, which has raised €32.5m to date, will use the new capital to expand internationally, double in size product & engineering teams to advance its product roadmap, increase adoption of Teamleader among SMEs, its primary target clientele, and add new apps to Marketplace to reach 1.000 integrations.
Founded 6 years ago by CEO Jeroen De Wit, and co-founder Mathias De Loore, Teamleader provides a cloud-based SaaS service for CRM and sales, project management, time tracking, and invoicing. It streamlines the entire process from lead to cash.
Today, the company serves nearly 10,000 customers in 6 countries, mostly small and medium-sized enterprises.