Teamfront, an Austin, TX-based provider of business management software, payments solutions, and services, received a Growth investment from Mainsail Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to strengthen its market presence through organic growth and strategic acquisitions to broaden its business lines across multiple verticals.
Founded in 2023 by CEO Cameron Darby, in collaboration with Mainsail Partners, Teamfront is a provider of business management software, payments solutions, and services with diverse business lines including over 3,000 customers and $2.2 billion in invoicing volume. Its comprehensive solutions automate fundamental back-office tasks, streamline and optimize payments, drive growth through marketing websites and services, and boost loyalty through effective customer communications. Teamfront has acquired four businesses to-date, including ArborGold (business management software for the tree care and arbor industry), ServiceMonster (business management software for the carpet cleaning and window washing industries), Fieldster (business management software for the pest control industry) and Accrisoft (Teamfront’s modern digital marketing product offering).
FinSMEs
09/02/2024