TeamPages, a Vancouver-based online social network for student and recreational athletics, has raised an undisclosed amount of second-round funding. Backers include Burda Digital Ventures, W Media Ventures and individual angels like Ralph Turfus.
TeamPages, (www.teampages.com), the online social network assisting coaches, parents, and athletes to organize their teams and athletes, has proven that its success isn’t just beginner’s luck. TeamPages announced today that it has completed its second round of financing led by Burda Digital Ventures, W Media Ventures, and local angel investors, including Ralph Turfus, founder and past CEO of Class Software Solutions (acquired by Active Network, 2004).
“Since our first round of financing, we have been listening closely to our community and heads down improving the product and making it easier to use. And it has really paid off. We are seeing upwards of 1200-1400 teams registering each month with this number steadily climbing as the busy spring sport season is approaching,” says Mike Tan, founder and CEO of TeamPages. “We are really excited about this round of financing. Not only will it help us continue to improve our platform and bring on more teams, but it has added a some really smart investors to our team as well.”
The success of TeamPages has been recognized by more than just its investors. TeamPages were recently showcased on CBC’s Fortune Hunters, which profiles entrepreneurs behind hot moneymaking trends.
With this new injection of financing, Tan and his team will further develop its newly launched League and Club Management software and expand into larger youth sport associations, leagues, and clubs across North America. “Our vision is to provide national, state, and provincial sports associations with their own social network similar Facebook to track game and player statistics, communicate with members, and earn revenue for their league from advertising and sponsorships,” explains Tan.
Last month, TeamPages celebrated having its 10,000th team join its community. Users include organizations like the Manhattan Beach Little League (http://www.mbll.org), one of the largest Little League Associations in America and intramural programs at the University of Victoria, and the University of Oregon.
“With this round of investment, we’re now able to really step up our game and start playing in the big leagues. We can’t wait to show the world what we got in store for them!” adds a confident Tan.
TeamPages is a online social network for parents, coaches, and athletes of sports teams that helps them keep up to date with the team’s schedule of games and events. TeamPages is kid-safe site that provides a central online location for teams and athletes to post and share their athletic information such as schedules, announcements, contact information, scores, and photos.
About Burda Digital Ventures
Burda Digital Ventures is the venture capital arm of Hubert Burda Media, one of Germany’s largest media companies. Together with local Internet entrepreneur and investor Boris Wertz, Burda Digital Ventures plans to expand its investment activities in the Pacific North West by focusing on Consumer Internet opportunities. Current investments in this region include among others Victoria’s AbeBooks Inc. (acquired by Amazon, August 2008) and Vancouver-based Suite101.com.