TEAM Software - About the company
TEAM Software is an acquired company based in Omaha (United States), founded in 1989 by Frank Labedz. It operates as a Cloud based ERP and workforce management software for contractors. TEAM Software has raised an undisclosed amount in funding from Accel-KKR. The company has 682 active competitors, including 76 funded and 74 that have exited. Its top competitors include companies like BuildOps, XYZ Reality and Trunk Tools.
Company Details
Cloud based ERP and workforce management software for contractors. It provides solutions such as accounting and financial management, operations management, reporting, analytics, human resources, payroll management, time, attendance management, bidding, estimation, and compliance management.
- Website
- teamsoftware.com
- Social
- Email ID
- *****@teamsoftware.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1989
Location
Omaha, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
32nd among 682 active competitors
Employee Count
225 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by WorkWave (Sep 14, 2021)
Legal entities associated with TEAM Software
TEAM Software is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEAM FINANCIAL MANAGEMENT SYSTEMS, INC CIN: 262032483 , United States, Active | Dec 31, 1999 | - | 145 (As on Dec 31, 2022) | - |
TEAM Software's acquisition details
TEAM Software got acquired by WorkWave on Sep 14, 2021.
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TEAM Software's funding and investors
TEAM Software has raised funding over 1 round. Its latest funding round was a PE round on Sep 19, 2018 for $*****. 1 investor participated in its latest round. TEAM Software has 1 institutional investor.
Here is the list of recent funding rounds of TEAM Software:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2018 | 3250355 | PE | 2314893 | 9263828 | 1969574 | 5368968 |
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TEAM Software's founders and board of directors
Founder? Claim ProfileThe founders of TEAM Software is Frank Labedz. John Leiferman is the CEO of TEAM Software.
Here are the details of TEAM Software's key team members:
- Frank Labedz: Founder & President of TEAM Software.
- John Leiferman: CEO of TEAM Software. Contact Info: 1 email address
View details of TEAM Software's Founder profiles and Board Members
TEAM Software's employee count trend
TEAM Software has 225 employees as of Aug 26. Here is TEAM Software's employee count trend over the years:
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TEAM Software's Competitors and alternates
Top competitors of TEAM Software include BuildOps, XYZ Reality and Trunk Tools. Here is the list of Top 10 competitors of TEAM Software, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
2nd |  XYZ Reality 2017, London (United Kingdom), Series A | Provider of cloud-based augmented reality software for construction professionals | $34.5M | 64/100 | |
3rd | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 63/100 | |
4th | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 62/100 | ||
5th | PlanGrid 2011, San Francisco (United States), Acquired | Provider of collaboration on web and mobile for field construction | $58M | 62/100 | |
6th | Hyphen Solutions 1998, Addison (United States), Series A | Collaboration and scheduling software for home construction sector | - | 60/100 | |
7th | _1566292981665.png?devicePixelRatio=2&height=30&width=30){kind=logo} Render Networks 2013, Glen Iris (Australia), Acquired | Provider of construction management platform for telecom and utility network infrastructure | $14.3M | 59/100 | |
8th |  RapidWorks 2002, Boston (United States), Series A | Provider of ERP software solutions for heavy equipment job management and dispatching | $3.75M | 59/100 | |
9th |  Miter 2021, San Francisco (United States), Series B | Provider of management software for construction contractors | $38M | 59/100 | |
10th | HCSS 1986, Sugar Land (United States), Acquired | Developer of software for construction project management, estimating, and job costing | - | - | 59/100 |
32nd | TEAM Software 1989, Omaha (United States), Acquired | Cloud based ERP and workforce management software for contractors | - | 48/100 |
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TEAM Software's Investments and acquisitions
TEAM Software has not made any investments yet. TEAM Software has made 5 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 17, 2021 | Acquisition | 2009 | Carlton (Australia) | |
Sep 22, 2020 | Acquisition | 2009 | Hildenborough (United Kingdom) | |
Apr 14, 2020 | Acquisition | 1999 | Louisville (United States) |
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Reports related to TEAM Software
Here is the latest report on TEAM Software's sector:
News related to TEAM Software
•
TEAM Software Launches TEAM Lite to Help Small Cleaning Businesses Streamline Operations and Drive GrowthRad AI•Mar 23, 2022•TEAM Software
•
Business park secures lettings following acquisitionTheBusinessDesk.com•Nov 03, 2021•Bridges Fund Management, KWB, Bulleys, TEAM Software and 1 other
•
Sanctuary Wealth makes strategic investment in InnoVisePrivatebankerinternational•Sep 22, 2021•Sanctuary Wealth, TEAM Software
•
•
TEAM Software Acquires Facility ERP to Strengthen Offering to Australian Cleaning ProvidersMedianet•Feb 17, 2021•TEAM Software, Facility ERP
•
TEAM Software and Templa Join Forces to Strengthen Offerings to the UK and Australian Cleaning MarketsMedianet•Sep 22, 2020•TemplaCMS, TEAM Software
•
U.S.-Based TEAM Software and Innovise Join Forces, Establishing a Global Technology Leader in Cleaning and Security MarketsPR Newswire•Jan 09, 2020•Innovise, TEAM Software
•
TEAM Software Announces Acquisition of Lighthouse Mobile Workforce Management PlatformPR Newswire•May 13, 2019•TEAM Software, Lighthouse
•
TEAM Software Announces Strategic Investment Partnership with Private Equity Firm Accel-KKRPR Newswire•Sep 19, 2018•TEAM Software, Accel-KKR
•
Watermark Risk Management International and TEAM Software Announcebestproductsreview.in•Mar 19, 2018•Watermark, TEAM Software
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