Cresco assisted Teamleader in the structuring, negotiation and closing of its EUR 18.5 million Series C investment round.
The investment round was led by Keen Ventures(USA), joined by the co-lead investors Fortino Capital and Sage Capital.
Teamleader is known for its SaaS platform for CRM, project management and invoicing.
The company will use the new capital to sustain its international growth and accelerate its product roadmap. This growth will come from increasing the adoption of Teamleader among SMEs, its primary target clientele. An important growth driver will be the Marketplace of the software, which will be further expanded and localized to reach 1.000 integrations.
More information on the transaction can be found here.