
Teamshares
Teamshares buys small businesses from retiring owners and turns them into employee-owned businesses.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | N/A | Late VC | |
Total Funding | 000k |
USD | 2020 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | 43 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Teamshares.com is a unique platform that facilitates employee ownership of small businesses. The company operates in the small business market, specifically targeting businesses whose owners are looking to retire. Their mission is to redistribute $10 billion of stock wealth to hard-working Americans, thus aiding in the retirement of small business owners.
Teamshares' business model is centered around buying small businesses from retiring owners and gradually transferring ownership to the employees. Initially, 10% of the business's stock is granted to employees, which is then increased to 80% over a span of 20 years. This model is designed to ensure the continuity of the business and prevent job losses that often occur when a business fails to find a buyer.
The company's revenue is likely generated from the profits of the businesses they acquire and manage. They also provide proprietary software, education, and financial products, which could be additional sources of income.
Teamshares' approach not only ensures the financial stability of the employees but also contributes to the local economy by preserving valuable businesses. The company recruits mission-driven presidents to lead the acquired businesses, providing them with intensive training and hands-on experience.
In summary, Teamshares is a platform that promotes employee ownership in small businesses, providing a win-win solution for retiring business owners and their employees. It operates in a niche market, providing a unique solution to a common problem faced by small businesses.
Keywords: Employee Ownership, Small Business, Retirement, Stock Wealth, Business Continuity, Job Preservation, Local Economy, Leadership Recruitment, Business Acquisition, Financial Stability.
Tech stack
Investments by Teamshares
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