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TeamSnap Experiences Another Year Of Unprecedented Growth in 2023

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Sports Tech Leader Closed out a Year of Rapid Growth With Another Major Acquisition

CHICAGO, Feb. 15, 2024 /PRNewswire/ — TeamSnap, the leading provider of sports management software and the online community for everything youth sports, experienced another year of rapid growth in 2023 as a result of the company’s investments and dedication to delivering the best solutions for its customers and partners, marked by significant achievements including the acquisition of MOJO Sports.  

“Our growth is a testament to the hard work and dedication of our team’s commitment to the pursuit of excellence and creating a seamless experience for all users,” said Peter Frintzilas, CEO of TeamSnap. “Over the past two and a half years we have set the pace of growth in our industry, having made significant investments into the platform and more than doubling our revenue as a result. As we celebrate this milestone, we remain focused on our mission to continue providing value to our customers and we look forward to scaling to new heights in the coming years.”

Key Growth Achievements for TeamSnap in 2023

Acquisition of MOJO Sports: TeamSnap acquired MOJO Sports (MOJO) in Q4, redefining the relationship between youth sports and technology. The integration of MOJO into the TeamSnap ecosystem expands access to the MOJO video library of coaching content, games stats, drills, and session-by-session support for youth coaches, and parents as well as robust interactive multimedia tools, including live streaming for families and fans to engage on and off the field.

Market Expansion: In 2023, the TeamSnap platform experienced unprecedented engagement, surpassing 1 billion active user sessions and 26 million events scheduled throughout the year. On average, the platform supported 204,000 active teams per month, with a strong community of 4.2 million monthly active users (MAUs).

“The combination of our team’s experience and operating playbooks, with the distribution power of the TeamSnap platform, is creating a unique multi-sided platform model across our connected B2C and B2B offerings,” said Andrew Rueff, Executive Chairman of TeamSnap and Operating Partner at Waud Capital. “2023 was another banner year across all primary metrics in the business, and we are excited about the pace of growth and value we are bringing to the youth sports community.” 

The Rebrand of Three Business Lines: TeamSnap for Business, TeamSnap for Brands, and TeamSnap for Teams launched simultaneously in Q2, leading to three categories of organized business lines for enhanced customer experiences. Since mid-2021, TeamSnap experienced 40%+ annualized bookings growth of TeamSnap for Business and TeamSnap for Brands.  

TeamSnap for Business: A next-generation solution for sports organizations, TeamSnap for Business provides a suite of integrated tools built to help sports organizations support and grow programs for families and athletes. TeamSnap for Teams: TeamSnap for Teams is designed to simplify the administrative tasks involved in managing a sports team. The platform offers web and mobile applications designed to give coaches, administrators, players, and parents an easy-to-use management solution for activities, communication and logistics. TeamSnap for Brands: TeamSnap for Brands is the industry leading youth sports marketing platform and the only marketing solution that allows brands to reach over 25 million youth sports parents through digital media, and 11 million families with on-field sponsorships at both a local and national scale. Brands like e.l.f. SKIN and Toyota Motor North America utilized TeamSnap for Brands’ innovative suite of products to engage with youth sports families in 2023.

Launch of TeamSnap Registration: In 2023 TeamSnap launched its new registration platform, exclusively integrated within TeamSnap for Business, which offers club and program organizers everything they need to register players and staff, collect fees, and ensure all forms and documents are completed in a flexible, easy-to-use interface.  

Technology Partnerships: TeamSnap partnered with Accelerist, the leader in social impact partnership technology, to launch the TeamSnap Fundraising Hub. This new tool eases the stressors of fundraising by allowing teams to kick-off crowdfunding campaigns from within the TeamSnap app. Additionally, TeamSnap partnered with Squadlocker, the leading custom team apparel software and fulfillment service, culminating in the launch of Team Stores, a custom ready-to-shop store for every new team created through TeamSnap.

TeamSnap Sponsorship and Impact: The company also saw a record year with its sponsorship offerings. Over $3.1 million was given back to the community from brand partners across nearly 2,100 sponsorships – impacting 1,300+ unique sports organizations and 2.2 million players across the country. 

In conjunction, TeamSnap Impact supported over 16,000 youth athletes through partnerships with the Aspen Institute, Positive Coaching Alliance, RCX Sports, and others, further contributing to TeamSnap’s core initiative of enhancing the lives of kids by enabling participation in sport.

About TeamSnap
TeamSnap is home to the largest online community for everything youth sports. It is consistently rated the No. 1 sports management platform by its loyal audience of more than 25 million youth sports coaches, administrators, players and parents and over 19,000 sports organizations—across more than 100 different types of sports and activities. The leading sports-tech company offers brands innovative new ways to connect with passionate youth sports audiences from across the globe, while offering sponsorship opportunities that impact the lives of millions of youth athletes each year and also provide much needed funding to thousands of youth sports organizations. It is currently in high-growth mode, expanding its footprint toward becoming THE platform and marketplace for all things youth sports.

TeamSnap Impact is the company’s initiative aimed at enhancing the lives of kids by creating a world where youth sports programs are accessible and equitable for all.

For more information, visit the TeamSnap website, and follow the company on Instagram, LinkedIn and Twitter.

Media Contact for TeamSnap:
Alexandra Shafer
JConnelly
973.934.5100
teamsnap@jconnelly.com 

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SOURCE TeamSnap

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Doo Group Strengthens Global Reach with CySEC License for Doo Financial

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LIMASSOL, Cyprus , Nov. 15, 2024 /PRNewswire/ — Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally.

Expanding Regulatory Reach

The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to ensuring compliance with international regulatory standards and prioritizing client security. As a European Supervisory Authority, CySEC offers a robust regulatory environment and is expected to enhance client confidence. For Doo Group, this new regulatory milestone reinforces its reputation as a trusted, reliable financial services provider.

“Acquiring the new license from CySEC is a significant milestone for Doo Financial, marking a key step in our ongoing growth and strategic expansion. This achievement not only reinforces our commitment to maintaining the highest standards of regulatory excellence but also solidifies our position as a trusted, reliable financial institution within Europe. By aligning with CySEC’s rigorous requirements, we are better positioned to offer enhanced services to our clients, foster greater transparency, and ensure long-term stability in an increasingly complex and dynamic financial landscape.” Costas Kappai, Doo Financial EU

Strengthening Client Confidence

Doo Financial EU, the European branch of Doo Financial, is now positioned to serve clients across Europe under the guidelines of a European Supervisory Authority. European clients will benefit from CySEC’s regulatory protections, including client fund safety and transparent business practices, ensuring a secure and trustworthy trading experience. This development allows Doo Financial EU to offer its suite of financial services and trading products to a wider audience, backed by the credibility and oversight of CySEC.

By expanding its regulatory reach, Doo Group continues to strengthen its position in the global financial market, enabling clients to trade with confidence. The CySEC license is another step toward achieving Doo Group’s vision of becoming a leader in financial services.

About Doo Group

Founded in 2014 and headquartered in Singapore, Doo Group is an international financial services provider with a focus on FinTech. With operations across 10 major business lines—including Brokerage, Wealth Management, Payments, and Digital Marketing—we are dedicated to delivering comprehensive financial solutions that empower our clients to explore a better future.

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Liberty General Insurance Continues to Drive Insurance Awareness and Inclusion with ‘Suraksha ka Vaada Bima ke Saath’ Initiative Across Delhi and Punjab

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NEW DELHI, Nov. 15, 2024 /PRNewswire/ — Liberty General Insurance, one of the leading non-life insurance companies in India and the lead insurer for Delhi under the Insurance Regulatory and Development Authority of India’s (IRDAI) State Insurance Plan, is spearheading an insurance awareness initiative in Delhi. While there are no gram panchayats in Delhi, Liberty continues to drive insurance awareness through grassroots and digital outreach.

In parallel, Liberty is fulfilling its rural and social obligations by focusing on underserved areas in Punjab. This effort includes a recently initiated awareness campaign across 400 gram panchayats in Punjab to expand insurance penetration and increase accessibility in these regions.

In Delhi, Liberty continues to create awareness under ‘Suraksha ka Vaada Bima ke Saath’ initiative launched in 2023. This October Liberty began with a Door-to-Door Campaign across North-West and North East Delhi, reaching over 1600 households in Karala Village, Budh Vihar, Kanjawala Village and Begumpur, Burari, Kanhiya Nagar, Rampura, and Jahangirpuri, achieving over 25000 impressions. Over nearly a month, Liberty’s teams engaged with residents, distributing leaflets and explaining the benefits of motor and health insurance. This campaign was followed by the ‘Nukkad Natak’ (Street Play) initiative in South Delhi, targeting key neighborhoods of Sarojini Nagar, Lajpat Nagar, Nirman Vihar, Lakshmi Nagar, and Begumpur chowk market. The street plays used interactive performances to educate communities on the importance of insurance and dispel common myths. To reinforce the message, Liberty’s team also disseminated copies of the ‘Wise Ways of Insurance’ booklet—a unique resource developed to demystify insurance products and promote informed decision-making. The booklet, which is being translated into vernacular languages, is also being distributed in other states as part of Liberty’s commitment to financial literacy across India.

Complementing its on-ground efforts, Liberty General Insurance continues to leverage social media to drive targeted insurance awareness campaigns. Recognizing that widespread mobile access allows more people to connect online, Liberty reaches both rural and urban audiences, empowering individuals everywhere with the knowledge needed to make informed financial decisions.

Commenting on this awareness drive, Mr. Parag Ved, CEO & Whole-Time Director, Liberty General Insurance said, “Our ‘Suraksha ka Vaada Bima ke Saath’ campaign is an effort in line with IRDAI’s ‘Insurance for All by 2047’ vision, towards empowering communities across Delhi, Punjab, and beyond with the financial security that insurance provides. With general insurance penetration in India still at less than 1% of its GDP, there is a pressing need to educate communities and break down the barriers to understanding the importance of insurance. Liberty will ensure that its wide distribution network makes policies accessible to all, so that every citizen—no matter where they are—can access the financial safety net that insurance offers.”

“Liberty is committed to fostering a culture of financial resilience where every Indian can feel secure about their future. Together, we are building a future where insurance isn’t just a product but a promise of protection and peace of mind,Mr. Ved added.

Looking ahead, Liberty will be rolling out a transit media campaign across South Delhi in December, utilizing branded auto rickshaws to increase visibility and connect with residents in this vibrant area of the capital. By leveraging transit media, Liberty aims to bring insurance awareness into people’s daily routines, making information accessible in familiar, everyday settings. This campaign builds on the success of previous awareness initiatives and reinforces Liberty’s commitment to educating and empowering individuals about insurance.

About Liberty General Insurance

Liberty General Insurance Ltd. (LGI) is a joint venture between Summit Asia Investment Holdings PTE Ltd.— a group company of Liberty Mutual Insurance Group, a diversified global insurer with over 900 offices across the world, headquartered in the U.S., Enam Securities, and Diamond Dealtrade. LGI commenced operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1100+ with presence across 100+ locations in 28 states and UTs. Its partner network consists of about 6000+ hospitals and more than 5000 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, engineering insurance, marine insurance, liability insurance and property insurance among other products in India.

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Hikvision unveils WonderHub and elevates smart collaboration across industries

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HANGZHOU, China, Nov. 15, 2024 /CNW/ — Hikvision unveiled its fully upgraded smart collaboration business. The event showcased a range of innovative products designed to transform collaboration in education, meetings, retail, and more. Among the highlights were cutting-edge solutions like WonderHub interactive displays, digital signage, and video conference devices. These products underscore Hikvision’s commitment to driving digital transformation and enhancing user experiences in an increasingly connected world.

At the heart of this ecosystem is WonderHub, which features WonderOS, an AI-powered platform that seamlessly connects devices and enhances collaboration. With tools like WonderSpark for interactive whiteboards and WonderCast for wireless content sharing, WonderHub enables users to communicate, create, and collaborate more effectively than ever.

Boosting Classroom Engagement with Innovative Solutions

In education, WonderHub is designed to elevate classroom experiences. The interactive displays enable students to share and express ideas effortlessly, creating a more engaging and dynamic learning environment. The built-in WonderSpark smart whiteboard software uses AI to recognize equations, provide solutions, and generate interactive 3D teaching materials across subjects like mathematics, chemistry, and natural sciences. Teachers can also access licensed images and videos through Creative Commons integration, enriching lesson content and boosting student engagement.

Classrooms equipped with WonderHub also benefit from multi-window modes and a suite of 19 educational tools. These include subject-specific templates and interactive applications. For remote learning, WonderHub integrates seamlessly with third-party conferencing platforms, allowing students to collaborate in real-time, no matter their location.

Empowering Business Meetings with Intelligent Features

Hikvision’s smart collaboration solutions transform business meetings into more efficient and immersive experiences. The WonderHub Ultra Series allows users to easily connect personal devices and leverage the interactive display’s camera, speakers, and microphone for high-quality remote conferencing. The HiSpire meeting management system streamlines meeting logistics, including room scheduling, attendee notifications, post-meeting summaries, and distribution of materials.

Advanced AI features, such as auto-framing and speaker tracking, ensure optimal video quality. Meanwhile, app-free screen casting allows for easy sharing of presentation materials. The X12 and X28 audio-video cameras offer enterprises tailored setups to suit meeting rooms of any size, ensuring seamless communication with high-definition video and precise audio capture.

Transforming Retail Spaces with Dynamic Digital Signage

Hikvision has also advanced its digital signage solutions to enhance customer engagement in retail scenarios. The vibrant displays and centralized content management allow retailers to effectively capture attention. High-brightness window displays attract passersby with promotions and new product highlights. Meanwhile, floor-standing signage supports interactive features, such as self-service ordering. The HikCentral FocSign platform enables retailers to remotely manage and distribute content across multiple locations, improving operational efficiency and ensuring consistent branding.

These digital signage solutions, including the DP and DL series, boast superior brightness and clarity, ensuring visibility even in strong lighting conditions. The displays run on Hikvision’s self-developed platform and support WonderCast wireless casting, enabling quick and easy content sharing from various devices.

Since entering the smart collaboration market in 2017, Hikvision has rapidly become a leading global player. With over 300,000 units sold across more than 140 countries and regions, Hikvision’s smart collaboration business exemplifies the company’s commitment to innovation, quality, and user-centric design. As a key highlight of this evolution, the fully upgraded WonderHub represents the next leap forward in smart collaboration technology.

By bridging advanced technology with practical applications, WonderHub, along with Hikvision’s broader range of smart collaboration solutions, is leading the way in providing more efficient and intelligent solutions for users worldwide.

For more information about Hikvision’s smart collaboration products and solutions, please visit Hikvision’s official website.

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SOURCE Hikvision Digital Technology

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