Honored to be #5 in Fast Company's Most Innovative Companies Finance category, for building wealth on Main Street and making employee ownership the future of small business.
Teamshares
Financial Services
Brooklyn, NY 7,206 followers
We are on a mission to make employee ownership the future of small business.
About us
Teamshares Inc. is an employee ownership platform for small business, driven by proprietary software, education, and financial products. Its mission is to create $10 billion of new wealth for employees through stock ownership. The company buys traditional small businesses from retiring owners to make them 80% employee-owned within 20 years, and provides the companies with new leadership, financial education, equity management software, and financial products. Teamshares is the market leader for small business employee ownership, with 90 companies acquired to date. The result is a network of financially durable companies that never have to be sold again—to the benefit of retiring owners, employee owners, companies, and local economies alike. Founded in 2019, the company has 140 employees across the U.S. and Canada.
- Website
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http://www.teamshares.com
External link for Teamshares
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Brooklyn, NY
- Type
- Privately Held
- Founded
- 2019
- Specialties
- financial service, small business, employee ownership, and education technology
Locations
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Primary
Get directions
195 Montague St
Brooklyn, NY 11201, US
Employees at Teamshares
Updates
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Teamshares reposted this
Thank you to Lucinda Shen and Axios for featuring Teamshares’s recent achievements - a $75M closed debt facility with Sound Point Capital Management, LP, four new fintech products, and our path to IPO in the next three years. Committed to scaling employee ownership, we’ve grown to 89 employee-owned small businesses across 31 states, adding 2,500 new employee owners and contributing to narrowing America’s wealth gap. https://lnkd.in/g9eHszcq
Exclusive: QED, Khosla-backed Teamshares aims to IPO by 2027
axios.com
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Thank you to Lucinda Shen and Axios for featuring Teamshares’s recent achievements - a $75M closed debt facility with Sound Point Capital Management, LP, four new fintech products, and our path to IPO in the next three years. Committed to scaling employee ownership, we’ve grown to 89 employee-owned small businesses across 31 states, adding 2,500 new employee owners and contributing to narrowing America’s wealth gap. https://lnkd.in/g9eHszcq
Exclusive: QED, Khosla-backed Teamshares aims to IPO by 2027
axios.com
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Teamshares reposted this
This February, we’re celebrating one year of Employee Ownership! The past year has been one of tremendous growth for our team, and we are so thankful for your support. Our commitment to trying to always do the right thing for people and planet is stronger than ever as employee owners. Stay tuned this month to meet a few of our incredible Employee Owners.
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Thank you to GGV Capital U.S. for naming Teamshares among the Fintech Innovation 50, which recognizes the 50 most promising fintech companies in the eyes of investors. Named as one of only 10 growth-stage companies, our mission is to make employee ownership the future of small business. https://lnkd.in/eJ6fjH3K
Fintech Innovation 50
fintechinnovation50.com
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Teamshares reposted this
Approaching the end of our first full year together as an employee-owned company, I often reflect on this special time leading Stahl through so many exciting developments. This uniquely rewarding experience has been the most meaningful of my career so far, and I look forward to starting another year with our team!
During this year's Holiday Party, our hardworking team had the opportunity to earn tickets which could be entered to win a selection of gifts (mostly purchased from The Home Depot!). A major part of working for an employee-owned company like Stahl is the chance to learn more about our business & feel more directly tied to (and proud of) the results. Whether acing the Business Quiz or competing in various small games, the tickets were flowing and everyone went home with something new. Grateful to be part of the Teamshares network of employee-owned small businesses!
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Over two thirds of small businesses lack a documented succession plan, with approximately 70% of small businesses facing the challenge of not successfully selling or having a clear plan for the future. Our vision is an entirely new succession plan: employee ownership. We envision 10,000 employee-owned businesses and $10B in new stock wealth for our small business shareholders. With a solid 90% close rate, we’ve preserved 89 legacies to date. Join the conversation on reshaping the future of small businesses! 💼 https://lnkd.in/eUXGE-37
Succession planning statistics in 2024: preserving a legacy
teamshares.com