Team.Blue
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Team.Blue - overview
Established
2019
Location
Ghent, -, Belgium
Primary Industry
Outsourcing
About
Headquartered in Gent, Belgium, Team. Blue provides comprehensive IT services aimed at empowering small and medium-sized businesses with digital solutions across Europe. Founded in 2019 in Gent, Belgium, Team. Blue specializes in digital solutions for small and medium-sized businesses.
The company has engaged in 4 deals, with the most recent being a LP Direct, Trade Sale round which raised EUR 550. 00 mn from CPP Investment Board, bringing the total amount raised to EUR 550. 00 mn. Team.
Blue operates as a comprehensive digital solutions provider targeting small and medium-sized businesses (SMBs) throughout Europe. Their core offerings include a suite of best-in-class tools designed to facilitate online success, such as domain registration, website creation, e-commerce solutions, and marketing tools. These services support entrepreneurs from the inception of their online presence through to customer acquisition and business growth. The company's ecosystem encompasses over 60 distinct brands that collectively serve a client base of approximately 3.
3 million SMB customers across 22 countries, including key markets in Western Europe, such as the Netherlands, Germany, France, and the United Kingdom. By uniting various digital tools and services, Team. Blue aims to simplify the complexities of establishing and managing an online business. In the most recent year, Team.
Blue reported a revenue of EUR 5,719,609 for FY2021. The company also reported an EBITDA of EUR -7,230,978. Their business model primarily relies on subscription-based services and transactional offerings, catering to both B2B and direct-to-consumer segments. On July 22, 2024, Team.
Blue secured investment from Sofina, with the terms undisclosed. This investment aims to facilitate the company's next phase of growth as well as its regional expansion strategy. The company plans to launch new products designed to enhance its digital services portfolio and aims to expand into new geographic regions, although specific markets and timelines have not been detailed.
Current Investors
Hg, Sofina
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, Website Hosting, Email, IT Infrastructure
Website
www.team.blue
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
Team.Blue - timeline of key events
Team.Blue - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 2,877,396 | 4,834,860 | - | - | - | - |
| % Revenue Growth (YoY) | - | - | 68.0% | - | - | - | - |
| EBITDA (USD) | (10,669,568) | (173,625) | (1,014,061) | (6,861,820) | - | - | - |
| Operating Income (USD) | (10,672,326) | (196,065) | (1,053,761) | (6,917,875) | - | - | - |
| Operating Margin | - | (6.8%) | (21.8%) | - | - | - | - |
| % EBITDA Margin | - | (6.0%) | (21.0%) | - | - | - | - |
| NET Income (USD) | (31,362,149) | (14,346,092) | (10,114,258) | (17,881,748) | - | - | - |
| % Net Margin | - | (498.6%) | (209.2%) | - | - | - | - |
Team.Blue - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Macaly | - | ||||||||
| Add-on | Completed | B2Brouter Global S.L. | - | ||||||||
| Add-on | Completed | Shoptet, a.s. | - | ||||||||
| Add-on, Trade Sale | Completed | Woomio ApS | - | ||||||||
| Add-on | Completed | AccessiWay S.r.l. | - |
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Team.Blue - employee data
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