Togetherwork Holdings, LLC

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Togetherwork Holdings, LLC - overview

Established

2015

Location

Atlanta, GA-Georgia, US

Primary Industry

Software

About

Togetherwork Holdings, LLC is a US-based provider of mission-critical software and payment solutions aimed at enhancing operational efficiency for community organizations. Founded in 2015 and headquartered in Atlanta, US, Togetherwork Holdings, LLC focuses on delivering essential software services for community organizations. The firm has engaged in 4 deals as of its most recent deal date on July 1, 2024. Neil Platt serves as the CEO, bringing experience from prior ventures in software solutions.


Togetherwork specializes in providing mission-critical software and payment solutions designed to enhance the operational efficiency and engagement of community organizations. Their core product offerings include comprehensive group management technologies that streamline the administrative tasks of various sectors such as associations, camps, faith-based organizations, nonprofits, and pet-care facilities. The innovative member engagement tools offered enable seamless communication, empowering users to foster stronger connections within their communities. Togetherwork’s financial enablement functions simplify the process of collecting fees, dues, and contributions, while extending capabilities for payment processing and operational financing.


The company's solutions cater to a diverse customer base across North America, specifically targeting organizations in urban and suburban markets that require tailored management software and online platforms to meet their unique operational needs. Togetherwork generates revenue through various subscription models tailored to its software offerings, with clients ranging from small studios to larger nonprofit organizations. The transaction structure typically involves annual or monthly subscriptions for access to their group management and member engagement software, alongside additional fees for premium features and customizations. For example, organizations may pay a base subscription fee for standard features, with additional costs incurred for advanced functionalities such as expanded data fields or enhanced communication tools.


Flagship products such as Fonteva and CommunityPass serve as pivotal revenue drivers, facilitating transactions that streamline operational processes for clients while ensuring a steady income for Togetherwork. The company maintains a focus on fostering long-term partnerships with its clients to enhance overall service delivery and operational effectiveness. In July 2024, Park Square Capital invested in Togetherwork Holdings, LLC, although specific financial terms were not disclosed. This investment will enhance the company's efficiency and streamline its operations, supporting current product development initiatives.


Togetherwork plans to launch new products aimed at further optimizing community organization management solutions while expanding its reach into urban and suburban markets across North America.


Current Investors

Park Square Capital, GI Partners

Primary Industry

Software

Sub Industries

Accounting/Finance Software

Website

www.togetherwork.com

Verticals

Cloud Computing, FinTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

Togetherwork Holdings, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPetexec, Inc.-
GrowthCompletedTogetherwork Holdings, LLC-
Add-onCompletedClint Salter Pty Ltd-
Add-on, Trade SaleCompletedAcceptd, Inc.-
Add-onCompletedUnionWare-

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Togetherwork Holdings, LLC - employee data

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