How Much Did First Team Raise?
Funding & Key Investors

First Team, a prominent manufacturer of professional-grade athletic infrastructure, has successfully secured a major strategic investment to bolster its market position. This latest financing round, totaling $150K, underscores the company's enduring commitment to high-quality, domestic manufacturing. With a cumulative capital intake reaching $150K, the firm is well-positioned to scale its operations and enhance its distribution capabilities across the residential and institutional sports equipment sectors.

What is First Team?

First Team
ManufacturingSporting Goods

Established in 1996 and headquartered in Hutchinson, Kansas, First Team has carved out a significant niche in the sports equipment industry. The company specializes in the production of durable, professional-grade gear for a diverse array of sports, including basketball, soccer, volleyball, football, lacrosse, and tennis. By maintaining a robust dealer network and emphasizing American-made quality, First Team serves both residential consumers and large-scale institutional clients. Their business model is anchored by a dedication to personalized support, professional installation services, and a rigorous 100% satisfaction guarantee, which has solidified their reputation as a reliable partner in the athletic infrastructure market.

How much funding has First Team raised?

First Team has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in First Team

PPP

Public-Private Partnership

What's next for First Team?

The infusion of capital marks a pivotal moment for First Team as it transitions into a more aggressive growth phase. With the support of this recent financing, the company is expected to optimize its manufacturing processes and potentially expand its product portfolio to meet the evolving demands of the institutional sports sector. Strategic priorities likely include strengthening supply chain resilience and leveraging their established dealer network to capture additional market share. As the firm continues to prioritize its 'Made in the USA' value proposition, this late-stage backing provides the necessary liquidity to sustain long-term operational excellence and competitive differentiation in a fragmented global market.

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Frequently Asked Questions Regarding First Team Financial Insights

What are the most recent funding rounds that First Team has completed, and what were the funding rounds?
First Team has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding First Team has raised to date?
First Team has raised a total of $150K in funding to date.
How many funding rounds has First Team completed?
First Team has completed 1 funding rounds.
How much funding did First Team raise in its most recent funding round?
First Team raised $150K in its most recent funding round.
Who are the lead investors in First Team's latest funding round?
The lead investor in First Team's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in First Team's history?
The largest funding round in First Team's history was $150K.
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