What is SquadLocker?
Founded in 2002 and headquartered in Warwick, Rhode Island, SquadLocker is a technology-driven company that streamlines the process of purchasing and personalizing merchandise and gear for teams and leagues. The platform simplifies uniform and apparel procurement, offering a centralized solution for organizations to manage their branded items, thereby enhancing operational efficiency and brand consistency.
How much funding has SquadLocker raised?
SquadLocker has raised a total of $35.4M across 6 funding rounds:
Private Equity
$1.8M
Private Equity
$4M
Series B
$7M
Series C
$20M
Debt
$1M
Debt
$1.6M
Private Equity (2015): $1.8M, investors not publicly disclosed
Private Equity (2017): $4M, investors not publicly disclosed
Series B (2017): $7M supported by Causeway Media Partners
Series C (2020): $20M featuring Jim Lombardi, Causeway Media Partners L.P, and ABS Capital Partners Inc
Debt (2020): $1M backed by PPP
Debt (2021): $1.6M with participation from PPP
Key Investors in SquadLocker
Causeway Media Partners
Causeway Media Partners is a venture capital firm that typically invests in media and technology companies. Their involvement suggests a belief in SquadLocker's technology and market disruption potential.
ABS Capital Partners Inc
ABS Capital Partners is a private equity firm focused on investing in established, growing companies. Their participation indicates a strategic interest in SquadLocker's proven business model and expansion opportunities.
Jim Lombardi
As an individual investor, Jim Lombardi's backing may represent strategic expertise or a personal investment in SquadLocker's vision and market position.
What's next for SquadLocker?
The recent major strategic investment signals a pivotal growth phase for SquadLocker. This capital infusion is expected to fuel further expansion of its platform capabilities, enhance its market reach, and potentially drive new product development. The company is well-positioned to leverage this backing to solidify its leadership in the team and league apparel sector, focusing on scalable solutions for enterprise clients.
See full SquadLocker company page
