Amateur sport is a cornerstone of fitness in North America with millions of children and adults involved in leagues from soccer to swimming, creating life-long memories and friendships while supporting long-term health objectives. All of this, results in a massive year-round schedule of games, tournaments and championships which administrators and organizers struggle to stay on top of a myriad of factors from facility and field availability, coaching and referees, to player stats.
TSI Sports, a pre-IPO venture based out of Quebec, Canada, has stepped forward to provide the administrative and logistical support necessary to seamlessly execute league and tournament play schedules on an effective and cost-efficient online platform that can be easily accessed on a multitude of devices whether at home, at the office or on the go.
Administrators and organizers have 14 management offerings to choose from which include easy-to-use tools for league administration, scheduling, referee assignment, coaching programs, user registration, tournament management, and player and team statistics in a real time environment with the company’s innovative, proprietary, in-house developed software suite.
TSI Sports has already begun to prove itself and since its inception back in 2003, it has built a significant client user base of some 10,000 member teams and 400,000 users across a wide-range of sports, geographic locations and requirements. It has solidified its position as leader in the rapidly emerging sector of online team management with existing revenue, projected 15% annual growth in Canada and an incredibly high 80% margin on subscription fees.
With over twenty years of expert experience in finance, sport and technology, the management team, led by top venture capitalist, Sandor Miklos, is strong, focused and committed to growing TSI Sports from start-up success story to international dominance with near-term plans of exploiting a largely untapped American market, which according to a survey in 2005, has an average of 1.0 million amateur players participating in soccer, 3.0 million in basketball and just over 2.0 million in swimming.
TSI Sports intends to facilitate this southward expansion with a $2.0 million round of private equity financing before it commences a push toward the public markets by Q4 2015. With accredited investors scrambling to get on board before the IPO push and management’s clearly stated objective of enticing a takeover within 3-5 years, TSI Sports is one to keep your eye on.
The company is currently running a campaign on Fundable.com, you can check out this unique investment opportunity here.