TeamFeePay, a Belfast-based sports technology company, has raised £9M in an equity funding round to support expansion into new markets and planned team growth. The funding will be used to scale operations across the UK, Ireland, and Europe.
The round was led by YFM Equity Partners and the Investment Fund for Northern Ireland, managed by Clarendon Fund Managers, with additional participation from Techstart and a group of private investors.
Built by coaches to reduce administrative burden
TeamFeePay was founded in 2021 by Liam McStravick, drawing on more than two decades of grassroots coaching experience at clubs including Cliftonville, Linfield, and Ballyclare Comrades. The company was created to address the administrative workload faced by coaches, particularly around managing player fees and day-to-day club operations.
The platform is designed to keep clubs organised while allowing coaches to spend more time on coaching rather than administration.
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Managing clubs beyond the pitch
TeamFeePay’s software helps grassroots football clubs manage fixtures, training sessions, events, attendance, and a wide range of administrative tasks. By centralising these functions, the platform aims to improve operational efficiency and financial sustainability for clubs at the community level.
The company positions its product as a practical tool for modernising how grassroots football organisations operate.
Expansion plans and hiring
According to the company, the new funding will support further geographic expansion, continued product development, and increased on-the-ground presence across key markets. TeamFeePay plans to grow its workforce significantly, with up to 75 new roles expected over the next two years across sales, marketing, and product development functions.
TeamFeePay says the investment strengthens its ability to support grassroots clubs as they adopt more digital tools to manage and grow their organisations efficiently.
