Togetherwork

Togetherwork

Integrated software and financial solutions for communities

About Togetherwork

Simplify's Rating
Why Togetherwork is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Fintech

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Columbus, Ohio

Founded

2015

Overview

Togetherwork provides integrated software and financial solutions designed for community-based organizations such as associations, membership groups, studios, pet care services, educational programs, and camps. The company offers a software-as-a-service (SaaS) platform that includes management software, communication tools, and online platforms to help these organizations streamline their operations and improve efficiency. Togetherwork's tools assist with tasks like fee collection, payment processing, and financial management, allowing organizations to focus on their community engagement. Unlike many competitors, Togetherwork specifically targets community-focused organizations, providing tailored solutions that empower them to enhance member engagement and achieve better financial control. The company's goal is to leverage community connections to foster collective growth and success, ensuring that organizations have the resources they need to thrive.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Strategic investments from Park Square Capital boost Togetherwork's growth potential.
  • Acquisitions like Petexec expand Togetherwork's reach in niche markets.
  • Rising demand for digital payment solutions benefits Togetherwork's offerings.

What critics are saying

  • Increased competition in the SaaS market may erode Togetherwork's market share.
  • Integration challenges from acquisitions could lead to operational inefficiencies.
  • Dependence on strategic investors poses financial risks if support is withdrawn.

What makes Togetherwork unique

  • Togetherwork offers integrated software and financial solutions for community-based organizations.
  • The company specializes in niche markets like pet care and dance studios.
  • Togetherwork's SaaS model streamlines operations and enhances community engagement.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Pet Insurance

Wellness Program

Mental Health Support

Employee Assistance Program

Growth & Insights and Company News

Headcount

6 month growth

13%

1 year growth

13%

2 year growth

13%
Digital Transactions
Dec 20th, 2024
GiveCard's Prepaid Role in Guaranteed Income program and other Digital Transactions News briefs from 12/20/24

Togetherwork, a payments provider specializing in pet-care businesses, has acquired Petexec, a software provider for the same market.

Finsmes
Jul 2nd, 2024
Togetherwork Receives Strategic Investment from Park Square Capital

Togetherwork, an Atlanta, GA-based provider of software and payment solutions to groups and organizations, received an investment from Park Square Capital.

Morningstar
Jul 1st, 2024
Togetherwork to Accelerate Growth with Strategic Investment from Park Square Capital and Continued Support from GI Partners

Park Square Capital joins GI Partners in backing leading integrated software and payments platform to fuel next chapter of growth

PR Newswire
Jul 1st, 2024
Togetherwork To Accelerate Growth With Strategic Investment From Park Square Capital And Continued Support From Gi Partners

Park Square Capital joins GI Partners in backing leading integrated software and payments platform to fuel next chapter of growthATLANTA, July 1, 2024 /PRNewswire/ -- Togetherwork, a leading provider of mission-critical, integrated software and payment solutions to groups and organizations, announced today that Park Square Capital ("Park Square") has made a significant minority investment in the company, joining GI Partners as investors. This investment will support Togetherwork in building its comprehensive group management, member engagement, and financial solutions that enable organizations across multiple verticals to grow revenue, streamline operations, increase efficiency, and build stronger communities."Togetherwork's mission is to help the communities we serve thrive, prosper, and grow. Our comprehensive suite of integrated software and payments solutions enable this for our customers," said Neil Platt, Chief Executive Officer of Togetherwork. "Growing membership and revenue, streamlining operations, enhancing communications, and simplifying payments are core to what we do and to the communities we serve. We have a great partnership with GI Partners and will continue to rely upon their guidance, and with the addition of Park Square, one of the world's leading investors in high-quality companies for over two decades. We look forward to furthering our aspirations and enhancing our abilities as we begin the next leg of our journey."Martino Ghezzi and Adam Kornbluh, Partners at Park Square, commented, "Togetherwork is the type of high-quality company which we like to partner with: it's a defensible, market-leading software provider with a significant runway for continued growth

MRWeb
Jan 18th, 2023
Daily Research News Online no. 34452

In the US, cultural intelligence company Collage Group has hired Pat McGlynn for its newly created role of Chief Revenue Officer (CRO), tasked with overseeing company-wide commercial functions and accelerating growth.

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