Funding round
Teamshares Growth
Reported as "Growth Equity"
Teamshares, which works in SME business succession services in New York, raised $127M in a Growth round announced on 19 Jun 2026, led by T. Rowe Price Investment Management. 1 firm took part, with 1 individual investor. It is Teamshares' second venture round on record; the one before was a Growth in Aug 2024.
$127M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Teamshares did not disclose a valuation in this round. It came 22 months after Teamshares' Growth. It is 36% of the $352M Teamshares has raised in the venture rounds on record. Teamshares raised again 3 months later: a Series A round of $225M in Sep 2026.
Teamshares' funding rounds
Teamshares has 3 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
T. Rowe Price Investment Management led the round.
Lead investor
- T. Rowe Price Investment Management new investor
Individual investors: certain members of Teamshares management.
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and acquisitions.
- Scaling operations
- Acquisitions
Comparable rounds
How it compares
6 Growth rounds in Business Consulting within a year either side disclosed an amount; the median was $91M, and this round was 1.4 times the median. The closest in time, other companies' Growth rounds in Business Consulting:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Business Consulting | 15 Sep 2026 | $200M | $5.00B | Blackstone |
| Business Consulting | 6 Oct 2026 | $1.24B | not disclosed | not named |
| Business Consulting | 2 Feb 2026 | $100M | not disclosed | Thrive Holdings |
| Business Consulting | 6 Nov 2025 | $82M | not disclosed | Alaris Equity Partners |
| Business Consulting | 17 Sep 2025 | $2.0M | not disclosed | Inoca Capital Partners |
| Business Consulting | 31 Jul 2025 | $1.1M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Teamshares raise in its Growth round?
Teamshares raised $127M in its Growth round, announced in Jun 2026.
Who led Teamshares' Growth round?
T. Rowe Price Investment Management led it.
What was Teamshares' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Business Consulting?
6 Growth rounds in Business Consulting within a year either side disclosed an amount; the median was $91M, and this round was 1.4 times the median.
Did Teamshares raise again after this round?
Yes: a Series A round in Sep 2026 of $225M.