Snap! Mobile Inc. Acquires Sports Fintech Pioneer, Groundwork

Seattle, September 21, 2021 – Snap! Mobile Inc. today announced its acquisition of sports fintech startup Groundwork, a pioneering financial management platform for youth sports. Through the acquisition Snap! Mobile Inc. will expand its product range to be the first integrated fintech solution built specifically to enable high school arts, athletic and youth sports programs to raise, budget, and manage money transparently in one easy to use solution.

Snap! Mobile Inc.’s acquisition of Groundwork comes on the heels of the company’s closure of a $90M Series B round, one of the largest in the high school sports and extracurricular activities space and marks the first acquisition for the company. Snap! Mobile Inc. is the creator of Snap Raise, the nation’s largest digital fundraising platform for high school arts and athletics programs, which serves more than 15,000 unique schools and organizations, and 48,000 teams, groups, and clubs around the country.

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