General Ledger Accountant, Teamshares
Creating employee-owned small businesses
Open for applications
Creating employee-owned small businesses
101-200 employees
Open for applications
101-200 employees
Company mission
Teamshares is on a mission to put $10 billion of wealth in the hands of hardworking Americans.
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Company mission
Teamshares is on a mission to put $10 billion of wealth in the hands of hardworking Americans.
31% employee growth in 12 months
Our take
Small, local businesses often live and die with the careers of their founders. Few of these business are bought when founders retire, leaving holes in communities and owners without the retirement payout they deserve. That’s where Teamshares steps in, by buying small business as their owners retire, and then returning them to employee ownership.
Teamshares has developed its own software that not only assists with the employee buyout transaction, but also covers general operations, financial advice and assistance as the employees gain ownership of the companies. It’s a model that puts long-standing workers first - an approach that has gained the company plenty of positive attention.
Teamshares has certainly found its niche by supporting participatory capitalism, in which companies can continue operations owned by those with the greatest interest and know-how to do so. So far, it has brought employee ownership to more than 80 small businesses, creating over 2000 new employee-owners. Additionally, in 2024 it announced a cumulative $225 million in debt financing, which will support further scaling efforts and accelerate product development.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Remote-first
- Location-independent salary
- Comprehensive health coverage, 100% paid for by Teamshares
- Parental leave - 3 months for partners, +3 additional months for a delivering parent
- Retreats & offsites - We come together twice a year at great locations
- Building Wednesday - No internal meetings on Wednesdays so you can focus on deep work
- Remote office stipend
Company values
- Trust comes first: Without the trust of our customers and colleagues we have nothing
- Take initiative: Don't wait. Just do. We've got your back
- Show empathy: Understand your colleagues, our customers and our stakeholders' needs. Act accordingly
- Make things better: Look with fresh eyes and find ways to continually improve our business
- Act thoughtfully: Being right doesn't matter. How you think does
- Be dependable: Do what you say you're going to do. Do the right thing. Be unflappable
Funding (last 2 of 5 rounds)
Aug 2023
$124m
SERIES D
Nov 2021
$90m
SERIES C
Total funding: $220.3m
This company has top investors
Leadership
Michael Brown
(Co-founder)Previously worked as an Investment Banker Analyst and Research Associate in Areospace and Defence at Morgan Stanley. They were also a Director at Perella Weinberg Partners, and are still employed as a Director at All Type Electric, and Partner at Coles Bay Group.
Alex Eu
(Co-founder)Alongside Teamshares, they are a Director at All Type Electric, a Partner at Coles Bay Group and a Part Owner of Libero Sports. They were previously Co-president of Multin Electric and a member of the Investment Team at TCG.
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