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YourTeam Online, the brain child of Chris and Adrian Nadeau from Saint John, New Brunswick has received just under $100,000 in equity investment from New Brunswick Innovation Foundation, which is an independent corporation focused on stimulating innovation as a means of improving productivity and enhancing the knowledge-based economy. We last talked about YourTeam Online back in January of this year and Chis has shared some key metrics since then:

January vs April

- 173 teams signed up vs. 258 teams
- 2595 users vs. 3695
- Avg 20,000 to 25,000 page views per month vs. 26,000 to 32,500 (30% increase)

“The Foundation’s investment is an integral key to advancing our product nationally and internationally” said Chris Nadeau, President of YourTeam Online. “NBIF has provided our company with the capital that we require to advance our marketing and sales efforts, and take the company to the next level of growth.”

Location: Saint John, NB
Launched: October 2006
Status: Open Beta
What is it: online social networking to sporting teams
Management: Chris and Adrian Nadeau
Funding : Self Funded

Categories: Social Media, Startups
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