It is one of Ireland’s fastest growing indigenous technology businesses, generating revenues of around $30 million last year. After winning business gongs and earning plaudits for bootstrapping its business from scratch, Teamwork, a Cork-based project management and business efficiency product developer, was hotly tipped to be raising tens of millions of dollars in venture capital.  Now, however, company co-founder Peter Coppinger has told The Currency that this is off the table as tech valuations weaken in the face of the unprecedented Covid-19 crisis. “Like lots of companies we have decided we are going to hold off raising money for now,”…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.