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📍 San Francisco👥 85
92
Post-Funding
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Just raised $40M Series B - high purchase intent window

Teamworks secures $235M in an oversubscribed Series F led by Dragoneer Investment Group to accelerate AI-powered innovation and enhance its position in sports technology.

Jun 17, 20253 months ago

Amount Raised

$235 Million

DurhamInformation Technology

Investors

Dragoneer Investment Group

Description

Teamworks has raised $235 million in a Series F financing round, led by Dragoneer Investment Group. This funding will support their mission to advance AI-powered solutions in sports programs globally. The company is now valued at over $1 billion. CEO Zach Maurides emphasizes the funding will enhance their data science capabilities.

Company Information

Company

Teamworks

Location

122 EAST PARRISH STREET

Durham, North Carolina, United States

About

Teamworks is the proven operating system for high performance, powering more than 6,500 sports, military, and public safety organizations around the world. Available on a centralized and integrated platform, the Teamworks’ product suite provides specialized applications to support recruiting, development, management, individual branding, and community building. Based in Durham, North Carolina, and founded in 2004, Teamworks continues to expand its global presence with employees across ten countries and offices in London, England, and Brisbane, Australia.

FundzWatch™ Score

81
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech