Teamworks Secures $235 Million to Propel AI Innovations in Sports Technology
June 19, 2025, 9:34 am
Location: United States, North Carolina, Durham
Employees: 51-200
Founded date: 2005
Total raised: $390.3M
In a bold move that underscores the growing intersection of technology and athletics, Teamworks has raised $235 million in a Series F funding round. This investment, led by Dragoneer Investment Group, values the company at over $1 billion. Teamworks, known as the Operating System for Sports™, is a key player in the sports technology arena, serving over 6,500 teams worldwide.
The company’s platform is built on four foundational pillars: Personnel, Performance, Coaching, and Operations. Each pillar is designed to enhance the efficiency and effectiveness of sports organizations.
**Personnel** focuses on talent acquisition and development. It helps teams identify and nurture potential stars, building championship-caliber rosters. **Performance** delivers personalized care to athletes, ensuring they are ready to compete at their best. **Coaching** streamlines game preparation, integrating video analysis and data insights into a single, user-friendly platform. Finally, **Operations** enhances communication and logistics, connecting staff and players seamlessly.
This funding comes at a pivotal time. Teamworks is already the preferred technology for a staggering number of elite sports organizations. It boasts a 100% adoption rate among NFL teams, 90% among MLB and Premier League teams, and significant penetration in the NBA, MLS, and NHL. Additionally, it serves 99% of NCAA Division I athletic departments and over 65 Olympic federations across 24 countries.
The capital raised will be instrumental in advancing Teamworks’ mission to develop AI-powered solutions. The company aims to enhance its data science capabilities, allowing for smarter, faster decision-making. This will not only benefit athletes and coaches but also administrators who need to navigate the complexities of modern sports management.
Teamworks plans to expand its data science team significantly. This move will bolster its ability to deliver AI-driven insights that can transform how sports organizations operate. The goal is to create a more integrated platform that unifies data across all products. This will lead to deeper integration with partner technologies and a consolidated mobile app that provides real-time alerts and context-aware recommendations.
The sports landscape is evolving rapidly. Teams are no longer just competing on the field; they are competing in the realm of technology. The ability to harness data effectively can be the difference between victory and defeat. Teamworks recognizes this shift and is positioning itself as a leader in this new frontier.
Investors see the potential. The funding round was oversubscribed, indicating strong confidence in Teamworks’ vision and execution. The company has a track record of delivering premium solutions for over 18 years. Its ability to adapt and evolve alongside its customers has made it a trusted partner in the sports ecosystem.
As the demand for personalized and data-driven solutions grows, Teamworks is ready to meet the challenge. The company’s innovations in talent acquisition, player development, and operational technology are setting new standards in the industry. This funding will enable Teamworks to accelerate its growth trajectory and continue transforming how sports organizations operate.
The future of sports technology is bright. With AI at the helm, Teamworks is poised to lead the charge. The integration of advanced analytics and machine learning into sports management is not just a trend; it’s the new normal. Teams that embrace this change will find themselves at a competitive advantage.
In conclusion, Teamworks’ recent funding round is more than just a financial milestone. It’s a testament to the company’s vision and the critical role technology plays in sports today. As Teamworks accelerates its AI initiatives, the entire sports landscape will feel the impact. The game is changing, and Teamworks is at the forefront of this transformation.
With a commitment to innovation and excellence, Teamworks is not just participating in the future of sports technology; it is shaping it. The journey ahead is filled with possibilities, and Teamworks is ready to seize them. The ball is rolling, and the world of sports is watching.
The company’s platform is built on four foundational pillars: Personnel, Performance, Coaching, and Operations. Each pillar is designed to enhance the efficiency and effectiveness of sports organizations.
**Personnel** focuses on talent acquisition and development. It helps teams identify and nurture potential stars, building championship-caliber rosters. **Performance** delivers personalized care to athletes, ensuring they are ready to compete at their best. **Coaching** streamlines game preparation, integrating video analysis and data insights into a single, user-friendly platform. Finally, **Operations** enhances communication and logistics, connecting staff and players seamlessly.
This funding comes at a pivotal time. Teamworks is already the preferred technology for a staggering number of elite sports organizations. It boasts a 100% adoption rate among NFL teams, 90% among MLB and Premier League teams, and significant penetration in the NBA, MLS, and NHL. Additionally, it serves 99% of NCAA Division I athletic departments and over 65 Olympic federations across 24 countries.
The capital raised will be instrumental in advancing Teamworks’ mission to develop AI-powered solutions. The company aims to enhance its data science capabilities, allowing for smarter, faster decision-making. This will not only benefit athletes and coaches but also administrators who need to navigate the complexities of modern sports management.
Teamworks plans to expand its data science team significantly. This move will bolster its ability to deliver AI-driven insights that can transform how sports organizations operate. The goal is to create a more integrated platform that unifies data across all products. This will lead to deeper integration with partner technologies and a consolidated mobile app that provides real-time alerts and context-aware recommendations.
The sports landscape is evolving rapidly. Teams are no longer just competing on the field; they are competing in the realm of technology. The ability to harness data effectively can be the difference between victory and defeat. Teamworks recognizes this shift and is positioning itself as a leader in this new frontier.
Investors see the potential. The funding round was oversubscribed, indicating strong confidence in Teamworks’ vision and execution. The company has a track record of delivering premium solutions for over 18 years. Its ability to adapt and evolve alongside its customers has made it a trusted partner in the sports ecosystem.
As the demand for personalized and data-driven solutions grows, Teamworks is ready to meet the challenge. The company’s innovations in talent acquisition, player development, and operational technology are setting new standards in the industry. This funding will enable Teamworks to accelerate its growth trajectory and continue transforming how sports organizations operate.
The future of sports technology is bright. With AI at the helm, Teamworks is poised to lead the charge. The integration of advanced analytics and machine learning into sports management is not just a trend; it’s the new normal. Teams that embrace this change will find themselves at a competitive advantage.
In conclusion, Teamworks’ recent funding round is more than just a financial milestone. It’s a testament to the company’s vision and the critical role technology plays in sports today. As Teamworks accelerates its AI initiatives, the entire sports landscape will feel the impact. The game is changing, and Teamworks is at the forefront of this transformation.
With a commitment to innovation and excellence, Teamworks is not just participating in the future of sports technology; it is shaping it. The journey ahead is filled with possibilities, and Teamworks is ready to seize them. The ball is rolling, and the world of sports is watching.