Teamworks, the leading sports technology platform dubbed the Operating System for Sports™, announced on June 17, 2025, that it has raised $235 million in an oversubscribed Series F funding round, led by Dragoneer Investment Group, at a pre-money valuation exceeding $1 billion. The funds will accelerate AI-powered solutions for over 6,500 elite sports teams globally, reinforcing Teamworks’ dominance in the sports tech ecosystem.
$235M Series F led by Dragoneer Investment Group, valuing Teamworks at over $1B.
Powers 6,500+ teams, including 100% of NFL, 90% of MLB/EPL, and 99% of DI NCAA.
Focuses on four pillars: Personnel, Performance, Coaching, and Operations.
Funds to enhance AI tools, data science team, and platform integrations.
Strategic acquisitions include INFLCR, ARMS Software, and Telemetry Sports.
Supports collegiate, professional, and Olympic programs across 24 countries.
The $235M Series F, a mix of primary and secondary funding, will fuel Teamworks’ mission to advance AI-driven solutions across professional, collegiate, and Olympic sports. CEO Zach Maurides stated, “This significant investment validates our vision of creating the most comprehensive technology ecosystem in sports.” The company plans to expand its data science team, enhance AI insights, and unify its platform with a mobile app delivering real-time, context-aware recommendations.
Teamworks’ platform unifies four key areas to drive success:
Personnel: Streamlines talent identification and development for front-office staff.
Performance: Delivers personalized, evidence-based care to boost athlete readiness.
Coaching: Integrates video, data, and reporting for efficient game preparation.
Operations: Enhances communication and logistics across organizations.
With adoption by 100% of NFL teams, 90% of MLB and Premier League, 87% of NBA, and 99% of Division I NCAA programs, Teamworks is the preferred technology for elite sports, including 65+ Olympic federations.
Christian Jensen of Dragoneer praised, “Teamworks is the unmatched leader in sports technology, delivering critical solutions indispensable to organizations.” The company’s growth, driven by acquisitions like INFLCR, ARMS Software, Smartabase, and Telemetry Sports, has expanded its offerings to meet modern demands. Recent posts on X highlight its reach, with @Teamworks noting support for 85% of AFL and NRL teams.
The sports tech market, valued at $17 billion in 2024, is projected to grow at a 20% CAGR through 2030, fueled by analytics-driven strategies popularized by “Moneyball.” Teamworks’ focus on AI and data unification positions it ahead of competitors like Hudl and Stack Sports, which prioritize video analysis and youth sports, respectively. The funding reflects investor confidence in mature companies amid a challenging venture landscape, with median Series B wait times at 2.8 years.
Teamworks will use the funds to deepen integrations with partner technologies and enhance its mobile app, aiming to deliver smarter decision-making for athletes and coaches. CFO Kyle Charters emphasized, “This milestone provides significant resources to invest in innovation and world-class talent.” With a history of rapid fundraising—$115M in Series E in 2023 and $50M in Series D in 2022—Teamworks could target further acquisitions, potentially in human performance or digital banking, to sustain its 30%+ annual growth trajectory.
Teamworks’ $235M Series F, announced on June 17, 2025, solidifies its role as a sports tech leader. By leveraging AI and strategic investments, the company is poised to transform how sports organizations operate, delivering data-driven excellence across the global sports ecosystem.
Teamworks is the leading operating system for high performance, powering more than 6,500 sports teams and military organizations worldwide. Teamworks' suite of best-in-class products drives winning by enabling data-driven talent acquisition, holistic performance development, game preparation, and operational excellence. Founded in 2004, Teamworks has expanded its offerings through strategic acquisitions, including INFLCR, ARMS Software, Smartabase, Zelus Analytics and Telemetry Sports, enhancing its ability to meet the complex needs of modern high-performance environments. Headquartered in Durham, North Carolina, Teamworks remains at the forefront of innovation in sports and human performance technology.
Dragoneer Investment Group is a growth-oriented investment firm with over $25 billion under management and a flexible mandate to invest in high-quality businesses in both the public and private markets. For over a decade, Dragoneer has partnered with management teams to grow exceptional companies, characterized by sustainable differentiation and superior economic models. The firm seeks to deliver attractive returns while maintaining a focus on capital preservation and margin of safety. Dragoneer looks to partner with the best businesses globally and has been an investor in companies such as Airbnb, AmWINS, Atlassian, AuditBoard, CCC, Clearwater, Datadog, Dayforce, Dollar Shave Club, DoorDash, Duck Creek, Dynatrace, Flipkart, Mercadolibre, Meta, Nubank, PointClickCare, Procore, Roblox, Samsara, Slack, Snowflake, Spotify, Uber and others.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.