• Teamworks

  Participated · Series C · Apr 2020

  Teamworks offers an operating system for sports that unifies talent acquisition, athlete development, game preparation, and operational functions across four product pillars: Personnel, Performance, Coaching, and Operations. Its platform is used by more than 6,500 teams and organizations, including 100% of NFL teams; 90% of MLB and Premier League teams; 87% of NBA teams; 83% of MLS teams; 81% of NHL teams; 99% of DI NCAA athletic departments; and 65+ Olympic federations across 24 countries. Founded in 2004 and headquartered in Durham, North Carolina, Teamworks has expanded through strategic acquisitions including INFLCR, ARMS Software, Smartabase, Zelus Analytics, and Telemetry Sports. The company plans to accelerate development of AI-powered solutions across professional, collegiate, and Olympic sports by expanding its data science team and enhancing AI-driven insights, data unification, partner integrations, and a consolidated mobile app. Its product suite also includes capabilities around digital banking and operational technology, with features aimed at delivering real-time alerts and context-aware recommendations. Teamworks emphasizes continued innovation after more than 18 years in the market and positions itself as a market-leading, end-to-end sports technology provider. Teamworks provides a centralized, integrated operating system and product suite for sports organizations, military units, and public safety teams, with applications for recruiting, development, performance, training management, compliance, payments, and individual branding. The platform powers more than 6,000 organizations worldwide, including professional teams, colleges, and National Governing Bodies. Teamworks' product is purpose-built to address everyday challenges of athletes and administrators via specialized applications on a single platform. Founded in 2004 and based in Durham, North Carolina, the company has employees across eleven countries. The company will use the new financing to support future organic and inorganic strategic growth initiatives. Existing investors include Delta-V Capital, Dragoneer Investment Group, General Catalyst, and Seaport Capital. Teamworks provides a centralized, integrated platform of applications that support recruiting, development, management, individual branding, and community building for sports and tactical organizations. The company announced the acquisition of Arms Software to expand its product suite and deepen capabilities around recruiting, compliance, data integration, camps, and process automation. Teamworks plans to use new capital to fund M&A and expand growth into new regions and areas. The business has employees across ten countries and maintains offices in London and Brisbane. Founded in 2004 and based in Durham, NC, Teamworks now offers a combined operating system including Hub, INFLCR, Notemeal, Whistle, Communities, Smartabase, Retain, Pulse, and ARMS. The acquisition brings ARMS’s customer footprint of over 400 collegiate athletic departments into Teamworks’ platform. Teamworks is the leading athlete engagement platform for collegiate and professional organizations, used to streamline communication, scheduling, file sharing and travel. The platform serves more than 3,000 clients worldwide, including over 2,000 NCAA Division I programs and nearly half of teams in the NFL, MLB, NHL and NBA. Teamworks aims to simplify internal processes so athletes, coaches and staff can eliminate time wasted on logistics and improve collaboration. The company says it will continue to invest heavily in technology and expand its team to meet increasing customer demand. In the last year Teamworks partnered with organizations across four continents and joined forces with INFLCR to enhance premium social media content delivery in sports. Teamworks is based in Durham, North Carolina and was founded in 2004. Teamworks Innovations builds collaboration software that helps athletic teams and organizations share information and communicate. Led by CEO and founder Zach Maurides, the Durham-based company started from a mobile-app idea Maurides conceived as a sophomore football player at Duke. The firm now services more than 1,000 professional and college clients globally. The NCAA is a customer and uses Teamworks as the hub of communications for 132 teams in the men’s and women’s basketball tournaments. According to an SEC filing, Teamworks raised $15.3 million in equity from nine investors, and New York-based Inner Circle Sports received $670,000 in sales compensation on the deal. The company previously raised $6.25 million in its first round in July 2016.

No current team members are available.