
Teamworks
Teamworks is a technology company.
Financial History
Teamworks has raised $337.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Teamworks raised?
Teamworks has raised $337.0M in total across 3 funding rounds.

Teamworks is a technology company.
Teamworks has raised $337.0M across 3 funding rounds.
Teamworks has raised $337.0M in total across 3 funding rounds.
Teamworks has raised $337.0M in total across 3 funding rounds.
Teamworks's investors include Alkeon Capital, AME Cloud Ventures, Dragoneer Investment Group, DVx Ventures, Hanabi Capital, Hardware Club, Storm Ventures, Anshu Sharma, Accomplice VC, Bain Capital, B Capital Group, Insight Partners.
Teamworks is a leading sports technology company that provides a comprehensive operating system designed to unify and optimize high-performance sports organizations. Its platform serves over 6,500 sports teams and military organizations worldwide, including professional, collegiate, and Olympic programs. Teamworks builds an integrated suite of products that streamline talent acquisition, athlete development, game preparation, and operational management, enabling teams to operate efficiently and competitively. The company leverages AI and data science to deliver predictive insights and automation, positioning itself as the premier technology ecosystem in the sports industry with a valuation exceeding $1 billion[1][4].
Founded in 2004, Teamworks was created to address the complex operational needs of sports teams by providing a unified technology solution. The company was co-founded by Zach Maurides, who remains CEO, alongside Mitch Heath and other key leaders. The idea emerged from the need to improve communication and scheduling within sports organizations, evolving over time into a full operating system that integrates multiple facets of team management. Early traction came from its adoption by collegiate and professional sports teams, leading to strategic acquisitions such as INFLCR, ARMS Software, Smartabase, Zelus Analytics, and Telemetry Sports, which expanded its capabilities and market reach[1][2][3].
Teamworks rides the growing trend of digital transformation and data-driven decision-making in sports and human performance. The timing is critical as sports organizations increasingly seek integrated, AI-enhanced platforms to optimize talent management, athlete health, and operational efficiency. Market forces such as the rising importance of athlete welfare, competitive analytics, and remote collaboration favor Teamworks’ unified approach. By consolidating disparate functions into a single ecosystem, Teamworks influences the broader sports technology landscape by setting standards for operational excellence and innovation, while also expanding into military organizations, showcasing versatility beyond traditional sports[1][4].
Looking ahead, Teamworks is poised to accelerate AI-powered innovation, leveraging its recent $235 million funding round to deepen data science capabilities and expand its global footprint. Trends such as increased use of AI in sports analytics, personalized athlete development, and integrated operational platforms will shape its growth trajectory. The company’s influence is likely to grow as it continues to unify sports operations under one technology roof, potentially expanding into new markets and sports domains. Its commitment to innovation and comprehensive ecosystem development positions Teamworks as a key driver in the future of sports technology[1][2].
In summary, Teamworks has evolved from a communication tool into the definitive operating system for sports, empowering thousands of teams worldwide with technology that unlocks their full potential.
Teamworks has raised $337.0M across 3 funding rounds. Most recently, it raised $240.0M Series F in June 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2025 | $240.0M Series F | Alkeon Capital, AME Cloud Ventures, Dragoneer Investment Group, DVx Ventures, Hanabi Capital, Hardware Club, Storm Ventures, Anshu Sharma | |
| Apr 1, 2023 | $65.0M Series E | Alkeon Capital, AME Cloud Ventures, Dragoneer Investment Group, DVx Ventures, Hanabi Capital, Hardware Club, Storm Ventures, Anshu Sharma | |
| Apr 1, 2020 | $32.0M Series C | Accomplice VC, Bain Capital, B Capital Group, Insight Partners, JLL Spark, Mike Gordon |