# Teamworks Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/teamworks-innovations

- Industry: Software
- Headquarters: Durham, US
- Website: www.teamworks.com
- Total disclosed funding: $363M
- Latest round: Series F (Jun 17, 2025)
- Investors on record: 11

## About

Teamworks Innovations, Inc. is a US-based technology company specializing in operational solutions for sports organizations. Its innovative platform enhances performance and efficiency across various athletic programs. Founded in 2005 and headquartered in Durham, US, Teamworks Innovations, Inc. operates as a leading provider of athletic management software. The company was initiated to meet the operational needs of sports teams and has since established a diverse client base serving professional teams, colleges, and military organizations mainly in North America and Europe. The founders, including Dror Lev, have extensive backgrounds in technology and sports management. Teamworks has completed a total of 7 deals, with its latest funding round being Series E, raising USD 65.00 mn led by Dragoneer Investment Group, which coincides with their total fundraising amount of USD 65.00 mn. Teamworks offers a comprehensive platform known as The Operating System for Sports™, designed to enhance operational efficiency and performance within athletic organizations. The platform integrates various modules that facilitate data-driven talent acquisition, streamlined operations, and holistic athlete development. Key functionalities include roster management, scheduling, communication tools, and automated workflows, all aimed at ensuring teams can effectively manage their athletes and staff. The system leverages advanced machine learning through Teamworks Intelligence, which provides predictive models for athlete evaluation, roster construction, and strategic decision-making. This platform primarily serves professional sports teams, collegiate athletic programs, Olympic and national governing bodies, as well as military and tactical organizations across North America and Europe, ensuring a diverse client base that relies on technology to manage complex sporting operations.Teamworks generates revenue through a subscription-based model that offers clients access to its suite of services and products, including the flagship Operating System for Sports™. Transactions typically occur on a B2B basis, with organizations entering into partnerships that provide them with tailored packages of Teamworks' offerings. Clients may commit to multiple services, such as Teamworks Elite, which delivers additional benefits and access to exclusive features in exchange for financial incentives. The pricing structure is based on the scale and specific needs of the organization, allowing for customized solutions that align with their operational goals. Revenue is derived from ongoing subscriptions and partnerships, ensuring long-term engagement with their extensive clientele in the sports industry. In May 2026, Teamworks Innovations, Inc. raised an undisclosed amount of venture funding led by Hg.

## Funding rounds

- Series F, Jun 17, 2025, $235M — Dragoneer Investment Group
- Series E, Mar 24, 2023, $65M — Dragoneer Investment Group
- Series D, Apr 4, 2022, $31M — Seaport Capital, General Catalyst Partners, Delta-v Capital, Blossom Street Ventures, Teamworthy Group, Afia Capital
- Series C, Mar 27, 2020, $10M — Seaport Capital, General Catalyst Partners, Delta-v Capital, DUMAC, Stadia Ventures, Afia Capital
- Series B, Feb 21, 2018, $15M — Seaport Capital, General Catalyst Partners, DUMAC
- Series A, Jul 8, 2016, $6.3M — Seaport Capital, DUMAC, Inner Circle Ventures, PagsGroup

## Investors

- Seaport Capital (https://capitalatlas.ai/funds/seaport-capital) — Series A, Series B, Series C, Series D
- DUMAC — Series A, Series B, Series C
- Inner Circle Ventures — Series A
- PagsGroup — Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series C, Series D
- Delta-v Capital (https://capitalatlas.ai/funds/delta-v-capital) — Series C, Series D
- Stadia Ventures (https://capitalatlas.ai/funds/stadia-ventures) — Series C
- Afia Capital (https://capitalatlas.ai/funds/afia-capital) — Series C, Series D
- Blossom Street Ventures (https://capitalatlas.ai/funds/blossom-street-ventures) — Series D
- Teamworthy Group (https://capitalatlas.ai/funds/teamworthy-group) — Series D
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E, Series F