Dragoneer Leads $235M Series F in Teamworks

June 17, 2025

Teamworks, the Durham-based operating system for sports, raised $235 million in an oversubscribed Series F led by returning investor Dragoneer Investment Group at a pre-money valuation above $1.0 billion. The primary and secondary financing will fund expansion of Teamworks' AI and data science capabilities and accelerate product development across its talent, performance, coaching and operations suites.

Buyers
Dragoneer Investment Group
Targets
Teamworks
Industry
Cloud & SaaS
Location
North Carolina, United States
Transaction Type
Growth capital

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