Sports software firm Teamworks notches over $1 billion valuation in latest funding round

Teamworks, a US-based sports software company, has raised $235 million in new funding, taking its valuation past $1 billion. The round was led by Dragoneer Investment Group. Founded in 2004, Teamworks supports over 6,500 sports teams worldwide.

By Reuters | Updated: Jun 17, 2025, 08.58 PM IST

Sports software maker Teamworks said on Tuesday it was valued at over $1 billion in its latest funding round, which was led by California-based Dragoneer Investment Group, an existing investor.

The Durham, North Carolina-based company raised $235 million in its latest funding round, the company added.

Founded in 2004, Teamworks provides sport-specific predictive models and metrics to more than 6,500 sports teams globally.

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