Teamworks has raised a total of $398 million, including a $235 million Series F round in June 2025, valuing the Durham-based sports tech company at $1.24 billion. Founded in 2004, Teamworks employs 261 people and provides team communication, operations, and performance management solutions for professional and collegiate teams. With unicorn status achieved in 21 years and 5 months, the company is backed by Dragoneer Investment Group and Delta-v Capital. The platform’s scalable technology enables teams to optimize operations, enhance performance, and streamline workflows globally.