About Teamworks
Teamworks is a company based in Durham (United States) founded in 2004 by Mitch Heath and Zach Maurides. Teamworks has raised $410.66 million across 8 funding rounds from investors including Dragoneer, Delta-v Capital and Seaport Capital. Teamworks has completed 4 acquisitions, including ArmsSoftware, Notemeal and Smartabase. Teamworks operates in a competitive market with competitors including SportsEngine, LeagueApps, Overtime, GameChanger Media and SportEasy, among others.
- Headquarter Durham, United States
- Founders Mitch Heath, Zach Maurides
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Sectors
Media & Entertainment
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Phone
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Website
Locked
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Social
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- Legal Name Teamworks Innovations, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$410.66 M (USD)
in 8 rounds
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Latest Funding Round
$235 M (USD), Series F
Jun 17, 2025
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Investors
Dragoneer
& 12 more
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Employee Count
Not available
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Investments & Acquisitions
ArmsSoftware
& 3 more
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People of Teamworks
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Leadership Team
20 people
Sales and Marketing
20 people
Product Management Team
6 people
Human Resources and Administration
4 people
Software Development Team
4 people
Data Analysis and Operations Team
4 people
Operations Team
3 people
Creative and Marketing Team
2 people
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Funding Insights of Teamworks
Teamworks has successfully raised a total of $410.66M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $235 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Teamworks
Teamworks has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dragoneer, Delta-v Capital and Seaport Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are made in technology-enabled growth companies.
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Growth-equity investments are targeted by the private firm Delta-v Capital.
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Buyouts are targeted by Seaport Capital, a private equity firm.
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Investor details for Teamworks
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Teamworks
Teamworks has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ArmsSoftware, Notemeal and Smartabase.
Investment portfolio details for Teamworks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Performance nutrition services are provided to support user optimization.
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Locked | Locked | 2019 | Locked | |
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A team management platform for multiple sports is provided.
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Locked | Locked | 2018 | Locked | |
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Software suite for sport clubs and athletic departments
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Teamworks
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- Acquired stakes
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Financial Statements - Teamworks
Detailed financials for Teamworks
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- Profit trends
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Teamworks Comparisons
Peer comparison for Teamworks
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Competitors of Teamworks
Teamworks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SportsEngine, LeagueApps, Overtime, GameChanger Media and SportEasy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sports teams and leagues are managed through an online platform.
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Offers sports league management and registration software
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Sports content is produced and shared across multiple digital platforms.
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Scorekeeping, statistics, and team management software is offered for coaches.
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Sports team and club management is enabled via web-based software.
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Detailed competitors of Teamworks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Teamworks
Complete news archive for Teamworks
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Frequently Asked Questions about Teamworks
Teamworks was founded in 2004 and raised its 1st funding round 12 years after it was founded.
Teamworks is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Zach Maurides is the current CEO of Teamworks. They have also founded this company.
Teamworks is a funded company, having raised a total of $410.66M across 8 funding rounds to date.
Teamworks was founded in 2004 in Durham, United States, by co-founders Mitch Heath and Zach Maurides, who serves as CEO. Software solutions for collaboration are provided to athletic organizations, supporting operations in sports management and team coordination. The platform focuses on streamlining communication and data sharing within the athletics sector, with headquarters based in the United States. Services are tailored to enhance efficiency for teams and institutions.
Teamworks's top competitors include LeagueApps, Overtime and GameChanger Media.
Teamworks has made 4 acquisitions, including ArmsSoftware, Notemeal, and Smartabase.
Teamworks has 13 investors. Key investors include Dragoneer, Delta-v Capital, Seaport Capital, General Catalyst, and Teamworthy Ventures.