Teamworks Secures $65 Million And Buys ARMS Software
Summary
Teamworks – an enterprise SaaS company serving elite sports and tactical organizations – announced a $65 million Series E funding round led by Dragoneer Investment Group. And through continued integrations, now accelerated with the addition of ARMS, Teamworks will provide athletes a single mobile front door, aggregating their responsibilities on and off the field. And the complete operating system – now comprising Hub, INFLCR, Notemeal, Whistle, Communities, Smartabase, Retain, Pulse, and ARMS – will digitize the athlete and service member life cycle and offer an open platform for third-party software providers to integrate into. But what excites us most is their vision for an integrated platform that will fundamentally transform how sports and military organizations operate to support their athletes, service members, and staff.” “Our ability to raise $65M in this economic environment speaks volumes to our leadership position in the market. Teamworks and ARMS Software have independently revolutionized college athletics with their complementary product offerings; now is the time to bring the companies together to leverage each other’s strengths and deliver a complete package for the customer.”