Teamworks Raises $25 Million in Series C Round Led by Delta-v Capital
Summary
DURHAM, N.C.--(BUSINESS WIRE)--Teamworks, the leading athlete engagement platform for collegiate and professional organizations, today announced it has raised $25 million in Series C funding led by Delta-v Capital. Organizations use Teamworks to operate efficiently and effectively by streamlining communication, scheduling, file sharing and travel, ultimately allowing athletes, coaches and staff to eliminate time wasted on logistics. “We believe that sports is an emerging frontier for software adoption, and Teamworks is at the center of that wave providing the market leading platform for collaboration and engagement with athletes,” said Dan Williams, Partner at Delta-v Capital. We are excited to partner with Teamworks and their amazing team on this next phase of growth.” The investment brings Teamworks’ total funding to more than $45 million, with previous rounds led by General Catalyst and Seaport Capital. Based in Durham, North Carolina, and founded in 2004, Teamworks continues to invest heavily in technology and expand the team to respond to the increasing customer demand.
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