Teamworks announced today the closing of a $15.3 million Series B round of financing.
The Series B round of financing welcomed General Catalyst as a new investor and included the support of existing investors, led by Seaport Capital. We also welcome Holly Maloney McConnell as the newest member to the Teamworks Board of Directors and are grateful for her shared vision for the future of our company.
Teamworks is determined to help elite athletic organizations work better together, and we’ve built success on the foundation of our core values: honesty, humility, hard work, commitment and exceptionalism. We feel honored to have Holly and General Catalyst on our team and are humbled by their belief in the Teamworks mission.
Today, more than 2,000 organizations utilize our products as we continue to set the standard as the leading provider of communication and operations software. This funding will enable us to continue to invest heavily in our technology and expand our team to respond to the increasing demand for our solutions.
Last but not least, we’d like to extend our gratitude to our customers, the #TeamworksFamily, for their continued support as we take Teamworks and the athletic industry to the next level.