Teamworks, a Durham, NC-based software program enterprise that gives an working system for sports activities organizations, obtained an undisclosed quantity in Debt financing.
CIBC Innovation Banking acted because the lead arranger and administrative agent on the syndicated credit score facility.
The corporate intends to allocate the quantity to help future natural and inorganic strategic development initiatives.
Teamworks offers an working system for prime efficiency, empowering greater than 6,000 sports activities, army, and public security organizations worldwide.
The software program gives purpose-built options for the on a regular basis challenges of athletes and directors together with: growth, efficiency, recruiting, branding, coaching administration, compliance, funds, and extra.
Present traders within the firm included Delta-V Capital, Dragoneer Funding Group, Common Catalyst Companions, and Seaport Capital.
FinSMEs
14/04/2025
