How Much Did Teamworks Raise?
Funding & Key Investors

Teamworks has successfully secured a significant capital injection, bringing its total funding to $1.1M. This latest infusion, characterized by a $740K strategic investment, underscores the company's robust position within the competitive sports and recreation infrastructure market. By leveraging these financial resources, the organization continues to solidify its operational footprint and expand its service delivery capabilities across its Massachusetts-based facilities.

What is Teamworks?

Teamworks
HospitalitySports ManagementFitness & Dance Facilities

Teamworks operates as a comprehensive sport and recreation hub, providing a diverse array of programming that spans youth development, athletic leagues, and community-focused event hosting. Positioned as a cornerstone of the Acton, Massachusetts recreational landscape, the company facilitates a wide spectrum of activities ranging from structured youth camps to adult competitive leagues. Its business model relies on high-utilization facility management, effectively serving as a multi-purpose venue that caters to the evolving needs of families and local athletic organizations. By maintaining a versatile infrastructure, Teamworks captures significant market share in the regional leisure and fitness sector.

How much funding has Teamworks raised?

Teamworks has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$740K

Debt (2020): $350K with participation from PPP

Debt (2021): $740K led by PPP

Key Investors in Teamworks

PPP

Public-Private Partnership

What's next for Teamworks?

With the recent influx of capital, Teamworks is well-positioned to accelerate its strategic growth initiatives. The organization is expected to focus on optimizing facility throughput and enhancing the technological integration of its booking and management systems. As the company transitions into this next phase of development, the focus will likely shift toward scaling its service offerings and potentially exploring regional expansion opportunities. This major strategic investment provides the necessary liquidity to sustain long-term operational excellence and maintain its status as a premier destination for community-based athletic engagement.

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Frequently Asked Questions Regarding Teamworks Financial Insights

What are the most recent funding rounds that Teamworks has completed, and what were the funding rounds?
Teamworks has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Teamworks has raised to date?
Teamworks has raised a total of $1.1M in funding to date.
How many funding rounds has Teamworks completed?
Teamworks has completed 2 funding rounds.
How much funding did Teamworks raise in its most recent funding round?
Teamworks raised $740K in its most recent funding round.
Who are the lead investors in Teamworks's latest funding round?
The lead investor in Teamworks's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Teamworks's history?
The largest funding round in Teamworks's history was $740K.
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