Oversubscribed Series F Led by Dragoneer Investment Group

DURHAM, N.C., June 17, 2025 /PRNewswire/ — Teamworks, the Operating System for Sports™ powering more than 6,500 elite sports teams globally, today announced it has secured $235 million in an oversubscribed Series F financing led by returning investor Dragoneer Investment Group.

This latest round, which closed at a pre-money valuation exceeding $1.0 billion, will fuel the company’s mission to advance AI-powered solutions across professional, collegiate, and Olympic sports programs, cementing Teamworks’ position as the leading sports technology company globally.

“This significant investment validates our vision of creating the most comprehensive technology ecosystem in sports,” said Zach Maurides, CEO and Founder of Teamworks. “From our origins in communication and scheduling, to building the defining operating system for sports, this funding positions us to accelerate our data science capabilities and to shape the future of AI in sports.”

Teamworks has established itself as the premier provider of sports technology across four key pillars, delivering a platform that drives winning by unifying talent acquisition, athlete development, game preparation, and operational excellence in one powerful ecosystem:

Personnel:
For front office and personnel staff to drive talent identification, acquisition, and development that helps build championship-caliber teams.

Performance:
For integrated performance teams to deliver evidence-based, personalized, and coordinated care that increases availability and readiness to compete.

Coaching:
For coaching staff to streamline game preparation by bringing video, data-driven insights, and reporting into one powerful and mobile-friendly platform.

Operations:
For organizational leaders to streamline communication, logistics, and administrative functions across entire organizations, connecting and empowering staff and players.

The investment comes at a time when Teamworks’ operating system is already the preferred technology for collegiate and professional teams globally, including 100% of NFL, 90% of MLB and Premier League, 87% of NBA, 83% of MLS teams, 81% of NHL teams, 99% of DI NCAA athletic departments, and 65+ Olympic federations across 24 countries.

“Teamworks is the unmatched leader in sports technology, delivering critical solutions that are indispensable to organizations across the sports ecosystem,” said Christian Jensen, Partner at Dragoneer Investment Group. “Throughout our partnership, we have witnessed firsthand their remarkable execution, product expansion and growth trajectory. Their innovations in talent acquisition, player development, gameday preparation, digital banking, and operational technology create a market-leading end-to-end experience. We’re excited to be a part of Teamworks’ next chapter as they continue to transform how sports organizations operate.”

This funding, a combination of primary and secondary, will enable Teamworks to accelerate development of AI-powered solutions across all four product categories by expanding its world-class data science team and enhancing AI-driven insights that deliver smarter, faster decision-making for athletes, coaches, and administrators. It will also enable Teamworks to enhance its market-leading platform functionality through improved data unification across products, deeper integration with key partner technologies, and a consolidated mobile app that delivers real-time alerts and context-aware recommendations powered by its best-in-class machine learning and data science capabilities.

“Our customers choose to partner with us not only because we’re a stable, reliable company that for 18+ years has continued to deliver premium solutions, but because we continue to evolve right alongside them,” said Kyle Charters, CFO of Teamworks. “As the sports landscape changes and as our customers’ ambitions grow, this milestone provides significant resources to invest in innovation and world-class talent that will help them succeed.”

About Teamworks

Teamworks is the leading operating system for high performance, powering more than 6,500 sports teams and military organizations worldwide. Teamworks’ suite of best-in-class products drives winning by enabling data-driven talent acquisition, holistic performance development, game preparation, and operational excellence. Founded in 2004, Teamworks has expanded its offerings through strategic acquisitions, including INFLCR, ARMS Software, Smartabase, Zelus Analytics and Telemetry Sports, enhancing its ability to meet the complex needs of modern high-performance environments. Headquartered in Durham, North Carolina, Teamworks remains at the forefront of innovation in sports and human performance technology. Visit teamworks.com to learn more.

About Dragoneer Investment Group

Dragoneer Investment Group is a growth-oriented investment firm with over $25 billion under management and a flexible mandate to invest in high-quality businesses in both the public and private markets. For over a decade, Dragoneer has partnered with management teams to grow exceptional companies, characterized by sustainable differentiation and superior economic models. The firm seeks to deliver attractive returns while maintaining a focus on capital preservation and margin of safety. Dragoneer looks to partner with the best businesses globally and has been an investor in companies such as Airbnb, AmWINS, Atlassian, AuditBoard, CCC, Clearwater, Datadog, Dayforce, Dollar Shave Club, DoorDash, Duck Creek, Dynatrace, Flipkart, Mercadolibre, Meta, Nubank, PointClickCare, Procore, Roblox, Samsara, Slack, Snowflake, Spotify, Uber and others.

CONTACT: [email protected]

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We’re on the ground at the 2025 ATN Innovation Summit, streaming live insights, product unveilings and conversations with the boldest minds shaping the future of fitness, wellness, and technology

Welcome to Athletech News’ live coverage of the 2025 ATN Innovation Summit, where the biggest thinkers, disruptors and decision-makers in fitness, wellness and technology are in one location to help shape what’s next. From AI-fueled advancements and connected fitness breakthroughs to new business models and the future of consumer engagement, this is where innovation meets impact.

Our Athletech News editorial team is updating this live feed in real time, bringing you key takeaways from panels, product launches, founder insights, investor perspectives and everything in between. Whether you’re watching from your office, your gym, or on the go, consider this your all-access pass to the most important ideas driving the industry forward.

Scroll down for the latest—and check back often. We’re just getting started. Writers: Josh Liberatore (JL), Collin Helwig (CH), Elizabeth Ostertag (EO) and Courtney Rehfeldt (CR).

NEW: 10:07am (JL): During a panel discussion on the “Fitness Industry’s Role in America’s Healthcare Crisis,” 

The “fitness as healthcare” movement might be real, but a lot of work remains to be done. 

Anthony Geisler, the CEO of Sequel Brands, and Calley Means, a special adviser to the White House, called on fitness industry leaders to do a better job at prioritizing advocacy efforts and making their voices heard in Washington, D.C. This is especially important amid the “Make America Healthy Again Movement,” regardless of your personal political views, they added. 

“The fitness industry needs to actually step up and defiantly and aggressively state that ‘we are frontline healthcare workers,’” Means said, pointing to the fact that bars and drug stores were often open during the COVID-19 pandemic while gyms were forced to shut down. 

Geisler, who recently attended a MAHA report release event held by the White House, called on his industry peers to join him in future visits to DC. 

“When we were there at the White House a couple weeks ago, there (weren’t) a lot of people from the fitness industry,” Geisler said, noting that other industries, like nutrition, were better represented. 

Means, who was a lobbyist before he co-founded telehealth platform Truemed, noted that other industries are highly active on Capitol Hill while the fitness industry essentially sits on the sideline.  

“The industries that profit from people being sick are flooding donations, they are in DC all the time,” Means said. “The CEOs of pharmaceutical and insurance companies essentially live in DC these days, and they are letting their voice be heard.”

9:55 am (JL): Fitness and wellness brands looking to thrive in the era of artificial intelligence (AI) must invest in data and consumer insights, says Josh Walker, the co-founder and CEO of the Sports Innovation Lab, a data analytics firm that works with the world’s top sports leagues and media properties. 

See Also

“If you get any heebie-jeebies about AI and what’s coming next, you should, because AI is going to change everything,” Walker said. 

“What I tell the NFL, what I tell ESPN and what I tell everybody in the sports media and entertainment world, is if you don’t know your customer you can’t talk to them. … And AI is all about having a conversation. … You have to be collecting this data; you have to be studying what your customers are doing, and that will prepare you for the future,” Walker added.

9:15 a.m. (JL): To kick off the ATN Innovation Summit 2025, Athletech News founder and CEO Edward Hertzman called on the industry to come together – but also to think bigger about what it means to be a fitness and wellness company in a rapidly changing, more highly connected world. 

“This Summit marks something bigger – a new kind of industry gathering,” Hertzman said. 

“When I look out right now, I don’t just see fitness brands. I see doctors, I see wellness operators, I see tech founders, real estate executives, med spas, apparel execs, data scientists, hotel groups, and consulting firms. And I think: what do we even call ourselves anymore?”

The Galaxy Watch series, powered by the innovative One UI 8 Watch, is transforming the wearable health technology landscape. With a strong emphasis on fostering healthier habits, the latest features are designed to optimize sleep, improve heart health, enhance fitness routines, and promote better nutrition. The Galaxy Watch offers a comprehensive suite of tools that empower users to take control of their well-being, making it an indispensable companion for those seeking to lead a healthier lifestyle.

One of the standout features is Bedtime Guidance, which leverages advanced algorithms to analyze users’ sleep patterns and lifestyle factors, providing personalized recommendations for optimal sleep schedules. By helping users establish consistent and healthy sleep routines, the Galaxy Watch aims to improve overall sleep quality and duration, leading to better daytime performance and long-term health benefits.

Another groundbreaking feature is Vascular Load, which uses innovative sensors to measure the stress on the vascular system during sleep. By monitoring this crucial aspect of heart health, the Galaxy Watch enables users to gain valuable insights into their cardiovascular well-being and make informed lifestyle choices to reduce their risk of heart disease.

For fitness enthusiasts, the Running Coach feature offers real-time guidance and personalized training strategies tailored to individual fitness levels and goals. Whether you’re a beginner looking to start a running routine or an experienced runner aiming to improve your performance, the Running Coach provides expert advice and motivation to help you achieve your targets.

In addition to these features, the Galaxy Watch introduces an industry-first Antioxidant Index, which measures carotenoid levels in the skin using a state-of-the-art BioActive Sensor. Carotenoids are essential antioxidants that play a vital role in promoting healthy aging and reducing the risk of chronic diseases. By tracking carotenoid levels, users can gain a deeper understanding of their overall health status and make dietary adjustments to optimize their antioxidant intake.

Pricing and Availability

The groundbreaking One UI 8 Watch features will be exclusively available on the latest Galaxy Watch series, ensuring that users have access to the most advanced health monitoring capabilities. While the features are currently accessible to a limited number of users through a beta program, Samsung plans to roll out the update to a wider audience in the near future. The exact timeline for the broader release may vary depending on the region and the specific Galaxy Watch model.

Pricing for the Galaxy Watch series starts at competitive rates, making these innovative health features accessible to a wide range of consumers. The affordability of the Galaxy Watch, combined with its comprehensive health monitoring capabilities, positions it as an attractive option for individuals seeking to invest in their well-being without breaking the bank.

To stay informed about the latest updates on pricing and availability, interested buyers are encouraged to visit Samsung’s official website or contact authorized retailers in their region. As the rollout of the One UI 8 Watch features progresses, more information will become available, allowing potential customers to make informed decisions about purchasing a Galaxy Watch.

Specifications

• Bedtime Guidance: Personalized bedtime recommendations based on sleep patterns and lifestyle, using advanced algorithms to optimize sleep schedules for improved sleep quality and duration.
• Vascular Load: Measures stress on the vascular system during sleep using innovative sensors, providing valuable insights into cardiovascular health and allowing users to make informed lifestyle choices.
• Running Coach: Real-time guidance and personalized training plans for runners of all levels, offering expert advice and motivation to help users achieve their fitness goals.
• Antioxidant Index: Industry-first feature that measures carotenoid levels in the skin using a state-of-the-art BioActive Sensor, allowing users to track their antioxidant intake and make dietary adjustments for optimal health.

Explore More Health Features

While the One UI 8 Watch introduces groundbreaking features like Bedtime Guidance, Vascular Load, Running Coach, and Antioxidant Index, the Galaxy Watch series offers a wealth of additional health monitoring capabilities. From stress management tools that help users maintain emotional well-being to advanced fitness tracking that records a wide range of activities, the Galaxy Watch is designed to cater to diverse health needs.

For individuals concerned about sleep disorders, the Galaxy Watch also includes innovative sleep apnea detection, which can help identify potential breathing issues during sleep. By providing early detection and prompting users to seek medical advice, the Galaxy Watch plays a crucial role in addressing sleep-related health problems.

Whether you’re a fitness enthusiast looking to take your workouts to the next level or someone seeking to make small but meaningful lifestyle changes, the Galaxy Watch offers a comprehensive suite of health features that can be tailored to your specific needs and goals. With its user-friendly interface, intuitive navigation, and seamless integration with other Samsung devices, the Galaxy Watch makes it easier than ever to prioritize your well-being and adopt healthier habits.

As Samsung continues to innovate and expand the capabilities of the Galaxy Watch series, users can expect even more advanced health monitoring features in the future. By staying at the forefront of wearable health technology, Samsung aims to empower individuals to take control of their health and lead happier, more fulfilling lives.

Source Samsung

Filed Under: Android News, Technology News, Top News

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Huawei Wearable Devices Surpassed 200 Million Cumulative Shipments

Huawei ascended to the top position in the global wrist-worn device market in Q1 2025, while maintaining robust growth momentum and retaining its leadership in shipment volume within China, according to the latest IDC data. Additionally, as of 5 June 2025, Huawei’s cumulative global wearable shipments have exceeded 200 million units.

Five Product Series Catering to Global Users’ Diverse Scenario Needs
Huawei wearables integrate fashionable design, professional and comprehensive sports and health features, and efficient, practical smart experiences. Tailored to different user needs, Huawei has developed five product series to fulfil the diverse scenario requirements of all user groups—spanning smart living, scientific exercise, and health management.

The HUAWEI WATCH Series incorporates cutting-edge smart technology, featuring standalone calling capabilities to enable an efficient, intelligent lifestyle. The newly launched HUAWEI WATCH 5 delivers enhanced intelligence, efficiency and convenience. Equipped with the innovative multi-sensing X-TAP technology, it unlocks new dimensions in health monitoring and tactile interaction. The HUAWEI WATCH FIT Series offers a slim design and extensive sports functions, allowing users to fully enjoy daily life. Meanwhile, the HUAWEI WATCH GT Series combines exceptional battery life with fashionable aesthetics and professional sports health features, serving as a comprehensive wrist-worn fitness coach.

For users who push boundaries and challenge extremes, the HUAWEI WATCH Ultimate Series delivers ultimate reliability with its rugged construction, advanced sports modes including 100-metre professional diving and outdoor expedition features, as well as advanced golf course mode.

Additionally, addressing hypertension management challenges, Huawei innovatively broke through wrist-based blood pressure technology to launch the HUAWEI WATCH D Series. Through its breakthrough 24-hour dynamic blood pressure monitoring function, it helps users monitor blood pressure anytime, anywhere.

Technological Innovation Driving Breakthroughs in Sports Health Technology
Behind this incredible growth is Huawei’s continuous innovation investment in wearables. Huawei has established three Health Labs globally, leveraging capabilities from over ten Huawei research institutes to relentlessly explore the frontiers of sports health technology.

In 2024, Huawei launched its new digital health & fitness paradigm, the TruSense System, achieving higher accuracy and speed in vital sign data monitoring. In 2025, the TruSense System was upgraded again, fusing the advantages of fingertip and wrist detection to deliver a fuller, more accurate, and faster health monitoring experience, including 10-second fingertip blood oxygen readings and an increase in micro-body measurement indicators to 17 items.

Huawei holds nearly 1000 patent applications in the smart wearables field. As of now, the brand has collaborated with over 160 global professional institutions, conducted 300+ health research projects, and attracted over 17 million users to participate in health studies.

Active Rings: Embracing Active, Healthy Lifestyles
Huawei works with users around the world to promote active and healthy living. In September 2023, Huawei launched the “Light Up Your Rings” campaign, which attracted participation from over 6 million global users and resulted in more than 300 million rings being lit. In 2025, this effort evolved into the upgraded “Active Rings” initiative, encouraging users to stay active and enjoy movement anytime, anywhere—powered by Huawei wearables.

The campaign has already rolled out to countries such as Germany, Spain, and China, with users coming together to share energetic and joyful moments. It is set to expand further across Asia-Pacific, Latin America, the Middle East, and other regions in the future.

By Lisa Eadicicco, CNN

New York  — Silicon Valley thinks it’s finally found the next big thing in tech: smart glasses – the same thing Google tried (and failed at) more than a decade ago.

But Google Glass may simply have been ahead of its time. Now tech companies believe technology has finally caught up, thanks in part to artificial intelligence—and they’re going all-in on truly “smart” glasses that can see and answer questions about the world around you.

Get ready to see the world differently – or at least, capture it more dynamically! Meta is set to unveil a new line of smart glasses, this time in an exciting collaboration with sports eyewear giant Oakley. The buzz is building for a major reveal on June 20th, with hints pointing towards a product specifically designed to cater to athletes and outdoor enthusiasts.

The excitement reached a fever pitch recently with the emergence of a new Instagram handle, @oakleymeta, which dropped a tantalizing teaser video announcing the highly anticipated June 20th date. The collaborative effort was immediately amplified as Meta CEO Mark Zuckerberg, Instagram’s official account, and Oakley themselves all reposted the teaser, signaling a significant launch just around the corner.

The teaser video culminates with the Oakley and Meta logos prominently displayed side-by-side, mirroring the familiar branding of the successful Ray-Ban Meta smart glasses. Further fueling the anticipation, Meta’s own online store is now adorned with a banner proclaiming, “The next evolution arrives June 20,” along with an option for eager consumers to sign up for exclusive updates.

While concrete details remain under wraps until the official launch, earlier reports suggest these innovative smart glasses could be based on Oakley’s sleek Sphaera design. A key difference from the existing Ray-Ban version is the rumored central placement of the camera on the frame, as opposed to the side. This strategic design choice strongly indicates a focus on action-packed, point-of-view capture, suggesting Meta and Oakley are setting their sights on challenging established players like GoPro in the burgeoning action sports market.

The collaboration itself is a natural fit, given that Oakley and Ray-Ban both operate under the umbrella of the same parent company, EssilorLuxottica. This existing relationship laid the groundwork for such a partnership, but it’s the specific timing, the design hints tailored for performance, and the clear athletic target audience that truly make this upcoming launch a fascinating development in the wearable technology space.

All eyes are now firmly fixed on June 20th. Whether you’re a tech aficionado, a dedicated cyclist, or simply someone who appreciates cutting-edge gadgets, this unveiling promises to be one to watch. The convergence of Meta’s technological prowess with Oakley’s renowned expertise in sports eyewear could truly redefine how athletes capture and share their adventures.