Duke University's endowment has supplied follow-on funding to Teamworks, which offers software for coordinating schedules within sports teams.

Teamworks, a US-based developer of scheduling software for athletes,  has raised $25m in a series C round involving Duke Management Company (Dumac), the manager of Duke University’s endowment.

Growth equity firm Delta-V Capital led the round, which also included private equity platform Afia Capital and venture firms General Catalyst, Stadia Ventures and Seaport Capital. The deal was closed out by angel investors Steve Pagliuca and Reggie Love.

Founded in 2005, Teamworks provides a software platform used by more than 3,000 sports bodies to coordinate the plans of athletes, coaches and staff. The platform allows users to share details of their schedules and travel itineraries, meaning less time is spent arranging logistics.

Teamworks will use the funding to support its growth efforts, building on its existing presence across four geographical continents.

Teamworks obtained $15.3m in a March 2018 series B round led by General Catalyst that media reports suggested included eight existing investors.

Seaport Capital had led the company’s initial $6.3m round in 2016, investing alongside Dumac and Judy Pagliuca’s family office Pags Group as well as Inner Circle Ventures and David Cummings, partner at Atlanta Ventures, according to Triangle Business Journal. Reggie Love was also described in the latest round as an existing investor.