Madrid-based Playtomic, a platform facilitating court bookings and player connections for tennis, padel, and pickleball, has successfully raised €65 million to enhance its expansion efforts in Europe and the US. The funding, comprising €55 million in equity and €10 million in debt, was led by Match Invest and supported by various investors, including Rafael Nadal. The company aims to grow its user base and the number of available courts significantly, expecting over 3,000 courts by 2026 in the US alone as part of its growth strategy.
"We are delighted and proud that we can enter the next growth phase with Playtomic. The interest in the platform shows that there are high expectations, and we can meet them in the coming period."
"Playtomic is expanding rapidly worldwide, and especially in the US, which makes this news perfect timing. We are extremely excited to announce this capital injection and are convinced that customers will not only notice improvements in our technology but will also be excited about Playtomic's global growth, which will further strengthen our community."
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