Venture Capital News: The Picklr Closes Series B Round
2024-06-24
KAYSVILLE, UT, The Picklr has closed their Series B financing with a valuation of $59 million, bringing the total raised by The Picklr to $9,000,000.
The Picklr, North America's fastest-growing indoor pickleball franchise, closed their Series B financing with a valuation of $59 million, bringing the total raised by The Picklr to $9,000,000. Led by Pickleball Inc., the parent company to the largest pickleball brands in the world, including the Carvana Professional Pickleball Association (PPA Tour), Pickleball Central, Pickleball Brackets/Pickleball Tournaments, PickleballTV, Pickleball.com and TopCourt, the Series B funding ensures rapid growth among several pickleball sectors and solidifies The Picklr's place among top pickleball franchises for both franchisees and pickleball enthusiasts.
At The Picklr, pickleball is more than just a sport; it's a lifestyle that fosters community, competition, and fun. With nearly 200 state-of-the-art clubs, professional coaching, and a vibrant atmosphere, The Picklr offers an unparalleled pickleball experience for players of all skill levels. All locations provide professional-grade outdoor surfacing, best-in-class technology, and access to free leagues, tournaments, and clinics.
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