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[Funding News] The Picklr Secures Series B Funding with a Valuation of $59 Mn

UT-based The Picklr, one of the most influential voices in pickleball and is already the industry leader of indoor clubs has secured Series B Funding 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.

UT-based The Picklr, one of the most influential voices in pickleball and is already the industry leader of indoor clubs has secured Series B Funding 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.

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Other investors 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 Picklrā€™s place among top pickleball franchises for both franchisees and pickleball enthusiasts.

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ā€œItā€™s no secret that the game of pickleball has exploded in popularity,ā€ said Jorge Barragan, CEO of The Picklr. ā€œGuided by strong corporate leadership and inspired by our enthusiastic team of franchise owners, The Picklr heads into this next chapter with an eye on bringing even more courts and a strong, like-minded community to pickleball players worldwide. The Picklr will have over 1080 pro-style indoor courts available by the end of 2025, and with the largest pickleball database in the United States, we look forward to rapid membership growth at all locations.ā€

ā€œPickleball Inc. represents the best in the game,ā€ said Connor Pardoe, CEO of Pickleball Inc. ā€œOur partnership with The Picklr has allowed us to keep pace with the rapid growth of the game as we work together to bring access to high-quality outdoor-style surfacing, a complete pro shop powered by Pickleball Central, unlimited league play, tournaments, and open play to all of those who love the sportā€

About The Picklr

Founded in 2021, The Picklr is positioned to be one of the most influential voices in pickleball and is already the industry leader of indoor clubs. A recent partnership with the Professional Pickleball Association means the best players in the world now train and instruct at The Picklr. Company owns Stack Athletics, one of the fastest-growing pickleball apparel brands. The Stack Pro team has some of the most recognizable names in the sport and defines short-court style with a defiant approach.

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