[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.

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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 Picklr’s place among top pickleball franchises for both franchisees and pickleball enthusiasts.

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“It’s no secret that the game of pickleball has exploded in popularity,” said Jorge Barragan, CEO of The Picklr. “Guided 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.”

“Pickleball Inc. represents the best in the game,” said Connor Pardoe, CEO of Pickleball Inc. “Our 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 sport”

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.