Racquet 360 Raises $9 Million in Funding Round

While you may not be too familiar with Racquet 360, you definitely know the brands in its portfolio. These include RacquetX, National Padel League, Racket Central, and Racket Social Club that create a connected ecosystem within the industry.

This week, Racquet 360 raised $9 million to capitalize on the growth of padel in the U.S. This investment will support the launch and scaling of the four businesses under the Racquet 360 umbrella.

"This was a strategic raise because we were on the right trajectory and had the milestones to prove it," said Emiliano Abramzon, CEO of Racquet 360. “The U.S. padel market is at an inflection point, and this capital allowed us to accelerate the growth of platforms we had already proven in the market. We’ve now built the foundation across leagues, events, media and clubs, and we’re excited to scale that ecosystem as the sport continues to grow in the U.S.”

Racquet 360 is looking to become the leader of the U.S. padel ecosystem. The racket sports industry is seeing a similar approach in pickleball with Tom Dundon’s strategy to own every part of the sport’s ecosystem. It’s a smart way to grow the sport most effectively by seamlessly integrating every part of the consumer and business funnel.