Tom Dundon’s Pickleball Inc. charts next phase of growth with new funding
Summary
Pickleball Inc. secured a $225 million capital raise led by Apollo Sports Capital and said the deal gives it roughly $100 million in deployable cash after recapitalization work. The company now combines pro leagues, retail, media, court construction, and management software under one platform. Executives plan to use the capital for infrastructure partnerships, international expansion, and media/content investment, including a push for a national broadcast rights deal. The article also highlights Pickleball Play Solutions, a software platform that supports the PPA Tour, MLP, and amateur events, making the story relevant to software vendors serving sports operations and event management.
Funding
Amount
$225.0M
Total raised
Date
May 1, 2026
Announcement date
Investors
Apollo Communications
Lead investors
Company
pickleball.com
Funded company
Classifications
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applications
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