March 30, 2025 by Giovanni Fatelli
Playtomic, a venture that rapidly became a global leader in racket sports technology, has just closed a fresh €70 million round, setting its sights on international expansion, particularly in the U.S., with an investment underscoring the ambition to dominate the racket sports tech market, enhancing both player experiences and club operations worldwide.
Founded in Spain, Playtomic is a fast-growing platform that connects players with racket sports facilities, primarily padel and tennis, across more than 50 countries. It provides court bookings, player matching, and club management tools, making it one of the largest ecosystems for racket sports globally. With over 4,800 affiliated clubs and 4.1 million active players, the app has become a key player in the digital transformation of the sports industry.
On March 19th, 2025, Playtomic announced a €70 million funding round aimed at supporting its continued international expansion. The round was led by GP Bullhound, with additional support from Optimizer Invest and Claret Capital Partners. The funding comes right after rapid growth, with the company doubling its user base and significantly expanding its footprint over the past two years.
According to reports from Sports Business Journal and PadelBiz, Playtomic intends to use the funding to strengthen its presence in the U.S. market, where padel is experiencing growing interest. The capital will also support the development of new product features, aiming to improve user experience and expand services to clubs and players. CEO Félix Ruiz has reportedly highlighted the U.S. as a strategic market for the company’s future growth.Ambitions for global leadership in racket sports tech
The funding reflects investors’ confidence in Playtomic’s business model and the rising popularity of racket sports worldwide. While the company has already achieved significant scale in Europe and parts of Latin America, this round marks a new chapter in its attempt to become the global leader in racket sports operations technology. Whether it can replicate its European success in new markets remains to be seen, but its latest funding positions it well to try.
