CourtReserve, a club management software platform that reports being used by over 2,000 racquet clubs and paddle sports facilities, has secured a $54 million strategic growth investment from Mainsail Partners, a growth equity firm investing in vertical SaaS businesses.
The company intends to use the investment to accelerate product development, enhance customer service and support, deepen integrations, and expand its market reach to sports facilities across North America.
Founded in 2016, CourtReserve supports court booking, membership management, event programming, payments, and mobile features for racquet and paddle sports clubs and players.
“Over the years, we built CourtReserve with a singular focus. Help clubs run better and scale smarter,” said CEO and Co-Founder, Tim Owens. “Partnering with Mainsail Partners will help fuel us with the capital and operational resources we need to raise the bar even further, so our clubs can spend less time on admin and more time on growth and community.”
“CourtReserve is a clear category leader in racquet sports management because we have a deep understanding of our customers and a product that drives real operational impact,” said Ashley Owens, co-founder. “We’re excited for Mainsail Partners’ support as we scale the platform and continue delivering value to clubs and players alike.”
“Ashley and Tim have first-hand experience operating racquet sports clubs, giving them a deep understanding of the complex workflows that can be optimized through software and AI,” said Jason Frankel, partner at Mainsail Partners. “Combined with a mission-driven culture and the rapid growth of pickleball and racquet sports, we’re excited to support the CourtReserve team as they take their platform to the next level to best serve club owners, players and the racquet sports community.”
