Padel Haus, the Brooklyn-based padel club operator, has raised $7 million in a Series B funding round to accelerate the company’s expansion. By year’s end, it aims to operate 40 courts and reach 120 courts and more than 20 wholly owned locations by 2027.
Founded and led by entrepreneur Santiago Gomez, Padel Haus has expanded from one club in New York City to five locations, including three in New York City and one each in Nashville, TN and Atlanta, GA. The company has plans to open a club in Denver, CO, this year.
The raise values the company at $33 million, bringing the total funding to $18 million since its 2022 launch. Backers include institutional investors Bolt Ventures, owned by American investor and sports team owner David Blitzer; Vanquish Equity; Mario Gabelli; and Epic Padel, alongside athletes from the NFL, MLS and NHL. Several existing angel investors and family offices also reinvested in the round.
Gomez said in a statement, “This raise is a major milestone, not just for Padel Haus, but for the growth of padel in the U.S. The sport is now attracting institutional capital, and we’re proud to be leading the way as a clear market leader. We’re not a promise or a concept; we’re a profitable three-year-old company experiencing exponential growth, with proven demand across every market we’ve entered, from major cities to emerging hubs like Nashville and Atlanta.
“Our focus on the next 24 months is to secure more unique real estate opportunities and continue delivering value to our investors, with the goal of surpassing 20 wholly owned locations and 120 courts by 2027.”
Roger Morales, CFO of Padel Haus, added, “It’s been incredibly rewarding to see the impact we’ve made in every community we’ve entered. As padel continues to explore across the U.S, this raise fuels our commitment to lead the charge, not just as operators, but as the premier national brand setting the tone for the sport in America.”
Padel Haus reported that since its inception, it has attracted over 20,000 players.
Image courtesy Padel Haus
