Playtomic funding news – Madrid-based Playtomic Secures €65Million in Funding

The company lets racket sports players book courts and connect with others. The funding includes €55M in equity and €10M in debt from Banco Santander.

The round was led by Match Invest, a fund created by Playtomic’s CEO and founder, Felix Ruiz Hernandez, and LFH (Luxembourg Finance House), owned by Dutch entrepreneur Frank Zweegers.

Other investors in the round include Bonsai, Arconas (the Sainz de Vicuña family’s investment group), and existing investors GP Bullhound and FJ Labs. Spanish tennis player Rafael Nadal is also a co-owner of Playtomic.

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Alexander Villaverde Zweegers, co-director of Match Invest and Playtomic, said, “We’re excited to help Playtomic grow. The strong interest in the platform shows high expectations, and we’re ready to meet them.”

The funds will help it to expand in the US, UK, and Germany, and continue improving its platform. More than 50 clubs in the US are already using it, and 3,000 courts are expected by 2026.

Playtomic CEO Félix Ruiz, who is also a participant in Match Invest, adds, “Playtomic is expanding rapidly worldwide, and especially in the US, which makes this news perfect timing. We are extremely excited to announce this capital injection and are convinced that customers will not only notice improvements in our technology but will also be excited about Playtomic’s global growth, which will further strengthen our community.”

About Playtomic

Playtomic was founded in 2017 by Felix Ruiz Hernandez, Pedro Clavería Gonzalez, and Pablo Carro. It’s a platform for racket sports that connects clubs and players through an app, letting users book courts for padel, tennis, and pickleball, find opponents, and join groups.

The platform is available in 63 countries, serving over 6,000 clubs and 23,000 courts. The app is used by 3 million players worldwide.