Playtomic, the world’s largest racquet sports community and booking platform, has secured a $70 million funding round to fuel its expansion, with a sharp focus on the growing U.S. padel market. The investment, which includes €55 million in equity funding and €10 million in debt financing from Banco Santander, will drive improvements in club management software, enhance player experience, and support Playtomic’s growth in key international markets.

The funding comes at a pivotal time for Playtomic as padel continues its rapid ascent in the U.S., with the number of courts expected to hit 3,000 by 2026. With over 6,000 clubs and 1.5 million active monthly users worldwide, Playtomic is poised to shape the next phase of the sport’s expansion by improving its matchmaking, booking, and community engagement features. “Playtomic is rapidly expanding worldwide and specifically in the U.S., and the news couldn’t come at a more pivotal moment,” said CEO Félix Ruiz. “We are confident that customers will not only notice enhancements within our technology but will also be excited about the growth of Playtomic worldwide, which will enrich our community.”

The investment, led by Match Invest and Luxembourg Finance House (LFH), further solidifies Playtomic’s position as a global leader in racquet sports technology. With padel gaining traction in key regions like the U.S., UK, Germany, and APAC, Playtomic’s latest move signals a strong commitment to accelerating the sport’s growth. As padel courts and player participation surge across the U.S., Playtomic is strategically positioning itself at the heart of the action, ensuring that players and clubs have access to cutting-edge tools to enhance their experience.

Stay connected with The Padel Weekly for the latest updates on Playtomic’s expansion and the evolution of padel worldwide.