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Pro Padel League raises $15M in Series A funding led by Rick Schnall. The funding will support team infrastructure and player development across North America.

PRIVATEMar 25, 20262 months ago

Amount Raised

$15 Million

Round Type

series a

Sports

Investors

Rick Schnall

Description

Pro Padel League (PPL), a NYC-based professional padel league, raised $15M in Series A funding. The round was led by Charlotte Hornets Co-Chairman Rick Schnall. The company will use the funds to enhance team infrastructure and support player development. PPL features 10 teams across the US, Canada, and Mexico.

Company Information

Company

the Pro Padel League

About

The Pro Padel League (PPL) is North America’s first professional Padel Teams league. The PPL’s mission is to create a premier sports league providing a national stage for the sport while generating nationwide awareness and excitement for Padel as it continues to grow across North America. The PPL’s high octane team competition will kick-off in May of 2023 with seven teams and conclude with the PPL CUP in June of 2023 where the four best teams will compete for the title. During the first season, teams will be comprised of four active players including two men, and two women, and four alternates, and will follow the international scoring format. For more information on the PPL, visit: https://propadelleague.com/

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