GP Bullhound has led a $63 million investment round in Playtomic, Europe’s dominant tennis and padel booking and social app. The series C financing round was backed by Claret Capital Partners, as well as existing investors Félix Ruiz and Optimizer Invest.
Pedro Clavería, founder and co-CEO of Playtomic, commented: “As Clubs start to embrace digitalisation, they look for smarter ways to improve the user experience for racket players. Playtomic’s mobile application for players, and software for club owners, provide a frictionless booking experience and superior match-making. With the additional funding from GP Bullhound and our other partners, Playtomic is in a strong position to further expand our services into new markets globally.”
Per Roman, Managing Partner at GP Bullhound, said: “After consolidating its position as the leading bookings platform worldwide, Playtomic has become a truly social app where racket sports lovers can interact and challenge each other. We are excited to see how the new capital is used to provide fans and clubs with state-of-the-art software, and to expand this great product into new geographies.”
We are proud to have supported Playtomic since its infancy; the capital for this financing round was provided through Fund IV and our Double Down Fund. GP Bullhound’s recent investments include Whoop, Patreon, DuckDuckGo, Discord, Revolut and Klarna among other.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com
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