Pickleball Inc. has led a Series B round of funding for The Picklr, a North American franchise of indoor pickleball courts, with free leagues, tournaments and clinics. The company has now brought in $9 million, raising its valuation to about $59 million.
In a little more than a year, The Picklr has sold about 300 franchises, bringing 92 clubs under contract. This year, another 38 will open, and 72 are slated to follow in 2025. Within nine months, there will be The Picklr clubs in 29 US states. By early next year, that figure will rise to 32, and The Picklr will then be able to claim that it has more indoor pickleball cubs than any other entity on the planet.
The company will be promoted on the Carvana Professional Pickleball Association (PPA Tour), which – like Pickleball Central, Pickleball Brackets / Pickleball Tournaments, PickleballTV, Pickleball.com and TopCourt – is under the ownership of Pickleball Inc. The Picklr will sell apparel from its sister company, Stack Athletics, at its indoor courts.
