logo
logo

Ballers has raised $20M in a Series A round led by Sharp Alpha and RHC Group, with notable investors including Andre Agassi and David Blitzer.

Jun 09, 2025•about 2 months ago

Amount Raised

$20 Million

Round Type

series a

PhiladelphiaSports

Investors

Maarten PaesConnor GarnettSloane StephensKim ClijstersDavid BlitzerAndre AgassiRhc GroupSharp Alpha

Description

Ballers, a social club focused on racket sports, has raised $20 million in a Series A funding round. The round is led by Sharp Alpha and RHC Group, featuring a diverse group of professional athletes and investors. CEO David Gutstadt envisions an innovative combination of sports and socializing. The first Philadelphia location is set to open soon, following a successful pop-up last summer.

Company Information

Company

Ballers

Location

Philadelphia, Pennsylvania, United States

About

Ballers is bringing country club sports to the city. Our first location in Philadelphia's iconic Battery building will feature pickleball, padel, golf, squash, and soccer - as well as an upscale bar & restaurant, luxe spa amenities, and event spaces.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech