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Pingpod Closes $10 Million Series A Funding For Expansion

Mar 16, 2022over 3 years ago

Amount Raised

$10 Million

Round Type

series a

Description

PingPod®, the 24/7 autonomous Table-Tennis-On-Demand® concept with three NYC locations currently open, three more in the pipeline, and a Philadelphia location set to launch this spring, has raised $10 million in a Series A funding round led by Sequoia Heritage. KittyHawk Ventures and Draper Gain Family Office also participated in the round.

Company Information

Company

Ping Pod

About

PingPod uses technology to make the booking process easier and enhance the playing experience with digital features such as instant replay and automated scoreboards. “PingPod was resilient throughout COVID because our autonomous setup allows customers to enjoy an already socially distant sport in a contactless fashion.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech