NEWS
5/1/2026AI summary
Pickleball Inc. Raises Record $225 Million Investment, Valued at $750 Million
Pickleball Inc., parent company of Major League Pickleball and the PPA Tour, has raised a record $225 million in new investment from Apollo Sports Capital and Dundon Capital Partners. The funding brings total investment to $315 million and values the company at $750 million. The deal consolidates multiple pickleball assets including Pickleball Central, PickleballTournaments.com, and Just Courts, creating the largest pickleball ecosystem to date. The company reported over $140 million in 2025 revenue with 24 million U.S. players.
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CNBC US Markets2 min read