To promote the expansion of padel tennis in North America, Epic Padel Inc. has raised $4.5 million from investors. The money will go toward creating new padel clubs and funding padel-related businesses in an effort to increase the sport’s accessibility throughout the continent.
“We have a total of 12 that are slated to open by the middle of next year in various states, and we have LOIs on an additional 50 sites,” stated Tim Bainton, Chief Operating Officer of Epic Padel, in reference to his plans for the sport’s growth.
Significant delays in obtaining permits have hindered the company’s initial aspirations to operate 250 padel courts by the end of next year. “At a bare minimum, we’ll have 100 courts open by the end of 2025,” Bainton said, expressing his optimism.
Creating hybrid clubs with both indoor and outdoor courts is part of Epic Padel’s approach, which frequently involves reusing parks and parking lots. Bainton emphasized the company’s dedication to sustainability and accessibility, with the goal of introducing padel to underserved areas and rapidly expanding suburbs.
Additionally, the investment will support a number of padel club concepts, including BOND Life Club in Miami and New York City, and Padel39 in Austin, Texas. With these efforts, Epic Padel aims to establish itself as a major player in the padel ecosystem and the biggest operator of padel clubs in North America.
