Overview
- NowaisWorld and Stryde Ventures led the oversubscribed round, with participation from 305 Ventures, High Water Venture Partners, Lane Holdings, Off Court Ventures, Silverback Capital Group, and several angel and athlete backers.
- Epic Padel plans to use the capital to open four to six additional clubs after its North Carolina pilot, targeting markets such as Virginia, Milwaukee/Wisconsin, South Carolina, and Utah.
- Founded by Maryam Al Muslehi and Hala Sarkis, the company is pursuing a vertically integrated model spanning club operations, league and team stakes, and padel technology.
- The rollout includes repurposing underused real estate like racquet clubs, parking lots, and warehouses into venues, often without requiring capital from property owners.
- Participation initiatives in development include a College Padel League and a Zero.40 membership app powered by Clutch AI and Red Padel, set against a U.S. market with fewer than 700 courts.