Playtomic Revenue, Valuation, Funding & Investors
Playtomic is valued at $270M as of March 2025, a 10.9x revenue multiple. Playtomic revenue was $25M, as disclosed with its latest round.
Last Playtomic valuation
$270M
Undisclosed stage · Mar 2025
Last Playtomic funding round
$60M
Undisclosed stage · Mar 2025
Playtomic revenue
$25M
Undisclosed stage · Mar 2025
Key investors in Playtomic
FJ Labs
GP Bullhound
Optimizer Invest
Bonsai Partners
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Hugo ArévaloClaret Capital Partners
About Playtomic
Playtomic is a Spanish sports-technology company based in Madrid that runs a booking app and community platform for padel, tennis and pickleball players and clubs. Players use the app to find and book courts, create private or public matches, join nearby games and track results, with a player-level estimation system matching them with opponents of similar ability. Clubs use its Playtomic Manager software to run bookings, memberships and operations, and coaches and academies use Playtomic Coach and Academy tools. By March 2025 the platform had 6,000 registered clubs and 1.5 million monthly active users worldwide, and Playtomic reported gross revenue of €240 million in 2024 and net revenue of €23 million, forecasting €350 million and €31 million for 2025; it had more than 200 employees. It earns commission on court bookings and matches paid through the app and charges clubs for its management software. Playtomic was co-founded by chief executive Félix Ruiz with Pedro Clavería and Pablo Carro. It raised €56 million in 2021 and, in March 2025, a €65 million round made up of €55 million of equity and €10 million of Banco Santander debt, with about a third earmarked for US expansion from Miami; in 2022 it bought a Finnish competitor.
Founded
2017
HQ
MadridWebsite
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Commission, Subscription
Revenue
$25M (Mar 2025)
Valuation
$270M (Mar 2025)
Playtomic Valuation
Playtomic is currently valued at $270M, based on its undisclosed-stage round in March 2025. Read the announcement ↗
The $60M round was led by Match Invest, with participation from Bonsai Partners, FJ Labs, Arconas funds and GP Bullhound.
Playtomic valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Mar 2025 | Undisclosed stage | $270M | 10.9x |
Playtomic Revenue
Playtomic's latest recorded revenue is $25M, as of its undisclosed-stage round in March 2025. At a $270M valuation, that implies a 10.9x revenue multiple.
Playtomic revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Mar 2025 | $25M | $270M | 10.9x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Playtomic Funding History
Playtomic has raised a total of $136M across 7 funding rounds.
Playtomic's first fundraising round was a $3M seed round in December 2016. The most recent completed round was a $60M undisclosed-stage round in March 2025.
Playtomic funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2025 | Undisclosed stage | Match Invest (lead); Bonsai Partners; FJ Labs; Arconas funds; GP Bullhound | $60M | $270M | Playtomic is the world’s largest global racket sports community platform, evolving from a booking app into a network connecting over 4.7 million players with 6,000+ partner clubs across 66 countries, focusing on sports like padel and expanding into pickleball. A later December 2025 community funding campaign raised over €5.1 million (~$6 million) through Crowdcube with 4,600+ investors, aimed at enhancing technology, operational capacity, international growth, and new sports development. As of September 25, 2025, Playtomic reported €346 million in transactions (+51% YoY) and €29 million in net revenue (+38% YoY), with double-digit growth in both metrics, operating profitably. The company emphasizes its community as the core engine, with users becoming co-owners via the campaign. Playtomic partners with PwC’s Strategy& on the Global Padel Report 2025, highlighting padel as the fastest-growing sport, projecting 70,000 courts by 2026, and providing market analysis, trends, player insights, and club success factors. Sources confirm strong market position in racket sports amid surging popularity, as noted in Garmin’s 2025 report with 67% growth. |
| Dec 2021 | Series C | GP Bullhound (lead); Claret Capital Partners; Optimizer Invest; Felix Ruiz Hernandez; FJ Labs | $64M | - | Playtomic is Europe's leading tennis and padel booking and social app, providing a mobile application for players and software for club owners to enable frictionless booking and matchmaking. On December 17, 2021, it raised $63 million (or €56 million) in a Series C round led by GP Bullhound, with participation from Claret Capital Partners, Félix Ruiz Hernandez, and Optimizer Invest. The funds are intended to expand services into new global markets, particularly in Europe and the US, while enhancing software for fans and clubs. As of November 2021, Playtomic reported over 1 million monthly court bookings, triple the volume from a year prior, across its app and acquired platforms. The company, founded in 2017 by Pedro Clavería, Félix Ruiz, and Pablo Carro, originated as a padel court booking app and later expanded to other racket sports. Prior rounds included €6M in 2019 and $2M in 2020. GP Bullhound supported Playtomic from early stages via Fund IV and Double Down Fund. |
| Apr 2020 | Seed | GP Bullhound (lead); Optimizer Invest; FJ Labs | $2M | - | - |
| Apr 2019 | Series A | GP Bullhound (lead); Optimizer Invest (lead); FJ Labs | $7M | - | Playtomic raised €6 million in April 2019 from lead investors GP Bullhound and Optimizer Invest, along with private investors. The Madrid-based sports tech startup operates a mobile app for booking tennis, padel courts, and football fields, with social features to connect players and form communities. At the time, Playtomic had 50,000 active users accessing 2,500 listed courts and fields, aiming to become Europe's leader in the sector the following year. |
| Jul 2018 | Seed | - | $1M | - | - |
| Jan 2018 | Angel | Hugo Arévalo | - | - | Hugo Arévalo became an investor in Playtomic during 2018 and has continued to advise the sports-technology company. Playtomic operates a booking and community platform for padel, tennis and pickleball players and clubs. Players use its application to reserve courts, find opponents, organize matches and track their level, while clubs use management software for bookings, memberships and day-to-day operations. The business earns commission from transactions made through the marketplace and recurring software revenue from venue operators. Playtomic has expanded internationally through organic growth and acquisitions of booking platforms in Europe, North America and other regions. Arévalo's investment added another direct technology holding alongside companies such as Glovo, Cabify and Job&Talent. His experience building consumer platforms and mobility businesses was relevant to Playtomic's marketplace expansion. The public work-history record identifies 2018 as the start of his investment relationship but does not name a specific financing round or disclose terms. |
| Dec 2016 | Seed | - | $3M | - | - |
Who has invested in Playtomic?
9 investors have backed Playtomic across its funding rounds, including FJ Labs, GP Bullhound, Optimizer Invest, Bonsai Partners, Hugo Arévalo and Claret Capital Partners.
Lead investors include Match Invest, GP Bullhound and Optimizer Invest.
Playtomic Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 New York City, NY | 4 | Participant | Apr 2019 | |
 London | 4 | Lead | Apr 2019 | |
 Stockholm | 3 | Lead | Apr 2019 | |
| Hugo Arévalo | Madrid | 1 | Participant | Jan 2018 |
| Madrid | 1 | Participant | Mar 2025 | |
| London | 1 | Participant | Dec 2021 | |
| Felix Ruiz Hernandez | Madrid | 1 | Participant | Dec 2021 |
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Start Free TrialAcquisitions by Playtomic
Playtomic has acquired 8 companies to date.
Last acquisition by Playtomic was on September 17th 2026. Playtomic acquired TIMP for undisclosed valuation.
Latest Acquisitions by Playtomic
| Description | TIMP is a Valencia software company founded in 2014 that helps sports, wellness and other appointment-based facilities run their businesses. The platform includes online booking, schedules, memberships, customer records, payments, accounting tools, communications and performance analytics. Facility owners and staff use the business application, while their customers can reserve classes or services through connected digital interfaces. TIMP sells tiered recurring software plans to professional operators and can support single venues as well as organizations with more complex requirements. Revenue comes principally from business subscriptions and related platform functionality rather than consumer advertising. The product expanded from appointment management into a broader operating system for multi-activity centers. Playtomic acquired TIMP in September 2026 to combine these management capabilities with its sports-booking network. | Sportclubby is an Italian sports-technology company based in Turin that runs a booking and management platform for sports and wellness facilities. Founded by Biagio Bartoli, its chief executive, and Stefano De Amici after 20 years of work digitising professional sport, it went live in August 2018 as a social app through which people book classes, courses and courts, and it entered the I3P incubator of the Politecnico di Torino in 2020. Its management software for clubs and studios handles customer records and communications, class timetables and bookings, memberships and loyalty programmes, accounting and payments and a personalised booking page, with versions for gyms, fitness boutiques, swimming pools, dance schools, CrossFit boxes, yoga and Pilates studios and physiotherapists. By January 2024 it had become the leading sports and wellness booking platform in Italy, with more than 1,000 clubs and 1.5 million users. It raised €950,000 from Finpiemonte and LigurCapital in 2021 and €1.5 million from Wylab and a pool of investors in 2022, about €4.5 million in total across its rounds. In January 2024 it was acquired by Playtomic, the Madrid-based racket-sports booking app, to combine the two largest padel and tennis communities in Italy under the Playtomic brand, while the Sportclubby software continues to serve fitness and wellness businesses. | AirCourts is a leading platform for sports facility reservations and club management in Portugal. Launched in 2015, it connects over 350 clubs with more than 500,000 registered players through an online marketplace and management software. The Lisbon-based company streamlines court bookings, operational workflows, and customer acquisition for padel, tennis, and squash venues. Players access real-time availability and secure payments via web and mobile apps. Profitable since 2017 after an angel round in 2016, AirCourts expanded to serve facilities nationwide. | network-sports is a German sports-club software company based in Waiblingen that developed network-booking, an online reservation system for sports clubs. The system lets tennis, padel and squash clubs, or an entire sports facility, manage court reservations and occupancy online, and members can book courts at any time through the web or a mobile app. Add-on modules cover work-duty and event management, club rankings and finding playing partners, while a payment module bills guest players, indoor-court fees and clubhouse rentals by invoice, PayPal, credit card, direct debit or Klarna. Clubs started with a free demo tailored to their setup and then paid for the software, and the company said it had built its product on feedback from more than a hundred tennis clubs. It was an official cooperation partner of the Baden Tennis Federation (Badischer Tennisverband). The business was operated by Weimer und Teller – Web Applikationen GbR, whose partners were Moritz Weimer and Tim Teller. Since April 2022 network-sports has belonged to the racket-sports booking platform Playtomic, and its client clubs were moved onto Playtomic's club manager software. | |
| HQ Country | |  |  |  | |
| HQ City | Valencia | Turin | Porto | Waiblingen | |
| Deal Date | 17 Sep 2026 | 15 Jan 2024 | 24 May 2023 | 31 Mar 2022 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Playtomic Competitors
Playtomic competitors include listed companies like ZIGExN, ThredUp and Gloo, and private ones like HUNGRY, Gathern and Artsy.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Private | $15M | - | $270M | - | |
 Japan | Publicly listed | $185M | $37M | $273M | 1.1x | |
 Riyadh | Private | - | - | $267M | - | |
| United States | Publicly listed | $311M | ($5M) | $274M | 0.8x | |
| New York City, NY | Private | - | - | $275M | - | |
| United States | Publicly listed | $95M | ($136M) | $266M | 1.7x |
Playtomic Public Comps
Playtomic is still privately-owned, but its public comps include ZIGExN, ThredUp, Gloo, Colab Platforms, Socar, EaseMyTrip, One Career, trivago, Everyday Network Co. and Quick Co..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $185M | $37M | 1.2x | 1.1x | 6.1x | 4.5x | |||
| $311M | ($5M) | 0.9x | 0.8x | (51.1x) | 17.3x | |||
| $95M | ($136M) | 3.2x | 1.7x | (2.2x) | (8.4x) | |||
| $17M | $159K | 15.9x | - | 1671.2x | - | |||
| $352M | $73M | 1.4x | - | 6.6x | - | |||
| $56M | ($5M) | 4.2x | - | (47.6x) | - | |||
| $48M | $14M | 4.9x | 3.4x | 16.4x | - | |||
| $614M | $13M | 0.2x | 0.2x | 9.0x | 3.8x | |||
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Common questions about Playtomic
| When was Playtomic founded? | Playtomic was founded in 2017. |
| Where is Playtomic headquartered? | Playtomic is headquartered in Madrid, Spain. |
| Is Playtomic publicly listed? | No, Playtomic is a private, VC-backed company. |
| What is Playtomic's valuation? | Playtomic was last valued at $270M in its undisclosed-stage round in March 2025. |
| How much funding has Playtomic raised? | Playtomic has raised $136M across 7 funding rounds. |
| What was Playtomic's last funding round? | Playtomic's last funding round was a $60M undisclosed-stage round in March 2025, led by Match Invest. |
| Who are Playtomic's investors? | Playtomic's investors include FJ Labs, GP Bullhound, Optimizer Invest, Hugo Arévalo, Bonsai Partners, Claret Capital Partners, Felix Ruiz Hernandez, Match Invest and Arconas funds. |
| What is Playtomic's revenue? | Playtomic's latest recorded revenue is $25M (March 2025). |
| What is Playtomic's revenue multiple? | Playtomic's latest valuation implies a 10.9x revenue multiple ($270M valuation on $25M of revenue). |
| Which companies are comparable to Playtomic? | Companies comparable to Playtomic include HUNGRY, ZIGExN, Gathern, ThredUp, Artsy and Gloo. |
| How many companies has Playtomic acquired? | Playtomic has acquired 8 companies, including TIMP, Sportclubby, AirCourts, network-sports and GotCourts. |
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