RacketPal, a London-based start-up, is on a mission to help more than 1 billion racket sports players and enthusiasts meet their perfect playing partners. The team has successfully closed its first pre-seed funding round worth £150,000.
Focusing on racket sports players and their needs, the app aims to offer users an even more personalised experience, aid them in finding same level sports partners, play more matches and improve their skill level.
To achieve this goal, RacketPal has secured £150,000 from David Kasper, a Czech-born investor, active in the fintech space yet also an avid tennis player with a passion for sport and technology.
CEO Robert Rizea said, “We are extremely excited to partner with David and start our journey towards becoming the world’s largest online sporting community for amateurs. There are over 1 billion people in the world who find it very difficult to meet partners near them, at a similar standard and available to play. This is exactly why we’re here and we’re
determined to help them all.”
CTO Bogdan Demeny commented, “This funding round will allow us to use the best available technology and create a product that responds to racket sports players’ needs. It’s an exciting time and I’m very much looking forward to bringing a great deal of innovation to our users.”
RacketPal Investor David Kasper added, “I am a big tennis and racket sports enthusiast and a true believer in the power of technology to foster global sporting communities for people of all skills. This is why after seeing RacketPal’s pitch and traction it only felt natural to get behind Robert, Bogdan and their team.
“I’m particularly excited about their vision and mission to become the biggest online sports community, and it’s a great pleasure to be part of such an exciting journey from the very beginning. I can’t wait to see what the future has in store for RacketPal.”
The funds will be used to support the growth of the RacketPal team and to accelerate product development.