RacketPal raises £150,000 in pre-seed round to help racket sports players in the UK find their perfect partners
London, 09 July 2020. 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 is excited to announce the successful closing of our 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. The funds will be used to support the growth of our team to accelerate product development and make it fit to the needs of even more racket sports players in the UK and around the world.
“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.” said Robert Rizea (CEO)
“This funding round will allow us to use the best available technology and create a product that responds to racket sports players’ needs. We’re now in a position where we can attract new great talent to complement and enhance our current skill sets. It’s an exciting time and I’m very much looking forward to bringing a great deal of innovation to our users.“ said Bogdan Demeny (CTO)
“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.” David Kasper (RacketPal Investor)
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— Notes to editors —
About the Company. RacketPal was set up in London in July 2019 by two co-
founders: Robert Rizea (CEO) and Bogdan Demeny (CTO). The RacketPal app is available for both iOS and Android devices and it allows users to search, meet and organise matches with other tennis / badminton / squash / table tennis / padel players and coaches based on location, skill level and availability. RacketPal has already helped more than 10,000 Londoners find their perfect partners and continues its expansion to become the largest online sporting community in the world.
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