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Pro Padel League Secures $15 Million to Expand Events

3/24/2026

24 5 Full Breakdown

Summary

Story summary

The Pro Padel League announced a $15 million Series A led by Rick Schnall, Hornets co-chair, after a $10 million seed round in 2025.
The funds will strengthen the league's infrastructure and expand events.
Founded in 2023, the league has 10 teams across North America.
Padel is growing, with a $2 billion market.
Michael Dorfman, CEO of the Pro Padel League, highlighted networking and business opportunities and likened padel to golf.

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Story summary

The Pro Padel League announced a $15 million Series A led by Rick Schnall, Hornets co-chair, after a $10 million seed round in 2025.
The funds will strengthen the league's infrastructure and expand events.
Founded in 2023, the league has 10 teams across North America.
Padel is growing, with a $2 billion market.
Michael Dorfman, CEO of the Pro Padel League, highlighted networking and business opportunities and likened padel to golf.