Tennis star Andre Agassi leads $20 million investment in Ballers, a multisport members' club
Briefly

Ballers is a new social multisport venue and members' club in Philadelphia, aiming to enhance social interaction through sports. Recently, it secured a $20 million Series A investment led by tennis legend Andre Agassi, just ahead of its opening in July. The venue will boast facilities for popular social sports, including pickleball, squash, and padel, alongside a golf practice area and large turf field for soccer. Co-founders David Gutstadt and Amanda Potter emphasize the importance of culture and hospitality, offering not just sports but also dining and social events, transforming traditional competition into a community-driven experience.
"These are all social sports," cofounder David Gutstadt tells Fast Company. "They're cool, relevant, elevated, but most importantly social."
"As consumers seek richer social interactions, competition has evolved from pastime to platform," Lloyd Danzig, managing partner at Sharp Alpha, wrote to Fast Company.
Read at Fast Company
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