RALEIGH – Startup TopCourt is apparently serving up potential aces when it comes to pitching investors.
The Raleigh firm, which focuses on tennis instruction and launched last year, is looking to raise $6 million in new capital. And a new securities filing shows that 13 investors have signed on already for nearly $740,000 in equity.
The first “sale” in the round came on Jan. 7.
TopCourt promises that customers will “learn tennis from the world’s best.”
Last June, the firm formally officially launched after closing on $1.25 million in seed series funding.
“The team is incredibly excited about the immediate traction and excitement that’s happening,” its co-founder and former UNC-Chapel Hill tennis player Taylor Meyer, 29, told WRAL TechWire by email, at the time. “We’re receiving testimonials daily from users across the globe.”
TopCourt is a digital learning platform that is partnering with some of the world’s top ranked professionals to offer fans “an authentic look” into the life, mind, and performance of the game’s top professionals. Unlimited access to 20-plus professionals starts at $15/month (billed annually).
Early investors included Scott Scherr (founder, NASDAQ: ULTI), Jimmy John (founder, Jimmy Johns), and Raleigh-based Hyperspace Ventures, a software development and venture capital firm that Meyer helped found in 2017.
TopCourt, an online platform for tennis players, launches after raising $1.25M
