The Pro Padel League (PPL), the world's top professional padel league with 10 teams across the United States, Canada, and Mexico, has announced the closing of a $15 million Series A funding round led by Charlotte Hornets Co-Chairman & Governor Rick Schnall.

Additional participants in the round include original PPL lead seed investor Left Lane Capital, a venture capital and growth equity firm that has made several investments in emerging sports leagues, among others.

Founded in 2023, the Pro Padel League (PPL) is the world's leading professional padel league, featuring 10 teams across the United States, Canada, and Mexico. The league is comprised of the most talented players globally and provides a modern, equitable platform for both men's and women's competitions. PPL events reach 300 million households across more than 100 countries via world-class distribution partners. All PPL events and matches can also be viewed globally on the PPL's YouTube channel.