Traded Co logo
Submit a Deal

Got News?

For deals go here

Sequoia-backed PingPod Expands Miami Sports Scene with Automated Ping Pong Venues Post $10M Series A

Sequoia-backed PingPod Expands Miami Sports Scene with Automated Ping Pong Venues Post $10M Series A
Traded Media
by Traded MediaShare

PingPod Inc., a table tennis startup from New York, is expanding its innovative concept to the vibrant city of Miami. On January 19, PingPod will unveil PingPod Brickell and PingPod Wynwood, offering enthusiasts a unique experience in two distinct locations. This move marks a strategic step for PingPod, known for its automated table reservation system that allows users to book a ping pong table 24/7 through a user-friendly app.

Automated Ping-Pong Oasis in Brickell

The Brickell location, situated within the AC Hotel complex at 115 S.W. Eighth Street, boasts four tables for enthusiasts to enjoy. PingPod Brickell introduces a tech-savvy approach to table tennis, allowing players to effortlessly reserve their spot and unlock the door to their ping pong haven using the dedicated app.

Wynwood Welcomes PingPod's Table Tennis Revolution

In the heart of the Wynwood Arts District, PingPod Wynwood, located in the Strata Wynwood building at 2201 N. Miami Ave, offers a distinctive experience with four tables, including a private pod. PingPod Wynwood not only caters to ping pong enthusiasts but also provides a unique space for those seeking a more private gaming experience.

Revolutionizing Table Tennis without On-Site Staff

Unlike traditional athletic ventures, PingPod stands out by not requiring on-site employees, a factor that attracted $10 million in Series A funding from investors like Sequoia Heritage and KittyHawk Ventures. PingPod's cost-effective model ensures a seamless experience for customers, with only one general manager overseeing both Miami locations. Independent contractor coaches manage the gaming spaces, while security and surveillance are entrusted to external specialists.

Miami's Ping Pong Renaissance

PingPod's decision to open two locations in Miami reflects the city's recent surge in population and business activity. Miami's Brickell Financial District and Wynwood Arts District were chosen strategically due to their prominence in the city's landscape. With its arrival, PingPod aims to fill the perceived void in Miami's ping pong scene, offering a tech-driven and convenient approach to the beloved sport.

Published: January 18, 2024

Explore recent deals in Florida