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August 26, 2025 - Deals

Frances Tiafoe Leads $10 Million Seed Round For Pro Padel League Franchise New York Atlantics

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New York Atlantics (@NewYorkAtlantics), a Pro Padel League (PPL) franchise based in New York, NY, has closed a seed equity round led by tennis superstar Frances Tiafoe, valuing the team at over $10 million. The round also includes investors Maarten Paes, Gary Vaynerchuk, Left Lane Capital, and Litquidity, with Tiafoe joining the club’s senior leadership to provide strategic guidance. FUN FACT: First time a major current professional tennis star has teamed up with a franchise of the Pro Padel League (PPL). In addition to his investment, Tiafoe, currently world's #13th player, will provide strategic advice and guidance as a member of the club's senior leadership team INVESTORS: Frances Tiafoe, Maarten Paes, Left Lane Capital, Gary Vaynerchuk, & Litquidity ROUND: Seed VALUATION: $10,000,000 HQ: #NewYork #NY #NewYorkCity #NYC #VentureCapital #NewYorkAtlantics #TradedPartner #GaryV #LeftLaneCapital #Tiafoe #LeftLane #Litquidity #FrancesTiafoe #MaartenPaes #Litquidity #TradedVC