Poolhouse Raises $55 Million at $100 Million-Plus Valuation to Expand Tech-Infused Pool
Updated
Updated · The New York Times · Jul 17
Poolhouse Raises $55 Million at $100 Million-Plus Valuation to Expand Tech-Infused Pool
1 articles · Updated · The New York Times · Jul 17
Summary
$55 million in new funding will help Poolhouse expand beyond its own venues and roll out its pool technology more widely, with Bluestone Equity Partners leading the round.
The two-year-old startup opened a two-story, 21,000-square-foot bar in London two months ago as an early showcase for a model that blends cue sports, hospitality and tech.
Poolhouse was valued at more than $100 million in the financing, according to a person familiar with the matter.
The company is betting cue sports can follow a Topgolf-style path, with the British entrepreneurs behind Topgolf aiming to modernize a game they say attracts hundreds of millions of weekly players worldwide.