{"id":116846,"date":"2025-09-03T13:53:11","date_gmt":"2025-09-03T13:53:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/116846\/"},"modified":"2025-09-03T13:53:11","modified_gmt":"2025-09-03T13:53:11","slug":"blue-jeans-golf-announces-20m-in-series-b-fundraising","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/116846\/","title":{"rendered":"Blue Jeans Golf announces $20M in Series B fundraising"},"content":{"rendered":"<p class=\"c-paragraph sections-finance \">Blue Jeans Golf announced today that it has closed the first round of its $20M Series B fundraising, led by Old Tom Capital and Creator Sports Capital. Blue Jeans Golf plans to use the funds to expand the reach of its Golf Ranch brand by acquiring up to 12 sites nationwide for new driving ranges by the end of 2026. They currently have locations in Brookfield, Conn., Shoal Creek and Lee\u2019s Summit, Mo., and Richardson, Texas. They have also recently finalized acquisitions of ranges in Glendale, Ariz. and Grand Prairie, Texas. <\/p>\n<p class=\"c-paragraph sections-finance \">Co-founders Devin Charhon and Michael Canfield described the mission of Golf Ranch as \u201ctransforming the driving range into golf\u2019s home base\u201d as part of the \u201cGolf Lite\u201d space, which seeks to make golf more accessible to new players. Both men previously held positions with TopGolf.<\/p>\n<p class=\"c-paragraph sections-finance \">Old Tom Capital has previous investments in other upstart golf companies, including Good Good Golf, who also <a href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/03\/20\/good-good-golf-raises-45m-in-new-funding-round\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/03\/20\/good-good-golf-raises-45m-in-new-funding-round\/\">recently received a $45M investment from Creator Sports<\/a>.<\/p>\n<p class=\"c-paragraph sections-finance \">\u201cThere\u2019s this interesting intersection here where what we\u2019re doing at Golf Ranch is creating this in real life physical experience of Golf Lite, and then you have Good Good Golf who are leaders in the golf creator economy,\u201d Canfield told SBJ. \u201cIt creates a really nice intersection of customers.\u201d<\/p>\n<p class=\"c-paragraph sections-finance \">No agencies were involved in the deal as Blue Jeans Golf had previous relationships with both firms. <\/p>\n<p class=\"c-paragraph sections-finance \">Charhon said that their goal beyond 2026 is to expand up to 50 sites and 100,000 members. <\/p>\n","protected":false},"excerpt":{"rendered":"Blue Jeans Golf announced today that it has closed the first round of its $20M Series B fundraising,&hellip;\n","protected":false},"author":2,"featured_media":116847,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[443],"tags":[49,48,1639,622,82,2927],"class_list":{"0":"post-116846","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-golf","8":"tag-ca","9":"tag-canada","10":"tag-deals","11":"tag-golf","12":"tag-sports","13":"tag-startups"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/116846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=116846"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/116846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/116847"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=116846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=116846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=116846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}