Riga, Latvia — 03.09.2025 — Tournated, the all-in-one white-label as a service sports management software platform, has successfully closed a $750,000 strategic funding round, marking a major step toward its mission of becoming the global leader in sports digitalization.

Strategic Investors

The round brings together a diverse group of strategic investors who will play a key role in Tournated’s expansion:

• An international padel organization (to be named later), with whom Tournated will expand its solution in padel globally, accelerating adoption within one of the world’s fastest-growing sports.
• Shijiazhuang Chaofeng Sports — a major player in the Asian sports industry. As a leading distributor of racket sports and nutrition products, and the driving force behind the Maxwill and Chaofeng Sports brands, the company has deep ties to world-class table tennis and pickleball organizations. With a long-standing commitment to athletic excellence across the region, Chaofeng Sports is uniquely positioned to drive Tournated’s adoption across Asia.
• Scandiweb — Europe’s leading eCommerce and digital transformation agency, trusted by Fortune 500 companies and global brands to deliver scalable technology solutions. With over 20 years of experience in building, optimizing, and scaling complex digital platforms, Scandiweb’s executives will act as tech advisors, supporting Tournated in strengthening its infrastructure and accelerating international growth.

Empowering Sports Organizations Worldwide

Tournated provides a white-label, all-in-one platform that empowers sports organizations to manage, grow, and monetize their operations more efficiently, keeping ownership of their brand and data. The software enables federations, clubs, and event organizers to:

• Launch custom digital platforms (web and mobile)
• Automate the management of circuits, leagues, tournaments, and clubs
• Streamline governing operations, licensing, and payments
• Enhance athlete and audience engagement
• Build their own marketplace for sports services

With its “Shopify for Sports Management” approach, Tournated consolidates scattered tools into one streamlined hub, giving organizations control over data, branding, and monetization.

Rapid Global Expansion

Since launching in September 2024, Tournated has achieved rapid traction, operating in 50+ countries and across 10+ sports, and has been recognized as the leading pickleball software in Europe, Asia, and Africa.

Major sports organizations using Tournated include: Pickleball World Rankings, Confederation of African Pickleball, RTA Pickleball Tour (the leading pro tour in Europe), World Street Workout and Calisthenics Federation, Rankiaopr (a marketplace with seven sports in Puerto Rico), Japan Pickleball Association, Polish Pickleball Association, Latvian Tennis Federation (tennis, padel, beach tennis), Lithuanian Tennis Federation, Lithuanian Padel Federation, Cyprus Tennis Federation (tennis, padel, beach tennis), Georgian Tennis Federation, Latvian Volleyball Federation, Latvian Chess Federation, Latvian Triathlon Federation, Latvian Sport Fishing Federation, Swiss Pickleball Association, Czech Pickleball Association, Hungarian Pickleball Association, Lithuanian Pickleball Federation, Latvian Pickleball Federation, Pickleball Croatia, GPADEL (the leading padel clubs network in Italy), VPADEL (the leading padel clubs network in India), Beach Tennis Reunion, Beach Tennis USA, and another large U.S. sports governing body currently in the process of onboarding.

In total, Tournated is being used by 300+ sports organizations and 50,000+ competitive athletes worldwide.

Athlete-Founded, Sports-Built

Tournated was founded by Latvian and Latvia-based ex-professional athletes and sports developers — Nikita Ribakovs, Julia Chubarova, Mihails Samoilovs, and Roberts Ribakovs — who together are Latvian champions across eight different sports. Their first-hand experience ensures the platform is designed to solve the real challenges federations and organizations face in the digital age.

Looking Ahead

With this new round of funding and strategic partnerships, Tournated will:

• Expand its presence across the Americas and Asia
• Scale its infrastructure with the support of Scandiweb’s tech advisors
• Strengthen its leadership in racket sports while accelerating growth in other disciplines
• Empower more governing bodies and sports organizations to launch independent digital ecosystems

“Sports organizations deserve more than outdated tools or marketplaces where they lack control over their identity, data, and financial benefits. With this round, we are doubling down on our mission to make Tournated the global standard for sports management — empowering governing bodies and organizations that value brand ownership, independence, and monetization opportunities,” said Nikita Ribakovs, Founder & CEO of Tournated.