GolfSuites (2025)
About this raise
GolfSuites is raising funds through Reg A+ crowdfunding with Manhattan Street Capital as the Broker-Dealer. The company offers golf entertainment, events, performance, improvement, and fun for golfers through its hybrid concept. GolfSuites also hosts events for corporate and social gatherings in more than 400 cities. The entertainment centers of GolfSuites enable high-tech gamified golf in climate-controlled environments and spaces for social and corporate functions. Gerald Ellenburg founded GolfSuites in 2018. The current crowdfunding campaign has a maximum target of $33 million. The campaign proceeds will be used to purchase, rebrand, or renovate existing facilities and fund the construction and development of a golf driving range and entertainment centres, marketing, and operational expenses.
Investment Overview
Committed : $1,025,763
Deal Terms
Total Commitments
- Platform
- Manhattan Street Capital
- Start Date
- 03/26/2025
- Close Date
- Not Provided
$750
$33,000,000
$750
Equity - Common
Growth Stage
RegA+
$15.00
$288,856,050
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue -37.9% YoY
-
$5,502,120
as of Mar '25
-
Cash on Hand
-
$46,000
as of Mar '25
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $8,450,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/26/2026 | Manhattan Street Capital | $288,856,050 | $1,025,763 | Equity - Common | Active | RegA+ |
| 05/23/2023 | Dalmore Group | $231,756,288 | $1,922,778 | Equity - Preferred | Funded | RegA+ |
| 12/21/2022 | Dalmore Group | $229,103,337 | $3,360,876 | Equity - Preferred | Funded | RegA+ |
| 02/18/2022 | Dalmore Group | - | $3,756,079 | Equity - Preferred | Funded | RegA+ |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.