Open Padel

What Open Padel does

Open Padel (legal entity: Nordic Padel Oy) is a Finnish padel-center operator founded in 2018 and headquartered in Vantaa. The company runs 8 physical padel centers across four cities — Helsinki (4), Vantaa (3), Espoo (1) and Salo (1) — totaling more than 50 padel courts, supported by 19 coaches and an 11–50-person staff. The facilities are positioned at the premium end of the market, featuring Mondo and Supercourt surfaces and Trackman golf simulators at the Kaivoksela site.

Revenue is generated through a multi-stream model: per-court rental (€20–€52/hour), tiered memberships (€72–€149/month), the Summer Card subscription product, paid coaching, equipment retail, corporate events with capacity up to 300 persons, and golf simulator utilization. The operator runs 33 weekly recurring events, 17 league teams, and WhatsApp-based community groups, targeting five customer segments: individual recreational players, corporate clients, youth, seniors, and social groups. Booking, league, and tournament infrastructure is delivered through the third-party MATCHi platform rather than proprietary software.

A material event shaping the current outlook is the company's confirmed entry into a formal Finnish corporate restructuring program (saneerausohjelma) as of June 9, 2026, signaling a creditor-protected financial workout. Operationally the firm continues to invest — a partnership with the Finnish padel association Smash ry takes effect August 3, 2026, junior camps have been launched with T2H, and new pricing and simulator products are in market — consistent with a turnaround posture under financial constraint rather than a passive wind-down. The market context is favorable at the category level, with 100,000+ padel practitioners nationwide, but company-level execution and balance-sheet repair are the binding constraints on near-term value creation.

Name

Open Padel

Legal name

Nordic Padel Oy

Website

https://openpadel.fi

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Open Padel (Nordic Padel Oy) is a Finland-based padel-center operator founded in 2018, running 8 premium facilities and 50+ courts in Helsinki, Vantaa, Espoo, and Salo, serving individual players, corporate clients, youth, and seniors via court rental, memberships, coaching, events, and equipment.

Ownership category

akta.pro rank

Headquarters

HQ city

Vantaa

HQ country

Finland

HQ region

Europe

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Court Rental: Hourly rental of padel courts with time-based pricing. Peak hours (weekday evenings) command higher rates than off-peak times (mornings, late nights, weekends). Prices vary by location, with cheapest options at Jakomäki (from €20/hour during off-peak).
2. Membership Subscriptions: Monthly subscription tiers (Belong €129-149/mo, Stay €82-92/mo, Play €72-82/mo) offering unlimited court access during specified time windows. No commitment required for most tiers.
3. Summer Card: Seasonal card valid for summer 2026 (June 19 - July 31) allowing unlimited play for €0 own share on drop-in sessions at all 8 centers.
4. Coaching Services: Individual and group coaching sessions, beginner courses (Parts I and II), and weekly group training with certified coaches. Private lessons and coaching packages available.
5. Equipment Rental and Sales: Racket and ball rentals, padel equipment retail through padeltarvike.fi shops at multiple centers. Equipment discounts for members.
6. Event Hosting: Private events including birthdays, stag/hen parties, corporate events, and team building. Catering for up to 300 people, with optional padel tournaments, golf simulators, saunas, and bar services.
7. Golf Simulator Sessions: Trackman golf simulator bookings at Kaivoksela center, available for individual practice, events, and corporate entertainment.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Open Padel operates a network of indoor and outdoor padel courts across 8 centers in Finland (Helsinki, Espoo, Vantaa, Salo), offering hourly court rentals, professional coaching for all skill levels, weekly tournaments and leagues, junior summer camps, equipment rental and retail, and private/corporate event hosting with catering for up to 300 guests. Court reservations are handled via the MATCHi digital platform, and select centers feature Trackman golf simulators as an additional activity.

Product overview

Open Padel operates a Finnish padel court network (branded under Nordic Padel Oy) offering indoor and outdoor padel court rentals across 8 centers in Helsinki, Espoo, Vantaa, and Salo. The portfolio is structured around the core court-rental business, supplemented by coaching programs, weekly events and leagues, corporate/private event packages, junior camps, golf simulators (Kaivoksela), monthly subscription cards (Belong/Stay/Play), seasonal summer passes, and annual memberships. Court reservations are handled exclusively via the MATCHi third-party booking platform. The company also operates equipment rental and pro shops at select locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Padel Court Rentals (Indoor)

Quantifiable outcome

• 100,000+ active padel practitioners nationwide
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Smash rycoreStrategic or Co-development Partner · 3 August 2026Partnership starting August 3, 2026 at Myllypuro center where Smash ry operates courts 4-7 while Open Padel operates courts 1-3 and 8. Restaurant, customer service, and padel equipment sales remain with Open Padel. Collaboration enables joint use of all 8 courts for events, coaching, and national competitions, bringing more activities to the center.
• MATCHicoreTechnology or IntegrationMATCHi is the primary digital booking platform for Open Padel, providing court reservation, event management, and coaching booking functionality via app and web. All centers integrate with MATCHi for real-time availability and booking confirmations.
• T2H Ihania kotejaminorStrategic or Co-development PartnerPartner for Padelsankarit (Paddle Champions) summer camps for children aged 8-15. Camps held at Vallila and Kaivoksela centers in June 2026. T2H provides operational support for youth camp programs.
• Exercise Benefit Providers (Epassi, Smartum, Edenred)minorChannel Partner/ Reseller/ DistributorIntegration with major Finnish exercise benefit providers allows customers to pay for court bookings, coaching, and equipment using Epassi, Smartum, and Edenred benefits. Also enables purchase of Summer Cards and equipment using these payment methods.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Others

• MATCHi: MATCHi is the Swedish court-booking platform on which Open Padel runs all of its reservations. Not a direct competitor, but a critical infrastructure partner and a relevant comparable for the booking-platform layer of the padel stack.
• Playtomic: Playtomic is a leading global padel and tennis court-booking app. Not a competitor to Open Padel directly, but represents the dominant alternative booking platform in Europe and shapes the broader padel booking ecosystem.

Regional players

• Kotipadel: Kotipadel is a Finnish padel venue operator competing in the same Finnish market. Comparable to Open Padel as a domestic padel chain targeting Finnish consumers in the same Helsinki-area addressable market.

Emerging players

• Padel Haus: Padel Haus is an emerging padel club operator focused on premium indoor venues. Comparable to Open Padel as a multi-center padel operator pursuing a premium-spec facility strategy, though at smaller current scale.

Direct peers

• PDL Center: PDL Center is a Swedish padel club chain with multiple venues and a similar multi-center operating model. It is one of Open Padel's closest Nordic comparables given comparable geography (Nordics), scale, and padel-only focus.
• Letz Padel: Letz Padel operates a European padel club network across multiple countries. Comparable to Open Padel as a multi-venue padel operator building a community/event-driven membership business.
• Padel Nuestro: Padel Nuestro is a Spanish-origin padel club and equipment retail chain. Comparable to Open Padel because it combines club operations with retail (similar to Open Padel's padeltarvike.fi shops) and runs a multi-center network.
• Padel Smash (Smash Padel): Padel Smash is a European padel club operator with multi-venue presence. Comparable to Open Padel as a community-driven padel operator; Smash ry is also explicitly Open Padel's operational partner at Myllypuro.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/openpadelfi
• Facebookfacebook.com/openpadelfi

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Open Padel