Guests gather at Golf Ranch locations to socialize, enjoy, and play golf.
Golf Ranch
Blue Jeans Golf has completed the first phase of a $20 million Series B funding round, led by Old Tom Capital and Creator Sports Capital. This investment aims to support the national expansion of its innovative Golf Ranch concept, which merges traditional golf elements with entertainment.
The funds will facilitate the acquisition and development of new sites, enabling Golf Ranch to scale from its existing four locations to potentially 12 by the end of 2026.
Founded in 2021 by former Topgolf team members Devin Charhon and Michael Canfield, Blue Jeans Golf aims to create the “Golf Lite” category through strategic investments and innovation. This category emphasizes tech-driven driving ranges, short courses, and Par 3 formats, blending the authenticity of traditional golf with the ease and expansiveness of off-course options.
“Golf Ranch is the definitive leader in the Golf Lite sector, showcasing a repeatable model, exceptional team, and a visionary long-term strategy,” stated Evan Roosevelt, managing partner at Old Tom Capital, which focuses on the future of golf investments. “We view this as a prime investment opportunity in the sport—resilient, community-focused, and scalable.”
Golf bays lined up at a Golf Ranch location.
Golf Ranch
According to a recent report by Old Tom Capital, the Golf Lite sector presents the highest margins and the most scalable, underdeveloped opportunities in the golfing community today. “Golf is undergoing a generational transformation, and we are thrilled to invest in a category that ushers the game into the future,” noted Charhon, co-founder and CEO of Blue Jeans Golf. “Golf Ranch merges technology, community, and an approachable playing experience designed to attract and retain golfers for life.”
Community-Centric and Scalable Approach
Series B funding is crucial for established startups to secure growth capital from venture investors. The funding is provided by firms with deep expertise in the golf industry, including Old Tom Capital and Creator Sports Capital, the latter known for supporting the successful golf brand Good Good Golf. Golf Ranch aims to excel in a different niche.
“They’ve successfully developed a model that is not only scalable and community-oriented but also enhances the enjoyment of the game,” remarked Brian Kabot, co-managing partner at Creator Sports Capital. “We see the future where content and community merge at physical venues, and Golf Ranch is leading the charge.”
Players at a Golf Ranch tech-enabled driving range.
Golf Ranch
The Series B round follows a recently closed $15 million debt facility to fund projects in Arizona and Texas, aimed at helping Golf Ranch grow into one of the largest driving range membership communities in the U.S.
Canfield, co-founder and CFO of Blue Jeans Golf, emphasized that the expertise and networks from Old Tom Capital and Creator Sports Capital will accelerate their plans to achieve over 50 Golf Ranch locations and 100,000 members in the coming years. “These funds will allow us to continue to acquire and enhance community-focused golf facilities across the country,” he stated, highlighting the company’s mission to appeal to golf enthusiasts who see the sport as both leisure and a practice.
