Blue Jeans Golf announced Wednesday it had secured $20 million in Series B funding, as innovative golf concepts attract more attention ― and money.
Founded in 2021, the Dallas-based golf management company is the force behind Golf Ranch, a chain of tech-enabled driving ranges with four locations in Texas, Missouri and Connecticut. Two more locations in Arizona and Grand Prairie are already in the works.
This equity round, led by sports-focused investment firms Old Tom Capital and Creator Sports Capital, will fund the growth of Golf Ranch in 2026.
Blue Jeans is a pioneer in the category dubbed “Golf Lite,” an entry point into the growing sport between serious courses and entertainment-leaning brands like Topgolf. Blue Jeans Golf has purchased, updated and rebranded four driving ranges into Golf Ranches so far.
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It’s part of a rising tide in the sport honing in on younger, more diverse players and their differing expectations, needs and spending habits in golf, with everyone from startups to institutions like the PGA of America cashing in on the trend.
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“Golf is experiencing a generational shift, and we’re excited to be investing in a category that bridges the game into the future,” said Devin Charhon, co-founder and CEO, in a statement.
“Golf Ranch blends technology, community and an accessible playing experience that is designed to attract, engage and retain golfers for a lifetime.”
Combined with existing debt financing, the funding round will help Golf Ranch expand to 10 to 12 locations by the end of 2026, according to the release. Driving range memberships at Golf Ranch have already exceeded 8,000, and Blue Jeans has grown revenue between 300-500% at each driving range it has bought, the company said.
“With Old Tom Capital and Creator Sports Capital, we have added long-term partners whose expertise and networks will accelerate our path to growing to more than 50 Golf Ranch locations in the coming years,” said Michael Canfield, co-founder and CFO.
“This capital enables us to continue acquiring, preserving and investing in community-anchored golf facilities across the U.S.”
Blue Jeans Golf is the Dallas company behind Golf Ranch, a chain of tech-enabled driving ranges with locations in Texas, Missouri and Connecticut.
Courtesy of Blue Jeans Golf
Old Tom Capital is a firm investing in, “the future of golf,” according to its website, having previously supported cutting edge ventures in the sport like mobile simulator Dryvebox and Sweetens Cove, a golf-inspired bourbon.
Creator Sports Capital, meanwhile, invests in high-growth companies in the creator economy, the world of influencers and social media content creators, but with a focus on sports. It recently led a $45 million funding round for Good Good Golf, a D-FW media brand with 1.75 million YouTube subscribers.
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Evan Roosevelt, managing partner at Old Tom Capital, called it “the most compelling investment profile in the sport — resilient, community-driven and built for scale.”
Brian Kabot, co-managing partner at Creator Sports Capital, added that “they’ve cracked the code on a model that’s not only scalable and community-driven, but also makes the game more fun.
“We believe the intersection of content and community at physical locations is the future, and Golf Ranch is paving the way.”
