intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

GolfForever Secures $10 Million in Series A Funding, Led by Clerisy

GolfForever Secures $10 Million in Series A Funding, Led by Clerisy

January 11, 2024 Craig Etkin

 World No. 1 Golfer Scottie Scheffler and PGA Tour Champion Tom Kim Join Funding Round as Equity Investors

Company to Use Investment to Accelerate Expansion Through New Industry, Athlete and Retail Partnerships

January 11, 2024 09:45 AM Eastern Standard Time

ASPEN, Colo.–(BUSINESS WIRE)–GolfForever, which offers golfers of all ages and abilities access to an at-home training system developed by world-class doctors and fitness experts, today announced it has closed a $10 million Series A funding round led by Clerisy, a consumer growth equity fund. Scottie Scheffler, the world’s number 1 golfer, and PGA Tour winner Tom Kim both joined the round as equity investors and serve as GolfForever brand ambassadors.

“The game of golf is growing across the globe and GolfForever has created a new category in the sport which gives men and women of all ages and skill levels access to the same expertise and daily training as the pros on the PGA and LPGA Tours”

GolfForever will use the new investment to accelerate its expansion through new industry, athlete and retail partnerships; a multi-state mobile experience tour; a series of other planned activations and events; and research initiatives that will impact its users and golfers worldwide. The GolfForever Training System is currently available through the brand’s own e-commerce site, Amazon and more than 900 retail doors, including Dick’s Sporting Goods, Golf Galaxy, PGA Tour Superstore, and golf clubs and courses nationwide.

“GolfForever was founded with a mission to help golfers of all levels and experience improve their bodies, so they can improve their games and play without pain or injury at every age and for as long as possible,” said Jeremy James, DC, CSCS, Founder and CEO of GolfForever. “We’re thrilled to join forces with Clerisy and Scottie and Tom, two of the world’s greatest golfers, to accelerate our growth and enable more players to reach and maintain their full potential and enjoy the game for years to come.”

More than 400 PGA Tour and LPGA Tour pros, along with thousands of amateur golfers, use GolfForever to increase their flexibility, strength, balance and rotational power for more speed and consistency in their swings, and to avoid the pain and injuries that are common to golfers. The LPGA additionally created a groundbreaking partnership with GolfForever, equipping all tour players with GolfForever Swing Trainers, app memberships and onsite training at tournaments as the cornerstone of the LPGA fitness program.

GolfForever is the first golf-specific training and wellness program that pairs portable equipment with a mobile app offering streaming instruction co-developed and presented by some of the top golf trainers and medical experts in the world. The AI-powered GolfForever app customizes each golfer’s exercise routines based on a proprietary strength and flexibility test. This results in personalized warmups, daily workouts and recovery plans to help each user maximize performance.

“GolfForever is a vital part of my daily warmup and fitness routine, and a key contributor to my success over the past two years,” said Scottie Scheffler. “I’m proud to help bring our training system to players everywhere, whether you’re a pro like me or a weekend golfer. Every golfer should use it.”

Aside from Scheffler and Kim, GolfForever’s brand ambassadors include PGA Tour pros Zach Johnson, Justin Leonard, Ryan Palmer and renowned instructor Rick Smith, who has worked with Jack Nicklaus, Phil Mickelson and Vijay Singh, among many others.

“The game of golf is growing across the globe and GolfForever has created a new category in the sport which gives men and women of all ages and skill levels access to the same expertise and daily training as the pros on the PGA and LPGA Tours,” said Lisa Myers, Co-Founder and Managing Partner of Clerisy. “The sport’s growth is being propelled by a number of tailwinds, including increasing longevity, rising numbers of outdoor enthusiasts, and interest in on- and off-course experiences among younger and more diverse players. GolfForever was created by medical professionals and expert trainers and the system’s credibility and effectiveness have earned it the endorsement of the sport’s most prestigious players and organizations. We’re proud to partner with Jeremy and the entire team as they bring this unique training system to more golfers at all skill levels.”

GolfForever’s board members and previous investors include Bob Hurst, Vice Chairman of Crestview Partners and former Vice Chairman of Goldman Sachs; Amnon Rodan, Chairman Emeritus of Rodan + Fields; and Howard Jenkins, former Chairman and CEO of Publix Super Markets. Other science and business advisors include Todd Albert, MD and Chief Surgeon Emeritus at the Hospital for Special Surgery; Troy Van Biezen DC, ART, BPE, NASM-PES, TPI-CGFI and PGA Tour Performance Coach; Mark King, CEO of Taco Bell and former CEO of TaylorMade Golf; Mark Ford, Former President, Sports Illustrated Group; and Chris Crowley, who co-authored the New York Times best-seller The Younger Next Year Back Book with Jeremy James.

About GolfForever

GolfForever is a science-based, at-home training system designed to maximize golfers’ performance by improving flexibility, core strength, balance and rotational power. The AI-powered system offers a customized exercise and recovery program for each golfer, based on a proprietary strength and flexibility test. With training routines designed by some of the top PGA Tour trainers and orthopedic experts in the U.S., GolfForever allows golfers of any age or skill level to swing and perform their best, pain-free, for as long as they play the game. The system is used by thousands of everyday golfers and more than 400 PGA Tour and LPGA Tour players, including Scottie Scheffler, Tom Kim and Zach Johnson.

GolfForever was founded in Aspen, Colorado, in 2019 by Dr. Jeremy James, a leading specialist in chronic back pain and co-author of the New York Times best-seller The Younger Next Year Back Book.

For more information, visit GolfForever.com or download the mobile app on the Apple Store or Google Play.

About Clerisy

Clerisy is a growth equity firm investing in consumer and consumer technology companies. Clerisy invests in founders and companies that are innovating and have developed a proven product or service that is uniquely solving a problem, meeting a need or fulfilling a preference for one or more demographic cohorts of consumers. Clerisy partners closely with entrepreneurs and management teams by sharing deep expertise, networks and resources with them to further enable their success and build sustainable, profitable businesses.

For more information, please visit Clerisy.com.

Contacts

Media
Michael McMullan
Berns Communications Group
mmcmullan@bcg-pr.com

(c)2023 Business Wire, Inc., All rights reserved.


Venture Capital
Aspen, Business Wire, Colorado, GolfForever, Venture Capital

Post navigation

NEXT
Zip 2023 in Review: $100 Million Series C, Intake-to-Pay Expansion, Inaugural User Conference ‘Zip Forward’, and New Generative AI Advancements
PREVIOUS
Axle Raises $1.5M in Pre-Seed Funding to Revamp Critical Wall Street Industry
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

MIND, the upcoming leader in data loss prevention, today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta Ventures and existing investor YL Ventures. This round brings MIND’s total funding to over $40M and will fuel MIND’s strategic growth and enhance its data security platform capabilities. In the past seven months, MIND has achieved 500% customer growth, gained significant traction among Fortune 1000 companies, prevented sensitive data loss across hundreds of thousands of endpoints through its proprietary endpoint agent and delivered immediate value by protecting the sensitive data of leading enterprises.

In a statement Eran Barak, Co-Founder and CEO of MIND said, “MIND was founded to help organizations thrive in the AI era and navigate the exponential growth of sensitive data in complex IT environments.” “Our rapid growth reflects a clear market shift toward smarter, faster and fully automated approaches to DLP and insider risk. This funding validates both our product and the market demand. With the backing of our new investors, each bringing deep expertise in data security, we’re positioned to revolutionize the DLP category, empower secure innovation and double our R&D and go-to-market teams by year’s end.”

MIND is on a mission to help organizations thrive in a digital world in the AI era by protecting their most sensitive data, mitigating risks and preserving brand reputation. MIND is the first-ever data security platform that puts data loss prevention and insider risk management programs on autopilot to deliver both data security posture and data loss prevention. The company enables businesses to mind what really matters—their most sensitive data. Founded and led by cybersecurity leaders and industry veterans, MIND is based out of Seattle Washington.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
Load More... Subscribe

Categories

Recent Posts

  • Hendrick Health to spend $1,500,000.00 to occupy 7,000 square feet of space in Abilene Texas. June 13, 2025
  • Midland Independent School District to spend $420.7 Million to occupy 764,624 square feet of space in Midland Texas. June 13, 2025
  • MATTERWORKS INC. SECURES SERIES A FUNDING TO ADVANCE MACHINE INTELLIGENCE FOR PREDICTIVE BIOLOGY June 13, 2025
  • Akadeum Life Sciences Lands Major Investment to Fuel Growth in Cell and Gene Therapy June 13, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.