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Recently Funded|Amount: USD 50.0M|Industry: Entertainment Providers
Swinging into the Future: Five Iron Golf Raises $50M to Revolutionize Urban Golf Culture
Five Iron Golf

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Five Iron Golf is thrilled to announce that it has successfully raised $50,000,000 in its latest funding round, a remarkable milestone that underscores the company’s rapid growth and transformative vision for urban golf. Born out of a spark in early 2015 when Mike Doyle began teaching simulator lessons in a men’s clothing store in midtown Manhattan, Five Iron Golf has evolved into a high-tech, inclusive urban golf experience that defies conventional golf culture. The company’s unique journey is a testament to the entrepreneurial spirit of its founders—Mike Doyle, Jared Solomon, and the dynamic duo of Nora Dunnan and Katherine Solomon—who combined passion, innovation, and expertise to create a destination for both serious golfers and those simply looking for a fun, immersive social outing. The $50 million raised will fuel an ambitious expansion strategy, enabling Five Iron to deepen its presence in existing markets such as Manhattan, Chicago, Baltimore, and Philadelphia while exploring new urban centers. This infusion of capital will not only enhance the state-of-the-art simulators, world-class lesson studios, and premium practice environments already celebrated among golf enthusiasts, but also elevate the lifestyle aspects that make each location a community hub offering delicious food, extensive bar service, engaging recreational activities like ping pong and shuffleboard, and dynamic event spaces. By reinvesting in technology, venue experiences, and innovative community events, Five Iron Golf is poised to continue flipping the script on traditional golf culture and making the sport accessible, enjoyable, and inclusive for everyone.
Buying Signals & Intent
Our AI suggests Five Iron Golf may be interested in solutions related to:
- Golf Equipment
- Event Hosting Services
- Membership Programs
- Food and Beverage Services
- Marketing and Promotions
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