Swag Golf, a Northbrook, IL-based golf accessory, equipment and apparel company, raised $10M in Growth funding.
The round was led by Verance Capital, with participation from Aurum Partners, Shaun White, Zach LaVine, Alex Cohen, Howard Lindzon, Greg Zeeman, and others.
The company intends to use the funds to support its product lines, including its headcovers and putters, allow for expansion into new products, increase its presence in the Asia-Pacific marketplace, and accelerate its manufacturing capacity.
Led by CEO and Founder Nick Venson, Swag Golf has produced precision-milled putters, headcovers, accessories and apparel since its inception in 2018. The company has partnerships with PGA TOUR professional Nick Hardy, LPGA professional Anna Nordqvist, Instagram sensation Paige Spiranac, and 3x World Series Champion Jon Lester. Licensing agreements include MLB, McLaren Formula 1 Team, Kraft-Heinz, WWE, Capcom, Topps, Vienna Beef, and more.
In 2020, Swag acquired Ecktron Performance, a Georgia-based manufacturer, to vertically integrate its headcover production in the United States and expand into the wholesale business across country clubs, the PGA TOUR, and other licensing partners.
FinSMEs
04/10/2023