Topgolf Entertainment Group is a multinational sports-entertainment company operating golf entertainment venues globally. The company offers a unique experience combining high-tech golf bays with gaming, food and beverage service, live entertainment, events spaces, and membership programs. Topgolf utilizes proprietary Toptracer technology for ball-tracking and gamification, and operates 148+ venues across North America, Europe, Asia, and the Middle East. As of January 2026, 60% of the company is owned by private equity firm Leonard Green & Partners, with Topgolf Callaway Brands (now Callaway Golf Company) retaining a 40% minority stake.
Topgolf Entertainment Group has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2000
Employees
11,800–12,200
Total Funding
$3B
5 rounds
Latest Valuation
$2.7B
March 2021
Total raised $3B across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Acquisition (Callaway all-stock merger)
Date
March 2021
Amount
$2.7B
Valuation
$2.7B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| March 2021 | Acquisition (Callaway all-stock merger) | $2.7B | $2.7B | Callaway Golf Company |
| December 26, 2017 | Series E (Late-stage) | Not disclosed | — | Fidelity Investments |
| August 2016 | Debt facility | $275M | — | Not disclosed |
David McKillips
Chief Executive Officer
Andrew Macaulay
Chief Technology Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Drive Shack
Golf entertainment venue operator offering interactive golf games, dining, and social entertainment across multiple locations
GolfSuites
Golf entertainment venue with high-tech gamified golf, outdoor climate-controlled suites, cocktails, and dining in a more golf-centric format than traditional golf entertainment
BigShots Golf
All-in-one sporting venue with interactive golf games and Doppler radar technology; acquired by Topgolf in October 2023 for $29M
Swingers
Golf-themed entertainment venue blending cocktail bars, street food, and indoor crazy golf with immersive experiences for social and corporate events
Dave & Buster's Entertainment
Restaurant and entertainment business with large arcade section; competes for similar audience seeking social, active entertainment experiences
X-Golf America
Virtual golf entertainment centers offering indoor golf simulation and related golf entertainment services
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