Thursday, October 31, 2019

TOCA Football Takes $25M

Costa Mesa-based TOCA Football, a company which says it uses "technology-enabled experience" to help provide soccer training, has raised $25M in a Series D funding round. The round was led by WestRiver Group (WRG), RNS Partners (RNS), as well as un-named family office investors. The company said that, as part of the funding, it has appointed Yoshi Maruyama as its CEO. TOCA was founded by U.S. World Cup and former MLS and English Premier League midfielder Eddie Lewis in 2014. The company says its training system revolves around a proprietary ball machine, digital targets and a data-enhanced app, and training of young children along "top professionals". TOCA Football also said it will use the new funding for something called TOCA Social, an "entertainment experience" involving soccer, food, beverage, and guest service.