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reBounces

reBounces sells first-in-world equipment to tennis facilities, which significantly decreases their tennis ball purchases and landfill waste.

  • Stage $500K in TTM Revenue
  • Industry Sports
  • Location Fayetteville, AR, USA
  • Currency USD
  • Founded January 2010
  • Employees 5
  • Website rebounces.com

Company Summary

reBounces manufactures and sells the Green Tennis Machine ('GTM') – the first solution for bulk, batch repressurizing of tennis balls for practice. The GTM was designed to be easy and inexpensive to operate and requires minimal maintenance. Absent the GTM there are no other solutions to repressurize tennis balls and the alternative for the past 40+ years is opening a new can of balls when the current balls lose their bounce.

Team

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    Eric Korita

    Korita played on the ATP Tour reaching top-50 in Singles and 30th in Doubles, while reaching the semi-finals at the 1984 French Open doubles event and quarter-finals at the 1988 French and US Open. Eric has a vast rolodex from his time on the tour and the relationships forged while being part of the first 'class' from the Nick Bollettieri Tennis Academy. After the Tour, Eric spent 23 year managing and operating high-end tennis facilities.

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    Cannon Fletcher

    Fletcher, co-founder, spent four years at MEMC (NYSE: WFR), a Semi/Solar company, transforming Executive Level strategy into long-range planning and key financial models for future growth opportunities ($2B+ investment) and acquisitions ($100M+). Cannon earned a CPA in 2002 and served three years at Deloitte in the firm's Audit group. He earned an MBA in 2005.

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    Bill Dirst

    Dirst, co-founder, developed the patented tennis ball recharging technology. Dirst has 10 years of public sector management experience and was recently the COO of EAST Initiative - a leading technology-based education company. Before that, Bill spent 10 years in public schools as an administrator, classroom teacher and tennis coach. He earned an MBA in 2005.

Advisors

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    Dwayne Fulk, Partner at Polsinelli Shughart
    Lawyer
    Unconfirmed
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    Tom Porterfield, Partner at Porterfield Killingsworth
    Accountant
    Unconfirmed

Previous Investors

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    Gravity Ventures Arkansas
    Unconfirmed
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    Friends, Family & Angels
    Unconfirmed