Atlanta venture capital firm BrknPar announced a strategic investment in Alma Mater Footwear. The startup manufactures performance golf shoes designed for stability and comfort. Financial terms of the transaction were not disclosed.
Investor backing
The deal brings together capital and industry relationships across business and golf. Piper Sandler Vice Chairman Jimmy Dunne participated in the investment alongside BrknPar. Dunne brings decades of advisory experience from Wall Street and the golf community.
Footwear design
Alma Mater builds golf shoes with an integrated frame and nitrogen-infused foam cushioning. The footwear features specialized traction engineered to handle rotational forces during swings. Former executives from global footwear companies lead the emerging brand.
Market distribution
The company sells its footwear through a variety of styles and custom collaborations. These partnerships allow golf clubs to provide exclusive merchandise to members and guests. BrknPar plans to use its network to help the business secure broader distribution.
Nathan Brown serves as chief executive officer of Alma Mater Footwear. The company plans to use the new capital to reach more golfers across the sport. Both parties aim to accelerate product growth and scale the business toward an eventual exit.