Clubspeed Announces Alok Pandey as CEO

Clubspeed, the leading global software solution for race tracks, trampoline parks and multi-activity family entertainment centers, recently underwent a transition in leadership, announcing Alok Pandey as its new Chief Executive Officer. Clubspeed's former CEO and majority investor Romir Bosu of Nadavon Capital Partners will move into the role of Executive Chairman of the Board of Directors.

A technology industry veteran, Pandey brings experience from his most recent position as Chief Financial Officer of Twingate, a venture capital-backed network security company based in the San Francisco Bay Area. He has also served in vice president roles at Pango, a cybersecurity software company backed by Accel and sold to Aura in 2020, and Vector Capital, a multi-billion dollar technology-focused private equity firm. Pandey joined Clubspeed's board of directors in April, and also serves on the Board of Directors of Quick Custom Intelligence, a software company servicing the gaming and hospitality industries.

"Clubspeed is a rapidly growing and profitable business with a solid foundation, and an amazing company with global reach and innovative products. I am excited about leading the business through the next phase of their growth," said Pandey.

Clubspeed was the first to develop a comprehensive venue management system servicing a variety of family entertainment centers, including golf simulators, mini-golf and axe-throwing venues. Clubspeed's customers realize an increase in revenue, streamlined operations and an enhanced guest experience through features like an online booking engine, secure integrated payments, mobile app, jump tracker and customer relationship management tools, to name a few.

"Alok has a successful track record of over a decade of private equity and venture capital operating and investing experience in the technology space and I'm excited for him to lead the team in our next phase of growth," said Bosu. "He has significant experience with M&A as well, which is relevant to us as we continue to expand our TAM and grow internationally."

Bringing in his experience to spearhead Clubspeed's business strategy, Pandey's focus will be to continue developing the company's venue management products, with a clear vision to scale and expand into new and existing markets around the world.

"Clubspeed's mission has been to drive revenue, streamline operations, and enhance the guest experience for our customers to help grow their businesses, and I am excited for the opportunity to deliver on this mission and continuously innovate our product portfolio," said Pandey. "I'm committed to ensuring that we are always a customer-centric and product-led innovative technology company."

About Clubspeed

Clubspeed has the world's leading cloud-based software for activity centers, revolutionizing the way venue owners and managers run their businesses every day. Serving karting facilities, trampoline parks, and family entertainment centers, its features include kart timing, trampoline gamification, point-of-sale, marketing automation and more. For more information, visit Clubspeed's website at www.clubspeed.com.