About Hirostar
Hirostar sells padel rackets, padel clothing and accessories such as bags, socks and overgrips. Padel is a racket sport usually played in doubles on a walled court. Hirostar sells to players at every level, from juniors to professionals. Its website, hirostar.com, comes in English, Italian and Spanish. A tool called Racket Finder uses AI to suggest the racket that fits a player's style.
Hirostar USA, Inc. is a Delaware company formed in 2026 and based in Bethesda, Maryland. Lucio Mormile is its chief executive officer and a director. He is also the founder and owner of the Hirostar brand, according to Padel Magazine. The brand's website is run by Hirostar S.r.l. in Milan, Italy. A US wholesale distributor, Fromuth Racquet Sports, lists ten Hirostar rackets on its own website.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 19, 2026 | Oct 27, 2026 | $1,225,000of $1.6M target | 10 | $122K | EquityRule 506(b) | Form D ↗ |
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Why Investors Backed Hirostar
Hirostar sells padel gear through its website and a US distributor. It already sells in 19 countries, according to Padel Magazine. Its website names no outside investors and gives no sales figures.
What the product does
Hirostar sells padel rackets in four ranges: Alien, Pro, Precision, and Starter & Youth. The three rackets featured on the home page cost between €195 and €315. The Alien Core 26 has a 12K carbon surface and an EVA core, weighs 365 to 380 grams and suits attacking players. Hirostar also runs an Excellence Program that offers young players training with international coaches.
Progress so far
Fromuth Racquet Sports is based in West Lawn, Pennsylvania. Its site also lists a Hirostar bag. Hirostar was sold in 19 countries by July 2024, according to Padel Magazine. The same article says it had just begun selling in the United States, through Fromuth. In August 2025 Hirostar took over a four-court padel club near Milan, renamed it Hirostar Hangar, and said it would house its offices there, according to Padel Magazine.
Who backs it
Hirostar's website names no outside investors. Tolito Aguirre, who had been the brand's ambassador since 2021, became a partner in July 2024, according to Padel Alto. In August 2025 Mormile said he made the Hangar investment with Aguirre and other partners, according to Padel Magazine.
How the market is moving
Playtomic, a court-booking app, and the consultancy Strategy& counted 50,436 padel courts worldwide at the end of 2024, including 7,187 built that year, according to Sports Destination Management. The same article says the United States had about 800 courts in mid-2025 and is expected to have the most of any country by about 2027. It names a lack of public courts as the main obstacle, because US courts are mostly in private clubs or homes.
We wrote this summary from public statements by Hirostar and its investors. It is not investment advice.
Hirostar in the News
Leadership Team
Executive officers and directors listed on Hirostar's Form D filed Oct 27, 2026.
Sources
- SECHirostar USA, Inc. filing history
- Company siteHome page on hirostar.com
- Company siteAlien rackets page on hirostar.com
- Company siteAlien Core 26 product page on hirostar.com
- Company siteExcellence Program page on hirostar.com
- Company siteContact page on hirostar.com (footer names Hirostar S.r.l., Milan)
- Company sitePrivacy policy on hirostar.com
- Company siteTerms of service on hirostar.com
- Other company siteHirostar page on fromuthtennis.com
- Other company sitePadel racquets page on fromuthtennis.com
- PressSports Destination Management, July 24, 2025: padel in the US market