Paddle

Paddle is the provider of a complete payments infrastructure for SaaS companies.

Paddle helps software-as-a-service (SaaS) companies grow globally by taking care of payments, checkout, subscription management, and licensing.

Paddle was founded in 2012 by Christian Owens and Harrison Rose. The company is headquartered in London, United Kingdom, with an office in New York.

 

Paddle offers SaaS companies a completely different approach to payments infrastructure. Paddle integrates checkout, payment, subscription management, and financial compliance; meaning sellers on the platform to respond faster and more precisely to every growth opportunity for their business.

 

Paddle takes away 100% of the payments complexity—handling all payment routing, tax collection, compliance, invoicing, subscription management, renewals, reporting, and fraud protection.

 

Paddle's complete payments infrastructure is used by over 3,000 software companies in more than 200 markets worldwide.

 

Paddle is backed by KKR, FTV Capital, 83North, Silicon Valley Bank, Kindred Capital, Notion Capital, and others. The company raised $200M in Series D equity and debt financing on May 10, 2022. This brings Paddle's total funding to $293M to date. The latest round mints Paddle a unicorn with a valuation of $1.4B post-money.

 

 

  • Year founded: 2012
  • Funding Info: $293M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.4B as of May 10, 2022
  • City/Town: London
  • State: London
  • Country: United Kingdom
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