FTV Capital led a $68m Series C round in Paddle.

FTV Capital, a sector-focused growth equity investor, led a $68m Series C round in Paddle, the revenue delivery platform for B2B Software-as-a-Service companies, with participation from Kindred Capital, Notion Capital and 83North. "We are witnessing a systemic shift within software, with the ‘growth at any cost’ mindset gradually being replaced by a realisation that businesses must scale more efficiently and with clearer purpose. We’ve been extremely impressed with Christian and Harrison’s ambition and Paddle’s growth to date and we believe they are defining a new category with Paddle’s Revenue Delivery Platform — one that will be critical to helping companies adapt to change while empowering them to take advantage of the huge acceleration in demand for digital products. With more than two decades investing in the SaaS and payments sectors, FTV will bring the best of our domain expertise to accelerate Paddle’s exciting growth," Kyle Griswold, FTV Capital Partner.