Announced
Completed
Financials
Sources
Tags
Acquisition
Cross Border
Single Bidder
United Kingdom
Software
software-as-a-service
Private
Friendly
Private Equity
Minority
Completed
Venture Capital
e-commerce
analytics platform
Synopsis
KKR, a global investment firm, led a $200m Series D round in Paddle, the provider of a complete payments infrastructure for SaaS companies, with participation from FTV Capital, 83North, Notion Capital and Kindred Capital. "The opportunity in software is enormous, with tens of thousands of incredibly innovative businesses bringing great products to market every year. Unfortunately, many SaaS companies still find their growth hindered by the operational challenges that arise when scaling; from handling subscriptions management or tax compliance to localizing payment options in every market. Paddle was created to remove these invisible barriers so that SaaS companies can just focus on building and selling software. 2021 was a fantastic year for us, but we are only just getting started. We have big plans for 2022 and beyond and we're delighted to have the backing of so many fantastic investors who all share our vision," Christian Owens, Paddle CEO and Co-Founder.
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