Paddle (Series C)

Paddle is a revenue delivery platform, which allows B2B SaaS businesses to amalgamate their workflow and become more efficient at selling digital products and subscriptions. The UK-based company is on a mission to take away the pain of payments fragmentation in a unique way, by serving as the merchant of record for software SaaS companies.Paddle handles all payment routing, tax collection, compliance, invoicing, subscription management, renewals, reporting, and fraud protection. The startup was founded in 2012 by CEO Christian Owens and co-founder Harrison Rose, who wanted to make it easier for software companies to sell their products. Used by over 2,000 software sellers in 245 countries and territories globally, Paddle raised a 52 million $68 million Series C in 2021 from investors including FTV Capital, Kindred Capital, Notion Capital, and 83North.