PaddleInvestors and Funding
Paddle has raised US$268m across two rounds since November 2020. Its latest round was a US$200m Series D in May 2022, led by KKR, at a US$1.4bn valuation. 6 investors have backed it, most often FTV Capital and Kindred Capital.
Investors
6 investors, most rounds first. Names link to the Investor Index.
| Investor | Role | Latest | Backed | |
|---|---|---|---|---|
| FTV Capital | 2 rounds | Led 1 | May 2022 | |
| Kindred Capital | 2 rounds | Joined | May 2022 | |
| Notion Capital | 2 rounds | Joined | May 2022 | |
| KKR | 1 round | Led 1 | May 2022 | |
| 83 North | 1 round | Joined | Nov 2020 | |
| 83North | 1 round | Joined | May 2022 |
Funding Report Sponsor
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Every round
Newest first, as announced
| When | Amount | Round | Led by | Report |
|---|---|---|---|---|
| May 2022 | US$200m | Series D | KKR | May report |
| Nov 2020 | US$68m | Series C | FTV Capital | November report |
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Also raising in payables and receivables
Latest rounds in the same product area
| Company | Amount | Round | Led by | When |
|---|---|---|---|---|
| Rebill | US$5.4m | Pre-Series A | Oct 2026 | |
| Causa Prima | US$20m | Seed round | Oct 2026 | |
| RedOwl | US$5.3m | Seed round | Oct 2026 | |
| Peppermint | US$4.7m | Seed round | Oct 2026 | |
| Stuut | US$52.5m | Series B | Oct 2026 |
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