When was Paddle founded?

Paddle was founded in 2012 and became a unicorn in 2022, reaching the milestone in 10 years. It raised its 1st funding round 4 years after its incorporation.

Where is Paddle located?

Paddle is headquartered in London, United Kingdom. It is registered at Greenville, South Carolina.

Which legal entities is Paddle associated with?

Paddle is associated with PADDLE.COM MARKET LIMITED and 3 others.

How many employees does Paddle have?

As of May 31, 2026, the latest employee count at Paddle is 406.

Is Paddle a funded company?

Paddle is a funded company, having raised a total of $293M across 7 funding rounds to date. The company's 1st funding round was a $3.2M Series A round, raised on Sep 26, 2016.

How much is Paddle worth?

The latest valuation of Paddle is $1.4B as of May 10, 2022.

When was the latest funding round of Paddle?

Paddle's latest funding was a $25M Conventional Debt round on Jul 17, 2025, with participation from 1 investor.

What is the annual revenue of Paddle?

Annual revenue of Paddle is between £50M and £100M as on Dec 31, 2024

Is Paddle a Payments company?

The primary sector of Paddle is Payments.

Where does Paddle rank among its competitors?

Paddle ranks 5th amongst 39 active competitors, of which 12 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Tilled, which secured $1M in Mar, 2026.

Who are the top competitors of Paddle?

Paddle's top competitors include GoCardless, TrueLayer and Mollie. Among them, Tilled secured the most recent funding round in March, 2026.

Paddle - 2026 Company Profile, Team, Funding, Competitors & Financials

Paddle is a series D company based in London (United Kingdom), founded in 2012 by Christian Owens and Harrison Rose. It operates as a Provider of merchant of record services for digital product businesses. Paddle has raised $293M in funding from investors like KKR, FTV Capital and BGF, with a current valuation of $1.4B. The company has 39 active competitors, including 12 funded and 8 that have exited. Its top competitors include companies like GoCardless, TrueLayer and Mollie.

Sectors and market segments that Paddle operate in

Paddle serves in the FinTech market segments.The primary business model of Paddle is:

FinTech > Payments > ***** **** > ***** ******

Company Details

Provider of merchant of record services for digital product businesses. This entity manages payment processing, tax compliance, billing operations, and fraud prevention for software and mobile application developers. It handles financial transactions across multiple markets to simplify revenue collection and regulatory adherence. The service automates subscription management, invoicing, and payment reconciliation to support the monetization of digital goods.

Social
Email ID: *****@paddle.com
Registered Address: Greenville, South Carolina

Key Metrics

Founded Year

2012

Location

London, United Kingdom

Stage

Series D

Total Funding

$293M in 7 rounds

Latest Funding Round

Conventional Debt, Jul 17, 2025, $25M

Post Money Valuation

$1.4B as on May 10, 2022

Investors

KKR & 25 more

Ranked

5^th among 39 active competitors

Annual Revenue

£50M - £100M as on Dec 31, 2024

Employee Count

406 as on May 31, 2026

Investment & Acquisitions

ProfitWell

Similar Companies

GoCardless & 132 more

View Paddle's full profile

Paddle is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PADDLE ACQUISITION INC. CIN: 352677554 , United States, Active	Dec 31, 1999	-	154 (As on Dec 31, 2024)	-
PADDLE.COM MARKET LIMITED CIN: 8172165 , Germany, Active	Aug 07, 2012	£1M - £10M (As on Aug 31, 2017)	292 (As on Dec 31, 2022)
Paddle Acquisition Inc. CIN: 35-2677554 , United States, Active		-	362 (As on Dec 31, 2023)	-
PADDLE.COM MARKET LIMITED CIN: 08172165 , United Kingdom, Active	Aug 17, 2012	£50M - £100M (As on Dec 31, 2024)	117 (As on Aug 31, 2020)

Paddle has raised a total funding of $293M over 7 rounds. Its first funding round was on Sep 26, 2016. Its latest funding round was a Conventional Debt round on Jul 17, 2025 for $25M. 1 investor participated in its latest round. Paddle has 11 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of Paddle:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 17, 2025	$25M	Conventional Debt	-	-	-	Canadian Imperial Bank of Commerce
May 09, 2022	Undisclosed	Conventional Debt	-	-	-	SVB
May 09, 2022	$200M	Series D	$1.4B	-	KKR	FTV Capital, 83NORTH, Notion, Kindred Capital

Access funding benchmarks and valuations. Sign up today!

View details of Paddle's funding rounds and investors

The founders of Paddle are Christian Owens and Harrison Rose. Jimmy Fitzgerald is the CEO of Paddle.

Here are the details of Paddle's key team members:

Christian Owens: Co-Founder of Paddle. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address
Harrison Rose: Co-Founder of Paddle and founder of 1 other company. They are also an angel investor in 1 startup.
Jimmy Fitzgerald: CEO of Paddle.
Contact Info: 1 email address

Paddle's Board of Directors

Paddle's board has 5 active members. Laurel Bowden, Christian Owens, Chrysanthos Chrysanthou and Hugo Guy Sylvester Grimston are part of team and Kyle Adams Griswold is independent board member.

Here is the list of Paddle's board of directors:

Name	Type	Representing	Status	Duration
Christian Owens	Team	-	Current	13y 9m
Hugo Guy Sylvester Grimston	Team	-	Current	11y 9m
Mark Pearson	Team	-	Past	1y 2m
Laurel Bowden	Investor	83NORTH	Current	6y 8m
Chrysanthos Chrysanthou	Investor	Kindred Capital	Current	8y 6m
Oleksandr Kosovan	Investor	-	Past	2y 4m
Harry Briggs	Investor	-	Past	2y 0m
Kyle Adams Griswold	Independent board member	-	Current	5y 6m
Mark Alan Pearson	Independent board member	-	Past	1y 2m
Mark William Evans	Independent board member	-	Past	2y 0m

View details of Paddle's Founder profiles and Board Members

Paddle's employee count trend

Paddle has 406 employees as of May 26. Here is Paddle's employee count trend over the years:

Uncover Paddle's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Paddle include GoCardless, TrueLayer and Mollie. Here is the list of Top 10 competitors of Paddle, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Google Ventures & 26 others	80/100
2nd	TrueLayer 2016, London (United Kingdom), Series E	Open banking platform enabling secure bank-to-bank payments and payouts	$322M	Northzone, Temasek & 25 others	78/100
3rd	Mollie 2004, Amsterdam (Netherlands), Series C	Provider of online and in-person payment processing solutions for businesses	$940M	TCV, Blackstone & 8 others	75/100
4th	Recurly 2009, San Francisco (United States), Series C	Provider of subscription management and recurring billing automation platform	$39.2M	Headline, Accel-KKR & 11 others	73/100
5th	Paddle 2012, London (United Kingdom), Series D	Provider of merchant of record services for digital product businesses	$293M	Canadian Imperial Bank of Commerce, 83NORTH ... & 24 others	67/100
6th	ButterPayments 2020, San Francisco (United States), Series A	Payment routing solution for businesses	$29M	Norwest, Atomic & 2 others	59/100
7th	Cleeng 2011, Amsterdam (Netherlands), Series B	Provider of subscriber management system	$7.55M	Walvis, VOCCP & 3 others	58/100
8th	Tilled 2005, Boulder (United States), Series B	Provider of payment facilitation platform for software vendors and SaaS companies	$63.1M	Canvas Ventures, G Squared & 12 others	57/100
9th	Curlec 2018, Kuala Lumpur (Malaysia), Acquired	Automated payment collection solution	-	Captii Ventures, 500 Global & 3 others	57/100
10th	acquired.com 2016, London (United Kingdom), Series A	Provider of payment solutions for optimising online and recurring commerce	$5.22M	Beach Point Capital Management, GSF	54/100