5 years ago

Paddle Raises €57 Million for Revenue Delivery Platform

  • UK startup Paddle, a revenue delivery platform for B2B SaaS companies, has raised €57 million in Series C funding led by FTV Capital, with participation from Kindred Capital, Notion Capital, and 83 North

  • The funding will be used for expansion, product development, and team growth.

      • ProblemTechnology

      "SaaS companies face challenges in scaling their business due to complexities in payments, subscription management, localization, and tax compliance across multiple markets. These challenges hinder their ability to respond quickly to growth opportunities and increase their Net Dollar Retention (NDR)."

      Solution

      "Paddle's Revenue Delivery Platform provides a unified solution for SaaS companies, integrating checkout, payment, subscription management, and financial compliance. This allows them to activate new business models instantly, enter new markets easily, launch new offerings with one click, and enable friction-free renewals. By removing these operational headaches, Paddle empowers SaaS companies to focus on their core business and achieve faster growth."

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