PITCH DECK: Software billing startup Paddle raises $68 million
- Software billing startup Paddle has raised a $68 million Series C to continue its expansion plans worldwide.
- Founded in 2012, the company’s latest funding round took place remotely and was led by Silicon Valley fund FTV Capital.
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“We’ve gone from a land-grab mentality, grow at all costs, to a more sustainable and considered growth plan within the market so we don’t want to just raise for the sake of it,” Paddle CEO Christian Owens told Business Insider.
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Software billing startup Paddle has raised a £52 million ($68 million) Series C from investors including FTV Capital, Kindred Capital, Notion Capital, and 83North.
Founded in 2012 by Christian Owens and Harrison Rose when they were just teenagers, Paddle has raised £72 million ($93 million) to-date. Owens dropped out of school to focus on the startup, and neither cofounder went to university.
The company essentially makes