Paddle logo
Founded 2012

Paddle

2020 Revenue

$20.0M

YOY

100.00%

Funding

$91.2M

Overview

About Paddle

The better way to sell software

Monthly Revenue

$1.7M

+ $833.3K (100.00%)
Total Expenses

$1.7M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

100.00%

=
Rule of 40

100


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Paddle CEO Christian Owens on 11/01/2020

Watch the podcast


Headquarters

15 Bermondsey Square EnglandUnited Kingdom

Paddle Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Paddle revenue run rate hit $20.0M in revenue.

100.00%▲$10.0M$20.0M

Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?

Paddle has raised $91.2M.

Funding DateRoundTotalValuation
11/01/2020$68.0M
12/05/2018$8.0M
06/01/2017$12.0M
06/01/2016$3.2M

Customers

Paddle has 2K customers.

Lifetime Months

×
Monthly ARPU

$926.0

=
Lifetime Dollars


Acquisition Cost

$5.0K

Average Annual Price

$11.1K

$0$11.1K5 month payback period024681012

Churn

Paddle has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

25.00%

Net Revenue Retention

125.00%

Team

Employees

Paddle has 140 employees.

20182020-12.00%▼
DistributionQty

Other

120

Engineers

0

Quota Carrying

20 (14%)

CEO/Founder

Christian Owens

Christian Owens is the founder and CEO of Paddle. Prior to Paddle, Christian created his first software business from his bedroom at the age of 14. Having grown the business to over $1m in revenue he decided to quit school at 16 to focus on building startups, and founded Paddle when he turned 18.


CEO Q&A

What's your age?

24

Favorite online tool?

zoom

Favorite book?

hard thing about hard things

Favorite CEO?

jeff bezos

Advice for 20 year old self

Focus


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Frequently Asked Questions about Paddle

When was Paddle founded?

Paddle was founded in 2012.


Who is the CEO of Paddle?

The CEO of Paddle is Christian Owens


How many employees does Paddle have?

Paddle has 140 employees.

How much revenue does Paddle generate?

Paddle generates $20.0M in revenue.


How much funding does Paddle have?

Paddle has raised $91.2M.


Where is Paddle headquarters?

Paddle is headquartered at 15 Bermondsey Square EnglandUnited Kingdom

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