Paddle revenue is $55 million
Paddle is worth $1.4 billion valuation
Paddle team size is 262 employees
Paddle
15-Bermondsey Square
How Paddle hit $55M Revenue with 2K customers in 2022.
The better way to sell software
2012
Founded
$55M
2022 Revenue
0.00%
YOY
$293.3M
Funding
Paddle Revenue
In 2022, Paddle revenue run rate hit $55M in revenue.
2022
Paddle hit $55M in revenue this year
2020
Paddle hit $36.5M in revenue in 2020
2019
Paddle hit $20M in revenue in 2019
2018
Paddle hit $9.5M in revenue in 2018
2016
Paddle hit $1M in revenue in 2016
2012
Paddle launched in 2012 with $0 revenue
Paddle Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Series D
Paddle raised a Series D of $200M at a $1.4B valuation in May 2022
2020 Series C
Paddle raised a Series C of $68M
2018 Series B
Paddle raised a Series B of $8M
2017 Series B
Paddle raised a Series B of $12.5M
2016 Series A
Paddle raised a Series A of $3.2M
2014 Seed Round
Paddle raised a Seed Round of $1.4M
2012 Seed Round
Paddle raised a Seed Round of $185K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 05/09/2022 | Series D | $200M | $1.4B |
| 11/01/2020 | Series C | $68M | |
| 12/05/2018 | Series B | $8M | |
| 06/01/2017 | Series B | $12.5M | |
| 06/01/2016 | Series A | $3.2M | |
| 09/01/2014 | Seed Round | $1.4M | |
| 06/20/2012 | Seed Round | $185K |
Team
Paddle has 262 total employees and 45 sales reps that carry a quota. They have 2000 customers an engineering team of 62 and a marketing team of 6
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 262 |
| Engineer | 62(24%) |
| Sales | 45(17%) |
| Marketing | 6(2%) |
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.
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
Customers
Paddle has 2K customers.
Lifetime Months
-
x
Monthly ARPU
$926
=
Lifetime Dollar
-
Acquisition Cost
$5K
Average Annual Price
$20K
Churn
Paddle has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
25.00%
Net Revenue Retention
125.00%
About Paddle
Monthly Revenue
$4.6M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Paddle Board of Directors
| Name | Position |
|---|
Paddle Executives
| Name | Position |
|---|---|
| Christian Owens | CEO |
Paddle Employees
| Name | Position |
|---|---|
| Christian Owens | CEO |
Frequently Asked Questions about Paddle
When was Paddle founded?
Paddle was founded in 2012.
How much revenue does Paddle generate?
Paddle generates $55M in revenue.
Who is the CEO of Paddle?
The CEO of Paddle is Christian Owens.
How much funding does Paddle have?
Paddle was raised $293.3M.
How many employees does Paddle have?
Paddle has raised 262 employees.
Where is Paddle headquarters?
Paddle headquater is at United Kingdom
How did Latka collect this data?
Latka collected this data by interviewing Paddle CEO Christian Owens on 06/03/2022
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