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Paddle revenue is $55 million

Paddle is worth $1.4 billion valuation

Paddle team size is 262 employees

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Paddle

15-Bermondsey Square

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How Paddle hit $55M Revenue with 2K customers in 2022.

The better way to sell software

Founded

2012

Founded

Revenue

$55M

2022 Revenue

YOY

0.00%

YOY

Funding

$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

850.00% ▲111.00% ▲83.00% ▲51.00% ▲$1M$9.5M$20M$36.5M$55M

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 DATEROUNDAMOUNTVALUATION
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

20182019202020221▲-8▼94▲
DISTRIBUTIONQTY
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

$0$20K3 month payback period024681012
$0$20K3 month payback period024681012

Churn

Paddle has an annual churn rate of 0.00%.

-100-500%50100

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

NamePosition

Paddle Executives

NamePosition
Christian Owens CEO

Paddle Employees

NamePosition
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?

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Latka collected this data by interviewing Paddle CEO Christian Owens on 06/03/2022

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