Paddle
UK fintech offering merchant-of-record payments, subscription billing and tax compliance for SaaS and software companies.
- Fintech / Payments infrastructure
- active
- Founded 2012
- Researched Sep 2026
The story
Paddle was started in London in 2012 by Christian Owens and Harrison Rose to help software companies sell and manage payments globally. It grew from an early software distribution and payments tool into a full merchant-of-record platform, raising venture funding from investors including KKR and FTV Capital and acquiring subscription-analytics firm ProfitWell in 2022. It now operates as a venture-backed, unicorn-valued payments infrastructure provider serving thousands of SaaS and digital product sellers.
Timeline
Paddle founded
Christian Owens and Harrison Rose start Paddle in London
$200M Series D
KKR-led round values Paddle at $1.4B, making it a UK unicorn
Acquires ProfitWell
Buys subscription metrics firm ProfitWell for about $200M
Founders
Christian Owens
Founder & CEO
Started an earlier software/Mac-bundle business as a teenager before co-founding Paddle at 18
Harrison Rose
Co-Founder & Chief Customer Officer
Co-founded Paddle with Christian Owens at 17-18, dropping out before starting university
13 sourcesEvery fact above links back to these.
- Paddle homepage and schema.org organization datapaddle.com
- Founder-Led Sales: From Failed Launch to 7 Figuressaasclub.io
- Christian Owens - Founder & CEO at Paddle | The Orgtheorg.com
- Interview with Paddle's Co-Founder, Harrison Roseblog.salesflare.com
- Paddle raises $200m Series D round at unicorn valuationfintechfutures.com
- Paddle raises $200m to supercharge SaaS companies' global growthftvcapital.com
- We've raised $200m to supercharge SaaS companies' global growthpaddle.com
- Paddle Raises $25 Million for Payments Infrastructurefinovate.com
- Post Series D Raise, Paddle Acquires ProfitWell for $200Mbuiltinnyc.com
- Paddle - Crunchbase Company Profile & Fundingcrunchbase.com
- Paddle | LinkedInlinkedin.com
- Paddle - Company Profile, Team, Funding | Tracxntracxn.com
- We've acquired ProfitWellpaddle.com