Paddle
The complete payments, tax, and subscriptions solution for SaaS
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Company mission
To help SaaS companies navigate the revenue journey at every stage.
Employees
201-500
HQ Location
London, UK
OTTA INSIGHTS
Some candidates hear
back within 2 weeks
41% female employees
95% employee growth in 12 months
Otta's take on Paddle
Sam Franklin
CEO of Otta
Software as a service (SaaS) is becoming the dominant way for new companies to sell their products. However, there are a number of interlinked tasks to build a great business. For example, setting up trials and licences, insights and analysis, payment gateways, taxes and internationalisation.
Paddle offers SaaS companies a completely different approach to their payments infrastructure so that fast growth companies don't need to deal with this complicated puzzle. Instead of assembling and maintaining a complex stack of payments-related apps and services, it acts as a Merchant of Record for customers, taking away the pain of payments fragmentation.
The company are now serving over 3000 software sellers in 245 territories globally. With backing from investors including FTV Capital, Kindred, Notion, and 83North, Paddle are setting out to define the next wave of B2B SaaS leaders.
Total funding - $290.8m
Last 2 fundraises
Nov 2020
$68m
SERIES C
May 2022
$200m
SERIES D
This company has top investors
Company benefits
- Share options
- Private healthcare and mental health coaching
- Flexible time off
- Learning and development
- We know that having a baby is a life-changing event. That's why we offer 16 weeks of fully paid parental leave for both moms and dads.
- Work up to 45 days a year from a different country. We will even give you an Airbnb voucher on your first trip.
- Wellbeing points - We give you 60 points a month to treat yourself. What’s it going to be? Gaming voucher or pottery class?
- Transportation subsidies
- Home workstation budget
- Digital first - work fully remote, fully in-office, or hybrid, you choose!
Company values
- Exceptional Together
- Execute with Impact
- Better than Yesterday
Articles
Founders
Christian Owens
(Co-founder & CEO)Founded Paddle after finishing school. A fellow of the Peter Thiel Foundation, which gives $100,000 to young people to build businesses instead of going to university.
Harrison Rose
(Co-founder)Founded Paddle at age 17, after finishing school.
People progressing
Joined as Event Manager and was promoted to Brand & Event Manager after 1 year. Bianca is now Head of Brand.
Diversity & Inclusion at Paddle
- As we start to increase our hiring efforts around the world, we want to share our story that we partner with some amazing companies and helping them grow is our primary ambition. Creating the next influx of Paddlers who understand our mission in helping others succeed is true to who we are
- Scaling businesses is hard - and we have just refreshed our company values and behaviours in readiness for this. Using this as an opportunity to really define our culture will allow us to become a destination employer in how we work with each other and customers. We are really excited to launch these as this has been a real team effort across Paddle to design these values that will be fit for the future
- We want to increase the opportunities for under-represented Paddlers - we are going to partner with third parties to widen our talent pools, and how we create opportunities internally for when new Padders join to give access to further careers and growth
- We’re already proud of the strides we’ve made around gender balance, especially at manager/leadership level and have a rich population of non British employees. Like most companies in our sector there is still much work to be done, but we’re ready and excited to bring about positive change
Paddle is hiring for 6 jobs on Otta!
Product
Finance, Legal & Compliance
Design
Sales & Account Management
