The Series D investment — led by KKR with participation from previous backers FTV Capital, 83North, Notion Capital, Kindred Capital, with debt from Silicon Valley Bank — values London-based Paddle at $1.4 billion. With this round, the startup has raised $293 million.
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Target – PADDLE.COM MARKET LIMITED
Buyer – Kohlberg Kravis Roberts & Co (KKR)
Buyer – FTV Capital
Buyer – 83NORTH UK LLP
Buyer – NOTION CAPITAL PARTNERS LLP
Buyer – KINDRED CAPITAL LLP
Seller – Shareholders