# Paddle funding: rounds and investors > Paddle has raised $46M across 4 rounds since 2016. Investors include Notion Capital, Business Growth Fund and Kindred Ventures. Every round with its source. Source: https://millionrounds.com/company/paddle (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # Who invested in *Paddle* 4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Edtech Financial Services Healthcare Valuation: $1.4B, Mar 2026 Funding summary Updated 26 Oct 2026 **$46M** raised across 4 rounds since 2016, from 4 sources **$700K** Round **$13M** Series B **$8.0M** Round **$25M** Debt - **Latest round:** Debt, $25M Jul 2025 - **Step-up i:** 3.1× - **Investors:** 9 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2020 2022 2024 **$700K** Round **$13M** Series B **$8.0M** Round **$25M** Debt - **First round:** Round, $700K - **Biggest round:** $25M - **Usual gap between rounds:** 14 months [**Paddle** Enterprise 1 / 14 Their pitch deck **Paddle's pitch deck, 14 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/paddle) ## The rounds - **Jul 2025** Debt **$25M** *3 new* *2 returning* [Business Growth Fund](https://millionrounds.com/fund/bgf) [Notion Capital](https://millionrounds.com/fund/notion-capital) [FTV Capital](https://millionrounds.com/fund/ftv-capital) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) 83North Source recorded - **Nov 2018** Round **$8.0M** *2 new* *1 returning* [Notion Capital](https://millionrounds.com/fund/notion-capital) Lead [Business Growth Fund](https://millionrounds.com/fund/bgf) [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) Reported by Uktech - **Dec 2017** Series B **$13M** *2 new* [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) VC Notion/ BGF Reported by TechCrunch - **Oct 2016** Round **$700K** *2 new* [RBC Generator Fund](https://millionrounds.com/fund/rbc-generator-fund) [Hunt Holdings](https://millionrounds.com/fund/hunt-holdings) Reported by BetaKit: funding ## Founders and team From Paddle's own website: 10 on the team. - **Jimmy Fitzgerald** Chief Executive Officer - **Rob Fletcher** President - **Andrew Davies** Chief Innovation Officer - **Ben Aronsten** Chief Marketing Officer - **Coline Marchal** Chief People Officer - **Oliver White** Chief Financial Officer - **Rich Mason** Chief Revenue Officer, International - **Stephen Wilcock** Chief Technical Officer - **Talin Bezmen** Chief of Staff - **Scott Galit** Board Chair ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2016 **Series B** 2017 **Round** 2018 **Debt** 2025 [Notion Capital](https://millionrounds.com/fund/notion-capital) L [Business Growth Fund](https://millionrounds.com/fund/bgf) [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) [FTV Capital](https://millionrounds.com/fund/ftv-capital) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) [RBC Generator Fund](https://millionrounds.com/fund/rbc-generator-fund) [Hunt Holdings](https://millionrounds.com/fund/hunt-holdings) 83North VC Notion/ BGF ## Everyone who backed them [Notion Capital](https://millionrounds.com/fund/notion-capital) VC firm **2** rounds, led 1 [Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **2** rounds [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) VC firm **2** rounds [FTV Capital](https://millionrounds.com/fund/ftv-capital) Private equity **1** round [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) VC firm **1** round [RBC Generator Fund](https://millionrounds.com/fund/rbc-generator-fund) VC firm **1** round [Hunt Holdings](https://millionrounds.com/fund/hunt-holdings) Growth equity **1** round 83North no record of our own yet **1** round VC Notion/ BGF no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paddle). ## Also claim to have backed them This firm lists Paddle as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [TI Capital](https://millionrounds.com/fund/ti-capital-management-llc) Private equity Per its own site ## Quick answers about Paddle ### Who invested in Paddle? Paddle's investors include Notion Capital, Business Growth Fund, Kindred Ventures, FTV Capital and Kindred Capital, and 4 more on record. ### How much has Paddle raised? Paddle has raised $46M across 4 rounds since 2016. ### When did Paddle last raise? Paddle's most recent round was a Debt of $25M in Jul 2025. ### What was Paddle's biggest round? Its most recent round, $25M in Jul 2025, is also its largest on record. ### Who backed Paddle first? Paddle's first round on record, in Oct 2016, was backed by RBC Generator Fund and Hunt Holdings. ### What stage is Paddle at? Paddle's latest named round is a Debt, in Jul 2025. ### Where is Paddle based? Paddle is based in the United Kingdom. ### Who led Paddle's rounds? Notion Capital led the Undisclosed round in 2018. ## Companies like Paddle In the same sector, and raised in the last eighteen months. [**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**sAInaptic** $3.6M · Oct 2026](https://millionrounds.com/company/sainaptic)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app