The Series A round will fund expansion across the United States and Europe for the cultural preservation platform.
"We believe that collecting organisations should have access to cost-effective technology to help conserve our shared cultural legacy. COVID-19 has hastened a shift in an organization's expectations for cost-effective, remote-accessible solutions. We want to give an amazing experience for managing the data that drives preservation outcomes to all collecting organisations, regardless of size or location."
The Series D round values the payments infrastructure provider at $1.4bn and includes participation from several existing investors.
"The opportunity in software is enormous, with tens of thousands of incredibly innovative businesses bringing great products to market every year. Unfortunately, many SaaS companies still find their growth hindered by the operational challenges that arise when scaling; from handling subscriptions management or tax compliance to localizing payment options in every market. Paddle was created to remove these invisible barriers so that SaaS companies can just focus on building and selling software. 2021 was a fantastic year for us, but we are only just getting started. We have big plans for 2022 and beyond and we’re delighted to have the backing of so many fantastic investors who all share our vision."
The pre-seed round features backing from Vine Ventures and Lionheart Ventures alongside UK angels.
"Psychedelic assisted therapy could be ground-breaking for mental health treatment, and the UK is well-placed to be at the vanguard of that as a global leader in clinical trials post-Brexit. Clerkenwell Health’s aim is to establish the UK as the heart of the commercial psychedelic research ecosystem, working closely with mental health experts and drug developers around the world to tackle some of the most complex mental health conditions."
The Series A round was led by Atomico with participation from notable angel investors and existing backers.
"This is the first time we have seen a tool really designed with the needs of business owners in mind, empowering them with access to everything they need in one place, in a world where most teams are still forced to buy multiple fragmented solutions, work in silos, or pay high legal fees to outside experts"
