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8N

83 North

Venture Capital

Portfolio

2

companies


Portfolio companies

F

Floodlight

Floodlight provides a smart business account that consolidates financial data for e-commerce SMEs.

Paddle

Paddle

Paddle provides a complete payments infrastructure and merchant of record service for software companies.


Recent investments

Seed
£5.2M

The seed round was led by Aleph and 83 North to back the smart business account provider.

"The community of e-commerce entrepreneurs deserves better than they’re getting today. We want to give SME leaders the tools they need to grow their businesses with confidence. By providing a seamless financial management solution, we help SMEs overcome their daily challenges while unlocking opportunities to set themselves up for long-term growth. They can better serve their international customers, employees, and providers, and ultimately create more value for their businesses,"
— Noam Bernstein, Co-Founder and CEO
Series C
£52.0M

The revenue delivery platform has secured £52m in a Series C round led by FTV Capital to fuel global expansion.

"We are witnessing a systemic shift within software, with the ‘growth at any cost’ mindset gradually being replaced by a realisation that businesses must scale more efficiently and with clearer purpose. We’ve been extremely impressed with Christian and Harrison’s ambition and Paddle’s growth to date and we believe they are defining a new category with Paddle’s Revenue Delivery Platform — one that will be critical to helping companies adapt to change while empowering them to take advantage of the huge acceleration in demand for digital products. With more than two decades investing in the SaaS and payments sectors, FTV will bring the best of our domain expertise to accelerate Paddle’s exciting growth."
— Kyle Griswold, partner