Richard brings banking and regional coverage experience from roles at HSBC Innovation Banking, Silicon Valley Bank, and Barclays.
MG
Matthew Gazeley
PR Manager
Matthew brings communications and public relations experience from roles at HSBC Innovation Banking, Silicon Valley Bank, and Folk2Folk.
Bailey Morrow
Director
Bailey heads climate tech, consumer internet and frontier tech at HSBC Innovation Banking, following roles at Silicon Valley Bank spanning venture capital and growth stage technology banking.
Ben brings extensive banking experience in the innovation economy. He currently serves as UK Head of Venture, Innovation Economy at J.P. Morgan, following several years in senior roles at Silicon Valley Bank.
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."
Element Ventures led the Series A round with participation from Fuel Ventures and Silicon Valley Bank.
"The traditional model for knowledge sharing lacks innovation and is cost prohibitive to scale. At Arbolus we’re building a platform that breaks that framework and gives professionals more autonomy. We are driven by the mission of making the world’s offline knowledge digitally accessible to a much wider customer base. We want to index the world’s human knowledge and make that widely searchable for the first time"
Silicon Valley Bank provided the venture debt financing to support the company as it targets further growth.
"Arctic Shores is an exciting Manchester-based innovation company, and it has been great to be able to support them on their impressive journey of rapid growth. We look forward to a continued partnership with the team as they look to scale further."
The revolving lending facility from Silicon Valley Bank and NPIF Maven Equity Finance will fund international expansion and job creation.
"Silicon Valley Bank and NPIF -Maven’s support comes at a pivotal time for our business. The strides we have made in the digital adoption market over the last three years has placed AppLearn on the cusp of transformative growth. This funding now enables us to put in place the foundations to fuel our ambitious international strategy and growth plans."
