Tech Track 100

Chief executive Christian Owens, 26, had created his own invoicing tool by the age of 15 and went on to start this e-commerce management company with Harrison Rose, also 26, in 2012. Paddle’s platform automates more than 2,000 software companies’ billing. It has raised £24m to date from investors, including Notion Capital, Kindred, 83North and BGF. Further expansion in America — the firm’s largest market — helped sales hit an annualised £7.7m in 2019. When the pandemic struck, its employees, or “Paddlers”, were given a budget to create their own home offices. It has advised on the implementation of flexible payment plans for customers, whose support requests have increased by 20% during the crisis.

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Company details
Year2020
Rank12
CompanyPaddle
ActivityE-commerce software developer
LocationCentral London
Average 3 year sales growth159.62%
Latest sales £000s†7,744
Staff119
Founded2012
Websitewww.paddle.com

If applicable:

* supplied by company † annualised figure