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- Paddle HR
Paddle HR Acquisition, Valuation, Funding & Investors
Paddle HR was acquired by LinkedIn for $1B in March 2022.
Paddle HR acquisition price
$1B
Acquired by LinkedIn · Mar 2022
Cumulative funding Paddle HR raised
$500K
across 1 funding round
Key investors in Paddle HR
RBC Generator Fund
About Paddle HR
Paddle HR is a machine learning platform that analyzes internal HR data to recommend employee candidates for open roles. The New York-based tool evaluates performance history, skills, and potential to generate bias-reduced matches, supporting corporate talent mobility and internal recruiting processes.
Founded
2016
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (acquired Mar 2022)
Paddle HR Acquisition
Paddle HR was acquired by LinkedIn for $1B on 29 March 2022.
Before the acquisition Paddle HR had raised $500K across 1 funding round.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 29 Mar 2022 | PE buyout | $1B |
Paddle HR Funding History
Paddle HR has raised a total of $500K across 1 funding round.
Paddle HR funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Oct 2016 | Pre-seed | RBC Generator Fund | $500K |
Who has invested in Paddle HR?
1 investor has backed Paddle HR across its funding rounds, including RBC Generator Fund.
Paddle HR Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Paddle HR investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialPaddle HR Competitors
Paddle HR competitors include listed companies like Freee and ATOSS Software, and private ones like Assembled, Awardco, Beamery and Darwinbox.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | $42M | - | $1B | - | ||
| Publicly listed | $214M | $6M | $1.5B | 4.8x | ||
| Publicly listed | $218M | $84M | $1.7B | 6.4x |
Paddle HR Public Comps
Paddle HR is no longer listed, but its public comps include Teamshares, Freee, Nordtech Group, ATOSS Software, AdvancedAdvT, Beisen Holding, Zaggle Prepaid Ocean, Asure Software, DHI Group and TON Strategy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $472M | ($23M) | 1.7x | 1.4x | (35.0x) | 33.2x | |||
| $214M | $6M | 6.3x | 4.8x | 237.7x | 65.4x | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $218M | $84M | 7.0x | 6.4x | 18.2x | 17.1x | |||
| $72M | $13M | 2.5x | 2.4x | 14.1x | 8.9x | |||
| $165M | $2M | 0.3x | 0.3x | 22.3x | 5.2x | |||
| $199M | $20M | 1.0x | 1.0x | 10.4x | 10.7x | |||
| $141M | $20M | 2.1x | 1.9x | 15.2x | 8.0x | |||
This data is available for Pro users. Sign up to see all Paddle HR competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Paddle HR
| When was Paddle HR founded? | Paddle HR was founded in 2016. |
| Where is Paddle HR headquartered? | Paddle HR is headquartered in Toronto, Canada. |
| Is Paddle HR publicly listed? | No, Paddle HR was acquired by LinkedIn in March 2022. |
| Who acquired Paddle HR? | Paddle HR was acquired by LinkedIn in March 2022. |
| How much was Paddle HR acquired for? | Paddle HR was acquired for $1B in March 2022. |
| How much funding has Paddle HR raised? | Paddle HR has raised $500K across 1 funding round. |
| What was Paddle HR's last funding round? | Paddle HR's last funding round was a $500K pre-seed round in October 2016. |
| Who are Paddle HR's investors? | Paddle HR's investors include RBC Generator Fund. |
| Which companies are comparable to Paddle HR? | Companies comparable to Paddle HR include Assembled, Awardco, Beamery, Darwinbox, Freee and ATOSS Software. |
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