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

Paddle HR Overview

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

CanadaToronto

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.

Paddle HR acquisition details
AcquirerDateTypePrice
  • LinkedIn
29 Mar 2022PE buyout$1B

Paddle HR Funding History

Paddle HR has raised a total of $500K across 1 funding round.

Paddle HR funding rounds

Paddle HR funding rounds
DateStageInvestorsRaised
Oct 2016Pre-seedRBC 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

Investors in Paddle HR by funding rounds participated
InvestorHQRoundsRoleFirst check

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Paddle HR Competitors

Paddle HR competitors include listed companies like Freee and ATOSS Software, and private ones like Assembled, Awardco, Beamery and Darwinbox.

Public and private companies comparable to Paddle HR
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AssembledUnited StatesSan Francisco, CAPrivate--$1B-
AwardcoUnited StatesSalt Lake City, UTPrivate--$1B-
BeameryUnited KingdomLondonPrivate--$1B-
DarwinboxIndiaHyderabadPrivate$42M-$1B-
FreeeJapanJapanPublicly listed$214M$6M$1.5B4.8x
ATOSS SoftwareGermanyGermanyPublicly listed$218M$84M$1.7B6.4x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Teamshares$472M($23M)1.7x1.4x(35.0x)33.2x
Freee$214M$6M6.3x4.8x237.7x65.4x
Nordtech Group$72M$15M5.1x-25.2x-
ATOSS Software$218M$84M7.0x6.4x18.2x17.1x
AdvancedAdvT$72M$13M2.5x2.4x14.1x8.9x
Beisen Holding$165M$2M0.3x0.3x22.3x5.2x
Zaggle Prepaid Ocean$199M$20M1.0x1.0x10.4x10.7x
Asure Software$141M$20M2.1x1.9x15.2x8.0x

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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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