Tech Company Financing Transactions

Klarna Funding Round

On 9/16/2020, Klarna landed $650 million in funding from Silver Lake, BlackRock and GIC.

Transaction Overview

Company Name
Announced On
9/16/2020
Transaction Type
Venture Equity
Amount
$650,000,000
Round
Undisclosed
Investors

Silver Lake (Lead Investor) (Jonathan Durham)

BlackRock

GIC

HMI Capital (Sean Barrett)

Proceeds Purpose
The funding will help Klarna further invest in its unique shopping offering, continue to grow its global presence, and accelerate its strong momentum across all markets, especially in the US where the company is growing particularly rapidly and now has more than 9 million consumers.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
629 N. High St. 3rd Floor
Columbus, OH 43215
USA
Email Address
Not Recorded
Overview
Klarna streamlines one solution for all payments, saving you both time and money on administration. New customers only need to enter top-of-mind information including email, zip code and billing address. For returning customers, it's a one tap payment experience.
Profile
Klarna LinkedIn Company Profile
Social Media
Klarna Company Twitter Account
Company News
Klarna News
Facebook
Klarna on Facebook
YouTube
Klarna on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sebastian Siemiatkowski
  Sebastian Siemiatkowski LinkedIn Profile  Sebastian Siemiatkowski Twitter Account  Sebastian Siemiatkowski News  Sebastian Siemiatkowski on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/16/2020: EmPath venture capital transaction
Next: 9/16/2020: nTopology venture capital transaction

 

Share this article

 


News on VC Transactions

We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary