Total amount raised
$4.6 Billion
Latest funding date
12/1/2024
Location
Klarna has successfully raised funding over 32 rounds, with the latest being a Debt Financing round. The company is backed by 78 investors, including notable names like Santander and Manhattan Venture Partners.
Keep reading to explore the intricacies of Klarna's fundraising journey and the investors backing this innovative platform.
What Is Klarna?
Klarna, headquartered in Stockholm, Sweden, is a prominent player in the financial technology industry. Founded in 2005, the company has grown to employ between 1001 and 5000 people.
Specializing in flexible payment solutions, Klarna operates across various sectors, including E-Commerce, Financial Services, FinTech, Payments, and Shopping. The company offers a range of payment options, such as paying in installments, paying in full, or financing over time.
As a global digital bank, Klarna is committed to providing secure and smooth checkout experiences for both shoppers and businesses, partnering with numerous retailers to enhance customer satisfaction.
How Much Funding Has Klarna Raised?
- Debt Financing
- Amount Raised: EUR 1,400,000,000 (approx. USD 1,650,000,000)
- Date: August 2025
- Lead Investors: Santander
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational and expansion activities.
- Series Unknown
- Amount Raised: USD 4,335,771
- Date: December 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bolster financial stability and support growth initiatives.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: November 2023
- Lead Investors: Manhattan Venture Partners (MVP)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Series Unknown
- Amount Raised: USD 800,000,000
- Date: July 2022
- Lead Investors: Sequoia, Silver Lake, Mubadala Investment Company
- Valuation at Round: USD 6,700,000,000
- Motivation Behind the Round: To expand market position in the US and navigate challenging economic conditions.
- Series Unknown
- Amount Raised: SEK 15,000,000 (approx. USD 1,700,000)
- Date: December 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and growth.
- Secondary Market
- Amount Raised: GBP 6,640,580 (approx. USD 8,800,000)
- Date: December 2021
- Lead Investors: Crowdcube
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Secondary Market
- Amount Raised: USD 6,000,000
- Date: July 2021
- Lead Investors: Arctic Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Series Unknown
- Amount Raised: USD 639,000,000
- Date: June 2021
- Lead Investors: SoftBank Vision Fund
- Valuation at Round: USD 45,600,000,000
- Motivation Behind the Round: To support global expansion and technological advancements.
- Secondary Market
- Amount Raised: USD 8,200,000
- Date: March 2021
- Lead Investors: Mindrock Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Series Unknown
- Amount Raised: USD 1,000,000,000
- Date: March 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and growth.
Total Amount Raised: USD 3,118,735,771
Current Valuation: USD 6,700,000,000
Key Investors
- Santander
- Details: Santander is a major global bank headquartered in Spain. It offers a wide range of financial services, including retail banking, corporate banking, and investment banking.
- Investment Focus Areas: Financial services, banking, fintech.
- Notable Investments: Santander has invested in various financial services and fintech companies.
- Sequoia
- Details: Sequoia Capital is a prominent American venture capital firm that invests in early and growth-stage companies. It has a long history of backing successful tech startups.
- Investment Focus Areas: Technology, healthcare, consumer, financial services.
- Notable Investments: Apple, Google, PayPal.
- Silver Lake
- Details: Silver Lake is a global private equity firm focused on large-scale investments in technology and technology-enabled industries. It manages over $90 billion in combined assets.
- Investment Focus Areas: Technology, technology-enabled industries.
- Notable Investments: Dell Technologies, Airbnb, Twitter.
- Mubadala Investment Company
- Details: Mubadala is a state-owned holding company based in Abu Dhabi. It manages a diverse portfolio of investments across various sectors globally.
- Investment Focus Areas: Aerospace, ICT, semiconductors, metals & mining, renewable energy, utilities.
- Notable Investments: AMD, GlobalFoundries, Cepsa.
- Manhattan Venture Partners (MVP)
- Details: Manhattan Venture Partners is a venture capital firm specializing in secondary market investments. It focuses on providing liquidity to early investors and employees of high-growth private companies.
- Investment Focus Areas: Venture capital investments, technology startups.
- Notable Investments: Known for investments in technology startups.
What's Next for Klarna?
As Klarna navigates the future, the company sees significant opportunities in expanding its market presence in the United States. With nearly 30 million users and integration with 30 of the top 100 U.S. e-commerce sites, the potential for growth is substantial. The recent $800 million funding round provides the necessary capital to fuel this expansion and enhance product offerings.
Future fundraising opportunities may arise as Klarna continues to demonstrate resilience and growth in a challenging economic environment. The involvement of prominent investors like Sequoia and Mubadala Investment Company suggests ongoing confidence in Klarna's business model and market potential. However, the company must navigate challenges such as high inflation, rising interest rates, and intense competition from new entrants like Apple.
Despite these hurdles, Klarna's strong consumer base and innovative approach position it well for future success. The company aims to leverage its established market presence and recent investments to drive growth and profitability, ensuring it remains a key player in the fintech industry.
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