Gunderson Dettmer client GoCardless raises $75M

February 18, 2019Client News

GoCardless, an online-payment platform network built for international recurring payments, has raised $75 million in Series E funding. The financing round was led by new investors Adams Street Partners, GV and Salesforce with participation from existing investors Accel, Balderton Capital, Notion Capital and Passion Capital.

GoCardless now processes $10 billion in transactions for 40,000 businesses a year. In the funding announcement GoCardless CEO Hiroki Takeuchi said, “Thanks to the support of our investors we can now open up our global network and payments platform to more businesses across the world, delivering on our mission to take the pain out of getting paid, so that businesses can focus on what they do best.”

Gunderson Dettmer’s deal team representing GoCardless was led by Richard Hesp and included David Horne, Stephen Damato and Naomi Smith.