March 20, 2021

Klarna confirms new $31B valuation

Klarna

Investment raised

USD 1B

Valuation

USD 31 Billion

Sector

Region

🏆 Deal of the Month · March 2021

Klarna raised USD 1 billion in a Private Investment Round in March 2021, at a post-money valuation of USD 31 billion. The round was backed by a combination of new and existing investors. The deal was recognised by Venionaire DealMatrix as Deal of the Month for March 2021.

Klarna — key deal facts

Company Klarna
Founded 2005
Headquarters Stockholm, Sweden
Amount raised USD 1B
Valuation USD 31 Billion
Round Private Investment Round
Investors Combination of new and existing investors
Sectors FinTech

Who invested in Klarna?

The round was supported by a combination of new and existing investors. The participation of both new and returning backers signals continued confidence in Klarna's growth trajectory and business model. The breadth of the investor base reflects sustained institutional appetite for large-scale FinTech opportunities in Europe.

What does Klarna do?

Klarna is a Stockholm-based FinTech company and digital bank founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson. The company offers buy now, pay later services, interest-free payment options, the Klarna Card, and an AI-powered shopping and budgeting app. Klarna also provides retail marketing and e-commerce tools for merchant partners. Sebastian Siemiatkowski serves as CEO and the company is headquartered in Stockholm, Sweden.

Klarna valuation & multiples

Frequently asked questions

How much did Klarna raise in its Private Investment Round?

Klarna raised USD 1 billion in a Private Investment Round in March 2021.

What is Klarna's valuation?

Klarna was valued at USD 31 billion at the time of its March 2021 Private Investment Round.

Who invested in Klarna?

The round was funded by a combination of new and existing investors; no individual lead investor was disclosed.

When was Klarna founded and where is it based?

Klarna was founded in 2005 and is headquartered in Stockholm, Sweden.

Source: original announcement — read the full report.

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