What is FiftyThree?
FiftyThree, Inc. is a specialized software developer that has redefined the utility of the iPad through its flagship application, Paper. By bridging the gap between traditional analog sketching and digital workflows, the company provides a comprehensive suite of tools for ideation, note-taking, and artistic creation. Based in New York with a strategic presence in Seattle, the firm focuses on human-centric design, enabling users to capture complex thoughts with minimal friction. Its market position is defined by a commitment to high-fidelity user experiences, positioning the company as a leader in the intersection of mobile hardware and creative software productivity.
How much funding has FiftyThree raised?
FiftyThree has raised a total of $45.1M across 3 funding rounds:
Other Financing Round
$100K
Series A
$15M
Series B
$30M
Other Financing Round (2012): $100K with participation from Vivi Nevo and SV Angel
Series A (2013): $15M led by SV Angels, Thrive Capital, and Highline Ventures
Series B (2015): $30M supported by Highline Ventures, Thrive Capital, SV Angels, Andreessen Horowitz, and New Enterprise Associates
Key Investors in FiftyThree
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses by providing essential resources, strategic insights, and a vast network to help companies scale.
Thrive Capital
Thrive Capital is a New York-based venture capital firm that primarily focuses on internet and software investments, providing the necessary capital for high-growth technology companies.
Highline Ventures
HighLine Ventures is a private investment and advisory firm that focuses on early-stage opportunities in financial technology, media, and human sustainable performance.
What's next for FiftyThree?
Looking ahead, the infusion of capital from the latest funding round provides FiftyThree with the necessary runway to expand its product ecosystem and deepen its integration within enterprise workflows. The company is well-positioned to leverage its existing user base to drive further adoption of its collaborative features. Strategic priorities likely include the enhancement of cross-platform functionality and the development of advanced features that cater to professional designers and creative teams. As the digital workspace continues to evolve, FiftyThree's focus on intuitive, high-performance tools will be critical in maintaining its competitive edge against emerging productivity platforms.
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