What is Paper.id?
Paper.id operates as a comprehensive B2B Invoicing & Payment Platform, designed to streamline the sending, tracking, and reconciliation of business documents. The platform facilitates digital payment options and offers supply chain financing solutions. Established in late 2016, Paper.id is engineered for integration with large enterprises via APIs, while also serving as an end-to-end solution for Small and Medium-sized Enterprises (SMEs). Its core function is to digitize and connect the entire supply chain, enhancing operational efficiency and financial flow.
How much funding has Paper.id raised?
Paper.id has raised a total of $12M across 1 funding round:
Series B
$12M
Series B (2024): $12M with participation from Incubate Fund, Skystar Capital, SMBC Asia Rising Fund, Go Ventures, Square Peg, and Redbadge Pacific
Key Investors in Paper.id
Incubate Fund
Incubate Fund is a venture capital firm focused on supporting early-stage entrepreneurs with capital and human resources to maximize growth potential and create social impact.
Skystar Capital
Skystar Capital is an early-stage venture capital firm dedicated to empowering tech entrepreneurs in Southeast Asia and Indonesia with financial backing and strategic advice.
Redbadge Pacific
Redbadge Pacific, the Asia-Pacific arm of a U.S. family office, acts as a global alternative asset manager providing capital and strategic partnerships to growing businesses in Korea and Southeast Asia.
What's next for Paper.id?
The recent major strategic investment signifies a pivotal growth phase for Paper.id, likely enabling the company to expand its market reach, enhance its technological infrastructure, and deepen its integration capabilities within enterprise systems. This capital infusion is expected to accelerate the company's mission to digitize supply chains and provide robust financial solutions. Future developments may include further platform enhancements, strategic partnerships, and an increased focus on global market penetration, solidifying its position as a leader in B2B financial technology.
See full Paper.id company page
