What is Paper.id?
Paper.id operates as a comprehensive full-stack B2B Invoicing and Payment Platform. The company empowers businesses to streamline the sending, tracking, and reconciliation of documents, while also facilitating digital payment options and providing supply chain-based financing. Established in late 2016, Paper.id offers integration capabilities with large enterprise ERP systems via APIs, and also serves as an end-to-end solution for Small and Medium-sized Enterprises (SMEs). By connecting and digitizing the entire supply chain, Paper.id addresses critical needs for efficiency and financial accessibility in business operations.
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 Go Ventures, Redbadge Pacific, Square Peg, Skystar Capital, SMBC Asia Rising Fund, and Incubate Fund
Key Investors in Paper.id
Go Ventures
GoVentures, Inc. focuses on applying engineering principles to create safer and better solutions for the future, likely targeting clients seeking advanced engineering solutions and innovation.
Redbadge Pacific
Redbadge Pacific is the Asia-Pacific arm of a global alternative asset manager, providing access to capital for growing businesses and entrepreneurs, particularly in Korea and Southeast Asia.
Skystar Capital
Skystar Capital is an early-stage venture capital firm dedicated to empowering tech entrepreneurs in Southeast Asia and Indonesia, offering financial backing and strategic advice.
What's next for Paper.id?
The recent major strategic investment positions Paper.id for accelerated expansion and further development of its platform capabilities. With a substantial total funding amount of $12M secured, the company is poised to enhance its integration services for enterprise clients and broaden its reach within the SME market. Future initiatives are likely to focus on deepening supply chain financing offerings and expanding digital payment functionalities, reinforcing Paper.id's role as a key enabler of digital transformation and financial inclusion across business ecosystems.
See full Paper.id company page
