What is Paperless Post?
Paperless Post operates in the Internet Service Providers, Website Hosting & Internet-related Services industry, providing a platform for digital invitations and stationery. The company, which employs between 50 to 99 individuals and generates between $1M to $5M in revenue, has focused on creating a seamless and elegant digital experience for event planning and communication. Its services cater to a wide range of personal and professional needs, offering customizable designs and efficient delivery mechanisms.
How much funding has Paperless Post raised?
Paperless Post has raised a total of $35.6M across 5 funding rounds:
Series A
$1.4M
Series B
$6M
Series C
$24.3M
Debt
$2M
Debt
$2M
Series A (2009): $1.4M, investors not publicly disclosed
Series B (2012): $6M led by RRE Ventures and SV Angel
Series C (2014): $24.3M supported by SV Angel, RRE Ventures, and August Capital
Debt (2020): $2M featuring PPP
Debt (2021): $2M backed by PPP
Key Investors in Paperless Post
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale. The firm emphasizes a commitment to doing the right thing and fostering a supportive community within the technology ecosystem. Their approach focuses on being present during critical moments in a company's growth, ensuring that founders receive the guidance and assistance they need.
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey. The firm invests in a diverse portfolio of startups, focusing on long-term partnerships with entrepreneurs. RRE aims to back exceptional teams and innovative ideas to foster growth and success. Their intended clients are startup founders and entrepreneurs looking for strategic investment and support.
August Capital
August Capital specializes in venture capital, taking a personal approach to their investments. They focus on investing in fewer enterprises, providing significant support to entrepreneurs in developing transformative businesses. Their team is dedicated to guiding portfolio companies toward success. August Capital emphasizes strong relationships and insights within their investment strategy.
What's next for Paperless Post?
The recent major strategic investment signals a new phase of expansion for Paperless Post. This capital will likely be directed towards enhancing its technological infrastructure, expanding its design catalog, and potentially exploring new market segments or service offerings. The company's consistent funding history, including Series A, B, and C rounds, indicates a strong investor confidence in its business model and future potential. Future growth may involve further platform development, strategic partnerships, and increased marketing efforts to solidify its standing as a leader in the digital stationery market.
See full Paperless Post company page
