Flypaper Studio

SoftwareSeries APhoenix, USflypaper.com

Latest round

Series A

Last raised

Aug 2008

Total raised

$10M

Investors

2

About Flypaper Studio

Flypaper Studio Inc.Flypaper Studio Inc. specializes in providing construction software solutions to improve project management. Founded in 1988 and headquartered in Phoenix, US, the company has undergone strategic shifts to focus on enhancing its software offerings. Nick Fredricks, the founder and current CEO, previously led initiatives in technology development before establishing Flypaper.FlyPaper Technologies, LLC specializes in construction software solutions, primarily focusing on enhancing project predictability and risk management through its flagship product, Sherlock. Sherlock streamlines collaborative efforts within construction projects, simplifying the identification and management of clashes in design models, reducing the time to address coordination issues from hours to seconds. The software enables users to visually pinpoint clashes in plan views with intuitive graphics, enhancing workflow for draftsmen, BIM coordinators, and MEP project leads.FlyPaper Technologies engages in a subscription-based revenue model, offering access to their software solutions, particularly Sherlock, through tailored pricing plans. Clients typically enter into annual or multi-year agreements for uninterrupted access to updates, technical support, and new features. Transactional relationships exist primarily with construction firms and engineering companies, fostering long-term partnerships.Looking ahead, Flypaper Studio Inc. is focused on expanding its product line and geographic reach. The company is developing new features for Sherlock aimed at enhancing user experience and improving functionality, with anticipated rollouts in the coming fiscal year. They aim to penetrate additional international markets to broaden their client base. The company also seeks to leverage its acquisition by Trivantis Corporation in May 2011 to explore synergies that can enhance growth potential and market presence.

Who invested in Flypaper Studio

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Aug 4, 2008

    Amount

    $3.5M

    Investors

    Locked

  2. Series A

    Jan 30, 2008

    Amount

    $6.8M

    Investors

    Locked

Questions about Flypaper Studio

Who invested in Flypaper Studio?

Flypaper Studio has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Flypaper Studio raised?

Flypaper Studio has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Flypaper Studio last raise money?

Flypaper Studio's most recent round on record is a Series A, in Aug 2008.

What does Flypaper Studio do?

Flypaper Studio is a software company.

Where is Flypaper Studio headquartered?

Flypaper Studio is headquartered in Phoenix, US.

Which VCs invest in companies like Flypaper Studio?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Flypaper Studio's stage. Their profiles are linked below.

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