# Paper

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paper-2

- Industry: Software
- Headquarters: Irvine, US
- Website: www.paper.design/
- Total disclosed funding: $38M
- Latest round: Series A (Jul 22, 2026)
- Investors on record: 6

## About

Based in California, US, founded in 2024, Lost Coast Labs, Inc. dba Paper offers a unified design platform. The company was founded by Stephen Haney (CEO as of 2026). In July 2026, Paper raised USD 34 million in series A funding co-led by Accel and ICONIQ Capital, with participation from Designer Fund and Base Case Capital.

Paper offers a comprehensive design platform that integrates design, code, and data into a unified workflow. Its core product features a connected canvas designed for teams, enabling users to create, share, and export designs seamlessly while maintaining real-time collaboration. The platform prioritizes web standards to ensure fidelity and consistency, addressing challenges in asset management across applications. Key functionalities include the synchronization of design tokens, styles, and components through agents, streamlining the design-to-code process. Paper serves designers and developers in North America, Europe, and Asia, targeting tech companies, creative agencies, and enterprises with tailored solutions.

Paper generates revenue through a subscription model, offering various pricing plans aligned with different user needs and organizational sizes. Clients subscribe to access features such as design collaboration tools, code exports, and integration capabilities with existing software ecosystems. The connected canvas, as the flagship product, is central to this revenue structure, attracting teams seeking more efficient design workflows. Additionally, partnerships with technology providers may create additional revenue streams, benefiting clients by enhancing their design processes.

The company plans to use the July 2026 funding to build new product features, hire staff, and improve tools that support design and development workflows.

## Funding rounds

- Series A, Jul 22, 2026, $34M — Accel, ICONIQ Capital, Designer Fund, Base Case Capital
- Seed, Feb 25, 2025, $4.2M — Accel, Tiny Super Computer Investment Company, Base Case Capital, Nebular Management

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Seed
- Base Case Capital (https://capitalatlas.ai/funds/base-case-capital) — Seed, Series A
- Nebular Management (https://capitalatlas.ai/funds/nebular-management) — Seed
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series A
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Series A