Paperless Parts
Latest round
- Series B
Last raised
- Sep 2021
Total raised
- $30M
Investors
- 1
About Paperless Parts
Based in the US, Paperless Parts, Inc.Founded in 2017 and headquartered in Boston, US, Paperless Parts, Inc. specializes in software solutions that streamline quoting for manufacturers.Paperless Parts specializes in providing innovative quoting and estimating software specifically designed for the manufacturing sector. Their core product offerings include a centralized platform that streamlines the quoting process for diverse manufacturing applications, such as CNC machining, sheet metal fabrication, additive manufacturing, and Swiss screw machining. The software automates the analysis of part files to identify critical variables, enabling manufacturers to quote single components and complex assemblies significantly faster than traditional methods. Their solution is tailored for various end users, including job shops, contract manufacturers, and large-scale manufacturers across industries such as aerospace, defense, medical devices, and heavy machinery.Paperless Parts operates on a subscription-based revenue model, where clients typically pay for access to their software as a service (SaaS). This structure allows businesses to engage with the platform on a monthly or annual basis, depending on their needs. The company’s flagship product facilitates rapid and accurate quoting, helping manufacturers respond to RFQs (Requests for Quotations) more efficiently than traditional methods. Partnerships and integrations with technology providers enhance the value proposition of their offering. Additionally, Paperless Parts supports various roles within manufacturing operations, from estimators to CEOs, ensuring that its software serves a wide range of customer needs effectively.In September 2021, Paperless Parts, Inc. This includes a recently announced partnership with PennEngineering, as well as enhancements to its engineering, product, customer success, and support teams. The company aims to introduce new products to the market, further solidifying its presence in the manufacturing sector.
Who invested in Paperless Parts
1 investor across 1 round
See all investors in Paperless Parts
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Sep 13, 2021
Amount
$30M
Investors
Questions about Paperless Parts
Who invested in Paperless Parts?
Paperless Parts has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paperless Parts raised?
Paperless Parts has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Paperless Parts last raise money?
Paperless Parts's most recent round on record is a Series B, in Sep 2021.
What does Paperless Parts do?
Based in the US, Paperless Parts, Inc.
Where is Paperless Parts headquartered?
Paperless Parts is headquartered in Boston, US.
Which VCs invest in companies like Paperless Parts?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Paperless Parts's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Paperless Parts? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.