Paperspace
2014
FOUNDED
PRIVATE
STATUS
11-20
EMPLOYEES
Series A
LATEST DEAL TYPE
$19M
LATEST DEAL AMOUNT
40
INVESTORS
Description
Provider of a cloud-based virtual desktop platform designed to help in conducting computer operations. The company's GPU-accelerated DaaS platform offers a cloud-based personal computer which can be accessed from any web browser, enabling consumers to access cloud computing.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Other Software
Primary Office
- 20 Jay Street
- Brooklyn
- New York, NY
- United States
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Paperspace Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | 23-Oct-2018 | $19M | 000.00 | 0000 | Completed | Startup |
| 3. Debt - General | 26-Oct-2017 | 00.000 | Completed | Generating Revenue | ||
| 2. Seed Round | 27-Jul-2016 | $4M | $4.12M | Completed | Startup | |
| 1. Accelerator/Incubator | 23-Mar-2015 | $120K | $120K | 00.000 | Completed | Startup |
Paperspace Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A5 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A4 | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A3 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A2 | 567,057 | $0.000010 | $0.05 | $0.62 | $0.62 | 1x | $0.62 | 1.64% |
| Series A1 | 403,876 | $0.000010 | $0.04 | $0.5 | $0.5 | 1x | $0.5 | 1.16% |
Paperspace Competitors (7)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| StudyStream Ltd | Corporation | |||||
| 000000 | Corporation | North Miami Beach, FL | ||||
| 00000000 | Corporate Backed or Acquired | Wauwatosa, WI | 000000&0 | |||
| 00000 000000000 | Venture Capital-Backed | Chicago, IL | 000 | 0000 | 00000000000 | 0000 |
| 0000000000000 | Corporation | Atlanta, GA | 00 |
Paperspace Investors (40)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Battery Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Intel Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| SineWave Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Sorenson Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Adam Corey | Angel (individual) | Minority | 000 0000 | 000000 0 |
Paperspace Executive Team (2)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Dillon Erb | Co-Founder & Chief Executive Officer | ||
| Daniel Kobran | Co-Founder, Secretary & Board Member |
Paperspace Board Members (1)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Daniel Kobran | Paperspace | Co-Founder, Secretary & Board Member | 000 0000 |