Paperspace Overview
- Year Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
33

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$100M
Paperspace General Information
Description
Operator of a cloud-based virtual desktop platform intended to make cloud computing more accessible. The company's platform offers a cloud-based personal computer that can be accessed from any web browser for building, training, and deploying machine learning models and makes more accessible through radical simplicity, community-driven technical resources, and straightforward pricing, enabling consumers to iterate faster and collaborate on intelligent, real-time prediction engines.
Contact Information
Website
www.paperspace.com(Operating Subsidiary)
Corporate Office
- 20 Jay Street
- Suite 312
- Brooklyn, NY 11201
- United States
Corporate Office
- 20 Jay Street
- Suite 312
- Brooklyn, NY 11201
- United States
Paperspace Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 05-Jul-2023 | $100M | Completed | Generating Revenue | ||
5. Later Stage VC (Series B) | 24-May-2021 | Completed | Generating Revenue | |||
4. Accelerator/Incubator | Completed | Generating Revenue | ||||
3. Early Stage VC (Series A) | 23-Oct-2018 | Completed | Generating Revenue | |||
2. Debt - General | 26-Oct-2017 | $120K | Completed | Generating Revenue | ||
1. Accelerator/Incubator | 23-Mar-2015 | $120K | $120K | Completed | Startup |
Paperspace Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A5 | ||||||||
Series A4 | ||||||||
Series A3 | ||||||||
Series A2 | ||||||||
Series A1 | 403,876 | $0.000010 | $0.04 | $0.5 | $0.5 | 1x | $0.5 | 0.88% |
Series A | 14,364,967 | $0.000010 | $0.08 | $1.01 | $1.01 | 1x | $1.01 | 31.36% |
Paperspace Comparisons
Industry
Financing
Details
Paperspace Competitors (62)
One of Paperspace’s 62 competitors is Sentient.io, a Venture Capital-Backed company based in Singapore, Singapore.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Sentient.io | Venture Capital-Backed | Singapore, Singapore | ||||
ThoughtSpot | Venture Capital-Backed | Mountain View, CA | ||||
Databricks | Venture Capital-Backed | San Francisco, CA | ||||
Uptake | Venture Capital-Backed | Chicago, IL | ||||
KloudFuse | Venture Capital-Backed | Cupertino, CA |
Paperspace Signals
Paperspace Former Investors (46)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
Angel (individual) | Minority | |||
Amino Capital | Venture Capital | Minority | ||
Battery Ventures | Growth/Expansion | Minority | ||
Angel (individual) | Minority |
Paperspace FAQs
-
When was Paperspace founded?
Paperspace was founded in 2014.
-
Where is Paperspace headquartered?
Paperspace is headquartered in Brooklyn, NY.
-
What is the size of Paperspace?
Paperspace has 33 total employees.
-
What industry is Paperspace in?
Paperspace’s primary industry is Business/Productivity Software.
-
Is Paperspace a private or public company?
Paperspace is a Private company.
-
What is the current valuation of Paperspace?
The current valuation of Paperspace is
. -
What is Paperspace’s current revenue?
The current revenue for Paperspace is
. -
How much funding has Paperspace raised over time?
Paperspace has raised $25.3M.
-
Who are Paperspace’s investors?
Amino Capital, Battery Ventures, and are 5 of 46 investors who have invested in Paperspace.
, , -
Who are Paperspace’s competitors?
Sentient.io, ThoughtSpot, Databricks, Uptake, and KloudFuse are some of the 62 competitors of Paperspace.
-
When was Paperspace acquired?
Paperspace was acquired on 05-Jul-2023.
-
Who acquired Paperspace?
Paperspace was acquired by DigitalOcean.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »