Paperspace Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 33

Employees

  • 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
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 20 Jay Street
  • Suite 312
  • Brooklyn, NY 11201
  • United States
+1 (718)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Parent Company
DigitalOcean
Vertical(s)
Big Data, CloudTech & DevOps, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 20 Jay Street
  • Suite 312
  • Brooklyn, NY 11201
  • United States
+1 (718)

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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
To view Paperspace’s complete valuation and funding history, request access »

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%
To view Paperspace’s complete cap table history, request access »

Paperspace Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a cloud-based virtual desktop platform intended to make cloud computing more accessible. The company's platf
Business/Productivity Software
Brooklyn, NY
33 As of 2024

Singapore, Singapore
 

Mountain View, CA
 
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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
You’re viewing 5 of 62 competitors. Get the full list »

Paperspace Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 46 investors. Get the full list »

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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.

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