Paperless Parts

Paperless Parts Overview

  • Founded
  • 2017
Founded
  • Status
  • Private
  • Employees
  • 14
Employees
  • Latest Deal Type
  • Angel
  • Latest Deal Amount
  • $1.05M
Latest Deal Amount

Paperless Parts General Information

Description

Provider of a smart marketplace intended to offer custom parts and make manufacturing more accessible. The company's smart marketplace uses proprietary technology tools, to eliminate all costs associated with sourcing and quoting, leverages technology in three core areas: geometric file interrogation, machine learning, and supplier-driven activity-based costing, enabling developers to get instant quotes, place orders in minutes and get their parts in days.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Business/Productivity Software
Other Industries
Information Services (B2C)
Primary Office
  • 137 Portland Street Lower Level
  • Boston, MA 02114
  • United States

Paperless Parts Timeline

201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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Paperless Parts Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Angel (individual) 24-Oct-2019 $1.05M 00.000 Completed Generating Revenue
2. Seed Round 31-Jan-2018 000 00.00 0000 Completed Generating Revenue
1. Seed Round 07-Feb-2017 $500K $500K 00.00 Completed Startup

Paperless Parts Cap Table

To view Paperless Parts‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed 2 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed 000,000 00.000000 00.00 00.00 00 00.00 0.00

Paperless Parts Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Digifabster Venture Capital-Backed Pasadena, CA 0 00.000 000000000000 00.000
00000000 Corporate Backed or Acquired San Rafael, CA 00000 0000
00000 0000000000 0 Corporation Lakewood, NY

Paperless Parts Executive Team (5)

Name Title Board Seat Contact Info
Jason Ray Co-Founder, President, Chief Executive Officer & Board Member
Scott Sawyer Co-Founder & Chief Technology Officer
Matt Sordillo Co-Founder & Director of Marketing Services
Jay Jacobs Co-Founder & Chairman

1 Former Executive

Paperless Parts Board Members (4)

Name Representing Role Since
James Jacobs II Paperless Parts Board Member 000 0000
Jason Ray Paperless Parts Co-Founder, President, Chief Executive Officer & Board Member 000 0000
Jay Jacobs Paperless Parts Co-Founder & Chairman 000 0000
Ralph Verrilli Self Board Member 000 0000

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