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Paperless Parts Announces $30M Series B Funding Led By Openview Partners

PRIVATESep 13, 2021

Amount Raised

$30 Million

Round Type

Series B

BostonInformation TechnologySoftware Development

Description

Paperless Parts, the leading provider of estimating and quoting software for job shops and contract manufacturers announced a $30 million Series B funding round led by OpenView.

Quick answer

Paperless Parts, Inc. raised $30 Million in a Series B round, dated September 13, 2021. Paperless Parts, Inc. is based in Boston, Massachusetts, United States.

How much did Paperless Parts, Inc. raise?
Paperless Parts, Inc. raised $30 Million in a Series B round on September 13, 2021.
What does Paperless Parts, Inc. do?
Paperless Parts is a Boston-based Series B SaaS company backed by OpenView that is leading the digital transformation for custom part manufacturers.
Where is Paperless Parts, Inc. based and how big is it?
Paperless Parts, Inc. is based in Boston, Massachusetts, United States.
Who are the decision-makers at Paperless Parts, Inc?
Fundz holds 1 contact at Paperless Parts, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as Paperless Parts, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Phase Change Software raised $20K on October 21, 2021.
  • Craxel raised $3.8M (Seed) on October 20, 2021.
  • SafetyChain Software raised $50M on October 20, 2021.
  • Zoba, Inc. raised $12M on October 19, 2021.
  • TrusTrace raised $6M (Series A) on October 14, 2021.
  • Lightspeed Commerce raised $431M on October 14, 2021.

Who to call at Paperless Parts, Inc., and when

A new round usually means Paperless Parts, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Paperless Parts, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Paperless Parts, Inc., from your own LinkedIn network

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Company Information

Company

Paperless Parts, Inc.

Location

205 PORTLAND STREET

Boston, Massachusetts, United States

About

Paperless Parts is a Boston-based Series B SaaS company backed by OpenView that is leading the digital transformation for custom part manufacturers. Our cloud-based software helps manufacturers increase revenue and win more business. Paperless Parts' patented technology and proprietary geometry engine unlocks hidden insights that enable job shop manufacturers to modernize and grow their business. Paperless Parts integrates with your ERP system to level up the way you quote and communicate with customers by rapidly pinpointing manufacturability issues, creating quotes, and processing orders for additive manufacturing, sheet-metal fabrication, and CNC machining production processes.

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Fundz sees it the moment Paperless Parts, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contacts9 people are listed at Paperless Parts, Inc.. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Paperless Parts, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.