About Paperless Post
Paperless Post is a company based in New York (United States) founded in 2008.. Paperless Post has raised $32.35 million across 3 funding rounds from investors including August Capital, RRE Ventures and SV Angel. Paperless Post offers products and services including Online Invitations, Greeting Cards, and Flyers. Paperless Post operates in a competitive market with competitors including JibJab, Punchbowl, StoreCash, Sincerely and Blue Mountain, among others.
- Headquarter New York, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.35 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series C
Apr 25, 2014
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Investors
August Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of Paperless Post
Paperless Post offers a comprehensive portfolio of products and services, including Online Invitations, Greeting Cards, and Flyers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating and sending digital event invitations
Service for customizable electronic cards for various occasions
Digital templates for event announcements and promotions
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Funding Insights of Paperless Post
Paperless Post has successfully raised a total of $32.35M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $25.0M
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First Round
First Round
(11 Dec 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Series C - Paperless Post | Valuation | August Capital | |
| May, 2012 | Amount | Series B - Paperless Post | Valuation |
investors |
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| Dec, 2009 | Amount | Series A - Paperless Post | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paperless Post
Paperless Post has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include August Capital, RRE Ventures and SV Angel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paperless Post
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paperless Post
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paperless Post Comparisons
Competitors of Paperless Post
Paperless Post operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JibJab, Punchbowl, StoreCash, Sincerely and Blue Mountain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customizable eCards and videos for greetings are provided online.
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| domain | founded_year | HQ Location |
Digital invitations and greeting cards are sold online for personalization.
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| domain | founded_year | HQ Location |
Virtual gifting cards are generated via mobile app for retailers.
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| domain | founded_year | HQ Location |
Custom photo postcard and greeting card apps are provided.
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| domain | founded_year | HQ Location |
Digital greeting cards and e-commerce gifts are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paperless Post
Frequently Asked Questions about Paperless Post
When was Paperless Post founded?
Paperless Post was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Paperless Post located?
Paperless Post is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Paperless Post a funded company?
Paperless Post is a funded company, having raised a total of $32.35M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.35M, raised on Dec 11, 2009.
What does Paperless Post do?
Paperless Post was founded in 2008 in New York, United States, within the digital stationery sector. An online platform and mobile applications for iOS and Android are operated to enable users to create and send greeting and invitation cards digitally, on paper, or in combination. A freemium model is utilized, with 25 initial coins provided free to new users, followed by purchasable coin packages offering bulk discounts.
Who are the top competitors of Paperless Post?
What products or services does Paperless Post offer?
Paperless Post offers Online Invitations, Greeting Cards, and Flyers.
Who are Paperless Post's investors?
Paperless Post has 3 investors. Key investors include August Capital, RRE Ventures, and SV Angel.
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