Paper raises $34M to build the next great design platform
Blog post from Paper
Paper has secured $34 million in Series A funding, led by Accel and ICONIQ, raising its total funding to $38.5 million, with participation from several new and existing investors. The company seeks to empower designers in an era where engineering and coding agents are evolving rapidly, by offering a design tool that fosters collaboration with agents and enhances software quality. Paper has seen significant growth, particularly after the launch of Paper Desktop, multiplying its annual recurring revenue by 25 times in just a month, and gaining traction among companies such as Ramp and Lovable. The platform provides a connected, visual interface for various teams beyond design, including engineers and sales teams, and aims to integrate more deeply into workflows by leveraging HTML and CSS for rendering. The recent financing will allow Paper to further develop its editor and agent infrastructure, maintain its commitment to open-source projects, and continue hiring to support its mission of creating a design-centric environment for building iconic software.
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