Paperless Parts: Funding, Investors & Team (Oct 2026)
Paperless Parts is a Boston-based startup founded in 2017 with a mission to make manufacturing more accessible by providing a management platform to streamline and simplify machine shop operations. The company's platform is a cloud-based system for CRM, geometry-driven estimating, real-time enterprise reporting, online ordering, and invoicing. Paperless combines integrations with existing on-premise ERP and accounting software with front-end operations, shop floor management, and buyer-facing technology enabling manufacturers to increase revenue, improve operations and deliver a better customer experience. Similar in business model to companies like Toast for the restaurant industry and Service Titan for home service providers, Paperless Parts is targeting the deep niche industry vertical of custom part manufacturing to provide tailored solutions.
Paperless Parts has raised $35.0M across 2 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Dec 2023.
That round is below the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Paperless Parts Company Profile and Key Stats
Latest funding round on record: Dec 2023.
Paperless Parts Funding Rounds
Paperless Parts raised $30.0M in a Series B announced in Sep 2021.
2.3 years later, an undisclosed round of $5.0M was announced in Dec 2023.
Paperless Parts Founders and Leadership Team
Contact details for the Paperless Parts team: 1 of 2 have an email address on file.
Start 14-day free trial →Paperless Parts Funding Compared to Other Artificial Intelligence Startups
Paperless Parts' latest round of $5.0M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Paperless Parts in Artificial Intelligence and Boston
Companies Similar to Paperless Parts
Sirona Medical Inc. is addressing the needs of today’s radiology practices with a novel cloud-native platform…
Leading health plans, program providers, and over 100 communities across the U.S., rely on CredibleMind to…
RapidCanvas is an AI platform that combines the precision and automation of AI agents with the deep domain…
Labelbox is a collaborative data training platform that creates and manages labeled data for machine learning…
Clueso is an AI-driven support system for SaaS applications.
Dapta is a software-as-a-service company that provides a platform with minimal coding required to create APIs…
Factored was co-founded with renowned AI expert Andrew Ng (Stanford/AI Fund/Google Brain/Coursera) and…
Developer of a portable, point-of-care hemodynamic measurement platform that uses proprietary sensor…
Lightsprint provides an AI-native product development platform that supports collaborative software…
Suki is a leading technology company that provides AI-powered voice solutions for healthcare. Its mission is…
Drylab is an AI-powered bioinformatics platform for biomedical data analysis, research workflows, and…
Gallatin is developing a logistics system that is tailored to the current requirements and limitations of the…
Paperless Parts Funding FAQs
What does Paperless Parts do?
Paperless Parts is a Boston-based startup founded in 2017 with a mission to make manufacturing more accessible by providing a management platform to streamline and simplify machine shop operations. The company's platform is a cloud-based system for CRM, geometry-driven estimating, real-time enterprise reporting, online ordering, and invoicing. Paperless combines integrations with existing on-premise ERP and accounting software with front-end operations, shop floor management, and buyer-facing technology enabling manufacturers to increase revenue, improve operations and deliver a better customer experience. Similar in business model to companies like Toast for the restaurant industry and Service Titan for home service providers, Paperless Parts is targeting the deep niche industry vertical of custom part manufacturing to provide tailored solutions.
How much funding has Paperless Parts raised?
Paperless Parts has raised $35.0M across 2 rounds on record. The most recent is an undisclosed round of $5.0M announced in Dec 2023.
When did Paperless Parts last raise funding?
Paperless Parts' most recent funding round on record is an undisclosed round of $5.0M, announced in Dec 2023.
Who founded Paperless Parts?
FundedIQ lists Matthew Sordillo (Founder) at Paperless Parts.
Who is the CEO of Paperless Parts?
Jason T. Ray is listed as CEO at Paperless Parts.
Where is Paperless Parts headquartered?
Paperless Parts is based in Boston, Massachusetts, United States.
How many employees does Paperless Parts have?
Paperless Parts is in the 51-100 employee band.
How does Paperless Parts' funding compare to other Artificial Intelligence startups?
Paperless Parts' latest round of $5.0M is below the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.
About FundedIQ's Paperless Parts Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Paperless Parts is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.