Paperless Parts
A cloud-based quoting and collaboration platform for custom manufacturers that uses a proprietary geometric engine to automate the estimation and pre-production process.
- CEO / Founder
- Jason Ray
- Team Size
- 51-200
- Stage
- Active
- Total Funding
- $45.5M
- Latest Round
- Series B
- Key Investors
- OpenView, M33 Growth, Sapphire Ventures, Bolt, NextView Ventures
Technology & Products
Key Products
Paperless Parts offers a cloud-based quoting and collaboration platform for custom manufacturers. Key products include Workflow Centralization & Automation, Costing & Pricing Automation, Enhanced Buyer Experience, Integrations, and BOM Builder for complex assemblies.
Technological Advantage
Combines high-level security compliance (ITAR, SOC2, and CMMC-ready) with a cloud-native architecture, allowing the Defense Industrial Base (DIB) to modernize legacy quoting workflows securely.
Differentiation
Value Proposition
Reduces quoting turnaround time from days to minutes while improving accuracy and profit margins through automated geometric analysis and secure, ITAR-compliant collaboration.
How They Differentiate
Utilizes a proprietary geometric engine that automatically analyzes CAD files for manufacturability (DFM) and cost, combined with military-grade security compliance (ITAR, CMMC) tailored for the Defense Industrial Base.
Market & Competition
Target Customers
Custom part manufacturers, job shops, and contract manufacturers specializing in CNC machining, sheet metal fabrication, and additive manufacturing.
Industry Verticals
["Aerospace & Defense","Medical Devices","Automotive","Heavy Machinery","Energy & Industrial Equipment","Electronics"]
Competitors
DealHub.io, Agentforce Revenue Management (formerly Salesforce Revenue Cloud), Proposify, Cerpro, XSB, Authentise.
Growth & Milestones
Growth Metrics
Estimated ARR between $10M-$25M; expanded operations into Canada and Mexico in 2024.
Major Milestones
["Successfully achieved SOC 2 Type II compliance and CMMC readiness for defense contractors.","Strategic partnership integration with Hexagon’s Manufacturing Intelligence division.","Acquired and integrated proprietary geometric analysis technology (Patented).","Expanded platform to support Additive Manufacturing through Authentise integration (2024)."]
Notable Customers
KAD (builds products for Camelbak, Google, Medtronic, Square, Tesla), and several of the FAB 40, leading Aerospace and Defense manufacturers.