Paper Id
Indonesia, ID · Founded 2016 · 222 employees on LinkedIn · 11 known investors
Paper provides digital invoicing and payment solutions for small to medium-sized businesses in Indonesia. The platform offers invoice management, supplier payments via credit card with extended terms, and business financing products to improve operational efficiency and cash flow.
Founders & leadership
Paper Id was founded in 2016 by Yosia Sugialam.
YS
Yosia SugialaminCo-Founder
GL
Gregory L. SpechtPresident of Manager of Issuer
Investors · 11
Golden Gate VenturesSingapore · $473K – $60M
Incubate FundTokyo
Skystar CapitalJakarta · $850K – $25M
Square Peg CapitalMelbourne
BDC Capital CorporationreportedWakefield · $100K – $10M
Birchmere VenturesreportedPittsburgh · $500K – $5M
Bullpen CapitalreportedSan Francisco · $2M – $4M
Framework Venture PartnersreportedToronto
IVP (Institutional Venture Partners)reported · 2 sourcesSan Francisco · $15M – $75M
Reach CapitalreportedSan Francisco · $100K – $12M
Salesforce VenturesreportedSan Francisco · $5M – $50M
Reported raises · per SEC filings
Form D private placements$4.8M disclosed across 1 round · 2020
▶$4.8MraisedFeb 2020 · 22 investors · CommercialRule 506(c)
▶$4.8MraisedFeb 2020 · 22 investors · Commercial
Rule 506(c)Officers, directors & promoters on the filing
- The Specht CompanyExecutive Officer
- Gregory L. SpechtDirector
- Offering amount
- $4.8M
- Amount sold
- $4.8M
- Minimum investment
- $50K
- First sale
- Jan 2020
- Incorporated
- Limited Liability Company, Oregon, 2019
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 10
by search overlap
Bill.com Holdings, Inc.71 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Wise59 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Tipalti52 shared keywordsTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
Corporatefinanceinstitute48 shared keywordsCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
Intuit®43 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Highradius42 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
GoCardless41 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Stripe39 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Square38 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
Fresh Books33 shared keywordsFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
Companies competing with Paper Id for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Paper Id do?
- Paper provides digital invoicing and payment solutions for small to medium-sized businesses in Indonesia. The platform offers invoice management, supplier payments via credit card with extended terms, and business financing products to improve operational efficiency and cash flow.
- Who founded Paper Id?
- Paper Id was founded by Yosia Sugialam in 2016.
- Who are Paper Id's investors?
- Paper Id's investors include Golden Gate Ventures, Incubate Fund, Skystar Capital, Square Peg Capital, BDC Capital Corporation, Birchmere Ventures, Bullpen Capital, Framework Venture Partners and 3 more.
- How much funding has Paper Id raised?
- Paper Id has disclosed $4.8M raised across 1 round.
- Where is Paper Id headquartered?
- Paper Id is headquartered in Indonesia, ID.