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.

Paper Id

Indonesia, ID · Founded 2016 · 222 employees on LinkedIn · 11 known investors

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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.

Enterprise Software Fintech SaaS

Founders & leadership

Paper Id was founded in 2016 by Yosia Sugialam.

Yosia SugialamCo-Founder

Gregory L. SpechtPresident of Manager of Issuer

Investors · 11

Golden Gate Ventureslisted by Golden Gate VenturesSingapore · $1M – $5M

How we know: Golden Gate Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Incubate Fundlisted by Incubate FundTokyo

How we know: Incubate Fund's portfolio page · Not right? Tell us

Skystar Capitallisted by Skystar CapitalJakarta

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Square Peg Capitallisted by Square Peg CapitalSydney

How we know: Square Peg Capital's portfolio page · Not right? Tell us

BDC Capital CorporationreportedWakefield

How we know: press coverage · Not right? Tell us

Birchmere VenturesreportedPittsburgh · $500K – $5M

How we know: press coverage · Not right? Tell us

Bullpen CapitalreportedSan Francisco · $2M – $4M

How we know: press coverage · Not right? Tell us

Framework Venture PartnersreportedToronto

How we know: press coverage · Not right? Tell us

IVP (Institutional Venture Partners)reportedSan Francisco · $15M – $75M

How we know: funding news · press coverage · Not right? Tell us

Reach CapitalreportedSan Francisco · $100K – $12M

How we know: press coverage · Not right? Tell us

Salesforce VenturesreportedSan Francisco · $5M – $50M

How we know: press coverage · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$4.8M disclosed across 1 round · 2020

▶$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

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 10

Bill.com Holdings, Inc.BILL 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.

WiseWise 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.

TipaltiTipalti 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.

CorporatefinanceinstituteCorporate 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.

IntuitIntuit 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.

HighradiusHighRadius 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.

GoCardlessGoCardless 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.

StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

Block IncBlock, formerly Square, runs the Square seller platform, Cash App, Afterpay and TIDAL, plus the TBD and Bitkey bitcoin businesses. Founded by Jack Dorsey and Jim McKelvey in San Francisco in 2009, it is listed on the NYSE as XYZ.

Fresh BooksFreshBooks 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 working in the same space as Paper Id.

In the news

Paper.id - a Bill.com for Indonesia - raises new fundingendeavor.org · Aug 2024

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.