Paperplane
DefunctYC W23New York City, US · Founded 2022 · 5 employees · 6 known investors
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1,389 people in our graph share verified history with the Paperplane team — schools, employers, funds. One of them is your warm intro.
Damir Becirovicunlockedknows Daniel Kwak · together at Goldman Sachs (overlapped)
×8knows the team · via Goldman Sachs
knows the team · via Massachusetts Institute of Technology (MIT)
knows the team · via University of Illinois Urbana-Champaign
knows the team · via Point72
Paperplane provides credit risk prediction for building supplies merchants using transaction data and sales representative input to identify customers at risk of default weeks before traditional credit assessment methods.
Founders & leadership· Y Combinator alumni (W23)
Paperplane was founded in 2022 by Daniel Kwak, Jack Hopkins, and Ben Magolan.
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Daniel Kwakin𝕏Co-founder2021–2024Daniel Kwak studied computational physics and machine learning at the doctoral level before leaving his PhD program.
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Jack HopkinsinFounderJack Hopkins holds a postgraduate degree in Advanced Computer Science from Cambridge and has published peer-reviewed research in generative language models. He previously founded a company focused on applying language models to API security before co-founding Paperplane to develop NLP solutions for sales.
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Ben MagolaninCo-Founder (YC W23)2021–2024Ben Magolan previously worked as an ML Ops tech lead at Xometry and as a software engineer at the Naval Nuclear Laboratory. He holds a PhD in Nuclear Engineering from MIT, with research focused on reactor coolant modeling and simulation.
Investors · 6
Afore CapitalSan Francisco · $500K – $2M
Y CombinatorSan Francisco · $500K
Bloomberg BetareportedSan Francisco · $25K – $1M
Cornerstone Venture Partnersreported · 2 sourcesNew York
Also in the syndicate · 2
100X.VCLetsVenture
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Frequently asked questions
- What does Paperplane do?
- Paperplane provides credit risk prediction for building supplies merchants using transaction data and sales representative input to identify customers at risk of default weeks before traditional credit assessment methods.
- Who founded Paperplane?
- Paperplane was founded by Daniel Kwak, Jack Hopkins, Ben Magolan in 2022.
- Who are Paperplane's investors?
- Paperplane's investors include Afore Capital, Y Combinator, Bloomberg Beta, Cornerstone Venture Partners.
- Where is Paperplane headquartered?
- Paperplane is headquartered in New York City, US.