Latka logo

2024 Revenue

$17.9M

Funding

$0

YOY

21%

Team · 2025

5

Founded

2017

How Paperfly CEO Shahriar Hasan grew to $17.9M revenue with a 5 person team in 2024.

Paperfly is a company that provides a delivery network and solutions for document management, including eliminating the need for chasing documents, signatures, and more.

Last updated

Paperfly Revenue

In 2024, Paperfly's revenue reached $17.9M. The company previously reported $14.8M in 2023. Since its launch in 2017, Paperfly has shown consistent revenue growth.

Paperfly Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M$20M20172018201920202021202220232024$0$7.6M$14.8M$17.9MSource: GetLatka.com
YearMilestoneQuote
2024Paperfly Hit $17.9m revenue in October 2024
2023Paperfly Hit $14.8m revenue in December 2023
2021Paperfly Hit $7.6m revenue in April 2021
2017Launched with $0 revenue

Paperfly Valuation, Funding Rounds

Paperfly is a bootstrapped Other Collaboration Software startup. Founded in 2017, Paperfly has grown to $17.9M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, Paperfly has built its business with no outside investment.

Paperfly Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Shahriar Hasan

CEO

Shahriar Hasan is the Founder & CEO at Paperfly.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Paperfly yet.

Paperfly Employees & Team Size

Paperfly employs approximately 5 people as of 2026, down from 6 in 2024, including 9 sales reps that carry a quota.

Paperfly Team GrowthReported headcount over time02550751001252017201820192020202120222023202420250055Source: GetLatka.com
YearMilestone
2025Reached 5 employees (January 2025)
2024Reached 6 employees (October 2024)
2023Reached 6 employees (December 2023)
2021Reached 103 employees (April 2021)

Frequently Asked Questions about Paperfly

What is Paperfly's revenue?

Paperfly generates an estimated $17.9M in annual revenue.

Who founded Paperfly?

Paperfly was founded by Shahriar Hasan.

Who is the CEO of Paperfly?

The CEO of Paperfly is Shahriar Hasan.

How much funding does Paperfly have?

Paperfly is bootstrapped and has not raised outside funding.

How many employees does Paperfly have?

Paperfly has 5 employees.

Where is Paperfly headquarters?

Paperfly is headquartered in Münster, Germany.

Compare Paperfly to the industry

Paperfly operates across multiple industries. Browse revenue, funding, and growth data for Paperfly in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile

People Also Viewed

Mphasis Wyde logo

Mphasis Wyde

Since its inception in 1997, Wyde, an Mphasis Company, has been a leading international software vendor and is the creator of Wynsure, a professional Insurance Policy Administration Solution. Headquartered in Bloomington, Minnesota, USA, with offices in Canada, a modern Research & Development Center in Paris, France, and Delivery Centers of Excellence in both Poland and India. Wyde has developed and deployed Wynsure, a proven software platform, at many of the leading insurance carriers in North America and Europe. Wynsure is a multi-language, multi-currency, easily configurable software product that offers policy administration, claims and billing solutions focused on the Group Benefits market. Wynsure can be deployed for one or multiple lines of business as a complete end-to-end solution, as functional components specific to current business challenges such as bill or as a SaaS offering. Our success is driven by our core strategic values: - Excellence in our technology and expertise - Customer Centric solution design to anticipate market trends - Continued Investment in product development and R&D - Innovation and our solution’s capacity to quickly evolve to meet your needs

Smartfrog & Canary logo

Smartfrog & Canary

Smartfrog is a camera that lets users see what's happening in any place, at any time.

token logo

token

Developer of an open banking platform intended to offer a crypto-payment network and API ecosystem designed for the digital era. The company's platform offers an alternative to today's traditional and digital payment systems by offering a flexible digital transaction management environment to establish PSD2 compliance, generate new revenues and valuable customer profiling data, heighten digital payment security and eliminate fintech disintermediation, enabling banks to quickly and cost effectively comply with the directive before the deadline and monetise their investment in PSD2.

Red Cat Holdings logo

Red Cat Holdings

Red Cat is a leading provider of secure blockchain-based distributed storage, analytics and SaaS for the drone industry. Through its innovative solutions and leadership, Red Cat provides solutions for regulators to track and review flight data, insurance companies to insure drones, and pilots needed to become compliant with regulators. Red Cat's success is driven by a commitment to deliver unrivaled innovation that makes drones trackable, accountable and the sky a safer place.

Lepide logo

Lepide

Lepide delivers the industry's most effective and affordable data security and governance solution - simple to implement, but powerful in protection. Unlike other vendors, our AI-driven audit reports, permissions analysis, and real-time threat remediation provides enterprise-grade security across file servers and Active Directory - without the enterprise price. Trusted by over 1,000 companies worldwide, Lepide combines cutting-edge technology with intuitive usability, keeping you ahead of risks and regulations with ease. With our Data Security Platform, you can locate and classify your sensitive data, govern access and track permission changes, analyze user behavior to spot anomalies, and much more. Detect a wide range of threats, from ransomware to rogue insiders, and alert and respond automatically in real-time. Reduce your attack surface by identifying privileged users and implementing zero trust. Meet compliance 70x faster with pre-configured reports. All from one comprehensive, scalable solution.

ixopay.com logo

ixopay.com

IXOPAY is a leading payment orchestration platform that provides a flexible and independent payment solution to manage all payment services in one place. Following its recent merger with TokenEX, IXOPAY is positioned to expand its services globally, offering enhanced capabilities in payment processing and advanced security measures. Legal Notice: https://www.ixopay.com/en/legal/legal-notice Privacy Policies: https://www.ixopay.com/en/legal/privacy-policy-b2b https://www.ixopay.com/en/legal/privacy-policy IXOPAY is a trademark of IXOPAY GmbH, registered in the U.S. Patent and Trademark Office.