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How Paperless Parts, Inc. CEO Jason Ray grew Paperless Parts, Inc. to $5.5M revenue with a 130 person team in 2024.

Provider of a smart marketplace intended to offer custom parts and make manufacturing more accessible. The company's smart marketplace uses proprietary technology tools, to eliminate all costs associated with sourcing and quoting, leverages technology in three core areas: geometric file interrogation, machine learning, and supplier-driven activity-based costing, enabling developers to get instant quotes, place orders in minutes and get their parts in days.

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Paperless Parts, Inc. Revenue

In 2024, Paperless Parts, Inc.'s revenue reached $5.5M. The company previously reported $4.4M in 2023. Since its launch in 2017, Paperless Parts, Inc. has shown consistent revenue growth.

Paperless Parts, Inc. Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M20172018201920202021202220232024$0$2M$4M$6MSource: GetLatka.com
YearMilestone
2024Paperless Parts, Inc. Hit $5.5m revenue in October 2024
2023Paperless Parts, Inc. Hit $4.4m revenue in October 2023
2021Paperless Parts, Inc. Hit $2.3m revenue in April 2021
2017Launched with $0 revenue

Paperless Parts, Inc. Valuation, Funding Rounds

Paperless Parts, Inc. is a bootstrapped Machine Learning Software startup. Founded in 2017, Paperless Parts, Inc. has grown to $5.5M in revenue without raising any venture capital or outside funding.

As a self-funded Machine Learning Software SaaS company, Paperless Parts, Inc. has built its business with no outside investment.

Paperless Parts, Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Paperless Parts, Inc. Employees & Team Size

Paperless Parts, Inc. employs approximately 130 people as of 2026, up from 125 in 2023.

Paperless Parts, Inc. has 130 total employees in different roles and functions.

Paperless Parts, Inc. Team GrowthReported headcount over time040801201602017201820192020202120222023202400130130Source: GetLatka.com
YearMilestone
2024Reached 130 employees (December 2024)
2024Reached 125 employees (October 2024)
2023Reached 125 employees (October 2023)
2022Reached 151 employees (October 2022)
2021Reached 80 employees (December 2021)
2021Reached 50 employees (April 2021)

Founder / CEO

Jason Ray

As a Co-Founder & Chief Executive Officer at Paperless Parts, Jason focuses on driving the company's product vision, while building relationships with American manufactures. While serving as an officer in the US Navy, he led the implementation of additive manufacturing technology, prior to starting a consulting firm focused on drivingefficiency in precision manufacturing operations through process improvement and automation. Jason holds a BA (Trinity) and MBA (Babson).

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Customers

We do not have customer count information for Paperless Parts, Inc. yet.

Frequently Asked Questions about Paperless Parts, Inc.

What is Paperless Parts, Inc.'s revenue?

Paperless Parts, Inc. generates $5.5M in revenue.

Who founded Paperless Parts, Inc.?

Paperless Parts, Inc. was founded by Jason Ray.

Who is the CEO of Paperless Parts, Inc.?

The CEO of Paperless Parts, Inc. is Jason Ray.

How much funding does Paperless Parts, Inc. have?

Paperless Parts, Inc. raised $0.

How many employees does Paperless Parts, Inc. have?

Paperless Parts, Inc. has 130 employees.

Where is Paperless Parts, Inc. headquarters?

Paperless Parts, Inc. is headquartered in Boston, Massachusetts, United States.

Compare Paperless Parts, Inc. to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .