Paperless Parts, Inc.
2024 Revenue
$5.5M
Funding
$0
YOY
26.5%
Team
130
Founded
2017
How Paperless Parts, Inc. CEO Jason Ray grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Paperless Parts, Inc. Hit $5.5m revenue in October 2024 | |
| 2023 | Paperless Parts, Inc. Hit $4.4m revenue in October 2023 | |
| 2021 | Paperless Parts, Inc. Hit $2.3m revenue in April 2021 | |
| 2017 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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).
Q&A
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Customers
We do not have customer count information for Paperless Parts, Inc. yet.
Paperless Parts, Inc. Employees & Team Size
Paperless Parts, Inc. employs approximately 130 people as of 2026, up from 125 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 130 employees (December 2024) |
| 2024 | Reached 125 employees (October 2024) |
| 2023 | Reached 125 employees (October 2023) |
| 2022 | Reached 151 employees (October 2022) |
| 2021 | Reached 80 employees (December 2021) |
| 2021 | Reached 50 employees (April 2021) |
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.
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.
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