Paperless Post

Paperless Post

Digital and printed invitation platform

Overview

Paperless Post creates digital and printed invitations with sophisticated designs and in-house technology. Users browse, customize, and send invitations online, while printed versions are produced through partnerships (e.g., with Paper Source) from digital designs. It combines freemium access with premium designs and customizations to monetize, differentiating itself with a large active user base and a focus on both personal and corporate events. The goal is to help people easily create, personalize, and share invitations to celebrate important moments.

About Paperless Post

Simplify's Rating
Why Paperless Post is rated
C+
Rated C on Competitive Edge
Rated C on Growth Potential
Rated B on Differentiation

Industries

Consumer Software

Design

Company Size

51-200

Company Stage

Series E

Total Funding

$46.4M

Headquarters

New York City, New York

Founded

2009

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Simplify's Take

What believers are saying

  • $37 million venture financing bolsters 175 million user base.
  • 87 New York employees drive design and technology innovation.
  • Founded in 2009, holds long-term online stationery market presence.

What critics are saying

  • Evite's 300 million users and free premiums capture budget users now.
  • Canva's free AI templates undercut premium design sales immediately.
  • Gen Z adopts Partiful, causing user churn from outdated designs.

What makes Paperless Post unique

  • Paperless Post blends digital invitations with printed options via Paper Source.
  • Freemium model offers free basics and premium sophisticated designs.
  • In-house technology enables RSVP tracking and guest messaging.

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Funding

Total Funding

$46.4M

Below

Industry Average

Funded Over

5 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Below Average

Industry standards

$100M
$10M
Paperless Post
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

Mental Health Support

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Holidays

Sabbatical Leave

401(k) Retirement Plan

401(k) Company Match

Stock Options

Company Equity

Conference Attendance Budget

Professional Development Budget

Training Programs

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Relocation Assistance

Adoption Assistance

Childcare Support

Elder Care Support

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Employee Stock Purchase Plan

Paid Sick Leave

Paid Holidays

Meal Benefits

Commuter Benefits

Legal Services

Adoption Assistance

Growth & Insights

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

4%

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