# Paperspace funding: rounds and investors

> Paperspace has raised $34M across 7 rounds since 2015. Investors include Y Combinator, Battery Ventures and DCVC. Every round with its source.

Source: https://millionrounds.com/company/paperspace (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Paperspace*

7 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education

Y Combinator: W15

Funding summary Updated 26 Oct 2026

**$34M** raised across 7 rounds since 2015, from 7 sources

**$120K** Seed **$2.8M** Seed **$1.7M** Round **$4.0M** Seed **$13M** Series A **$12M** Venture

- **Latest round:** Venture, $12M May 2021
- **Biggest round:** $13M Series A · Oct 2018
- **Investors:** 15

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019 2020 2021

**$120K** Seed

**$2.8M** Seed

**$4.0M** Seed

**$13M** Series A

**$12M** Venture

- **First round:** Seed, $120K
- **Biggest round:** $13M
- **Usual gap between rounds:** 18 months

## The rounds

- **May 2021** Venture **$12M** *2 new* *3 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [DCVC](https://millionrounds.com/fund/data-collective) [Amino Capital](https://millionrounds.com/fund/amino-capital) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) Source recorded SEC filing: $6.2M sold, first sale May 2021
- **Oct 2018** Series A **$13M** *4 new* *1 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Sorenson Capital](https://millionrounds.com/fund/sorenson-capital) [SineWave Ventures](https://millionrounds.com/fund/sinewave-ventures) Reported by FinSMEs SEC filing: $19M sold, first sale Aug 2018
- **Oct 2016** Seed **$4.0M** *3 new* [DCVC](https://millionrounds.com/fund/data-collective) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) Reported by TechCrunch
- **Apr 2015** Round **$1.7M** *1 new* [Transmedia Capital](https://millionrounds.com/fund/transmedia-capital) From a historical funding record
- **Mar 2015** Seed **Amount undisclosed** *1 new* [Newgen Venture Partners](https://millionrounds.com/fund/newgen-venture-partners) From a historical funding record
- **Jan 2015** Seed **$2.8M** No investor was named in the report. From a historical funding record
- **Jan 2015** Seed **$120K** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [InnoSpring](https://millionrounds.com/fund/innospring-silicon-valley) [Center Electric](https://millionrounds.com/fund/center-electric) From a historical funding record

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Daniel Alexander Kobran** Executive Officer, Director i
- **Dillon Thompson Erb** Executive Officer, Director i

On the board, as filed i *Lucas Alexander Nelson* *Yaniv Alexander Suissa*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Seed** 2015 **Seed** 2015 **Round** 2015 **Seed** 2016 **Series A** 2018 **Venture** 2021 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [DCVC](https://millionrounds.com/fund/data-collective) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Intel Capital](https://millionrounds.com/fund/intel-capital) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) [Amino Capital](https://millionrounds.com/fund/amino-capital) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Sorenson Capital](https://millionrounds.com/fund/sorenson-capital)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **2** rounds

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **2** rounds

[Initialized Capital](https://millionrounds.com/fund/initialized-capital) VC firm **2** rounds

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

[QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) VC firm **1** round

[Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) VC firm **1** round

[Amino Capital](https://millionrounds.com/fund/amino-capital) Accelerator **1** round

[Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) VC firm **1** round

[Sorenson Capital](https://millionrounds.com/fund/sorenson-capital) Private equity **1** round

[Transmedia Capital](https://millionrounds.com/fund/transmedia-capital) VC firm **1** round

[InnoSpring](https://millionrounds.com/fund/innospring-silicon-valley) VC firm **1** round

[Newgen Venture Partners](https://millionrounds.com/fund/newgen-venture-partners) VC firm **1** round

[Center Electric](https://millionrounds.com/fund/center-electric) VC firm **1** round

[SineWave Ventures](https://millionrounds.com/fund/sinewave-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paperspace).

## Also claim to have backed them

These 2 firms list Paperspace as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[rocketship.vc](https://millionrounds.com/fund/rocketship-vc) VC firm Per its own site

[Point Reyes Management](https://millionrounds.com/fund/efund-llc) Private equity Per its own site

## Quick answers about Paperspace

### Who invested in Paperspace?

Paperspace's investors include Y Combinator, Battery Ventures, DCVC, Initialized Capital and Intel Capital, and 10 more on record.

### How much has Paperspace raised?

Paperspace has raised $34M across 7 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Paperspace last raise?

Paperspace's most recent round was a Venture of $12M in May 2021.

### What was Paperspace's biggest round?

Paperspace's largest round on record is $13M (Series A), in Oct 2018.

### Who backed Paperspace first?

Paperspace's first round on record, in Jan 2015, was backed by Y Combinator, QueensBridge Venture Partners and InnoSpring and 1 others.

### What stage is Paperspace at?

Paperspace's latest named round is a Venture, in May 2021.

### Where is Paperspace based?

Paperspace is based in the United States.

## Companies like Paperspace

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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