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Overview

Paper Education Company Inc. Completes $270 Million USD Series D Round

February 15, 2022

On February 15, 2022, Paper Education Company Inc. (“Paper”) announced the closing of a $270 million USD Series D round. Sapphire and Softbank Vision Fund 2 lead the round, and were supported by returning investors IVP, Salesforce Ventures, Framework Venture Partners, Bullpen Capital, Reach Capital, BDC Capital and Red House Education.

Paper partners with K-12 schools throughout the U.S. and Canada to give every student an equal opportunity to excel academically. Paper’s educational support system provides learners with unlimited 24/7 homework help, writing feedback, and study support at a predictable fixed cost.

Wildeboer Dellelce LLP acted for Framework Venture Partners, Bullpen Capital, Reach Capital and BDC Capital in connection with the financing with a team comprised of Troy Pocaluyko and Ragu Anantharajah (corporate/securities).

Full press release, click here.