Paperless Parts, a Boston WA-based provider of estimating and quoting software, raised $30M in Series B funding.
The round was led by OpenView.
The company intends to use the funds to expand and strengthen its capabilities across the platform, including the recently announced partnership with PennEngineering, and its engineering, product, customer success, and support teams.
Led by Jason Ray, CEO, and and Scott Sawyer, CTO, Paperless Parts provides job shops, contract manufacturers and finishing companies with a cloud-based estimating and quoting software platform to manage and streamline operations, improve customer service and grow their businesses. Their estimating and quoting platform includes customer relationship management (CRM), an intelligent configure price quote (CPQ) system, secure file sharing, integrated quote performance analytics, and comprehensive reporting. The company’s customers leverage core manufacturing technologies including CNC machining, swiss screw machining, and sheet metal fabrication in the production of precision components for a wide array of industries.
Clients include contract manufacturing companies such as C&M Precision Tech, The Momentum Group, Pindel Global Precision, and value-added material providers like Boston Centerless and ThyssenKrupp Materials North America.
FinSMEs
13/09/2021