Paper
Paper is an educational technology company that provides an Educational Support System with 24/7 tutoring and personalized academic support.
Secondary Market Price
How Paper Measures Up
To help you manage your Paper equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series D
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Paper Prices
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Powerful tools to earn more from your equity
Company Description
Paper is an e-learning technology company, formerly known as GradeSlam, that provides an Educational Support System (ESS) to K-12 schools, teachers, and families. The company's platform offers services including 24/7 personalized tutoring, writing feedback, and practice modules for subjects like reading and math. As of August 2023, Paper supported three million students. The company was founded in 2014 in Montreal, Quebec, by Philip Cutler and Roberto Cipriani, and has since expanded from a basic tutoring service into a more comprehensive academic support platform.
The company is currently focused on scaling its impact through AI-powered academic support and high-impact tutoring. This strategic direction was reinforced by the recent divestiture of its MajorClarity product to Edmentum, allowing Paper to concentrate on its core tutoring services. Recent developments include the company's GROW High-Impact Tutoring program meeting ESSA Level III 'Promising Evidence' standards and receiving an Efficacy Silver certification from EduEvidence. The company also appointed a new Vice President of Finance to help drive innovation and has seen adoption of its programs in school districts across North America, including several in California.
- Sapphire Ventures
- SoftBank Vision Fund 2
- IVP
- Salesforce Ventures
- Framework Venture Partners
- Bullpen Capital
- Reach Capital
- BDC Capital
- Red House Education
- Co-Founder, Philip Cutler
- Co-Founder, Roberto Cipriani
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Paper worth joining?
Deciding whether to join Paper depends on your personal career goals and your assessment of the company's long-term potential. Tools like Prospect can help you evaluate the financial upside of an equity offer by projecting your potential earnings and comparing them to other opportunities.
What should I do with my Paper stock?
The right strategy for your Paper stock depends on your personal financial situation, risk tolerance, and the specific tax implications of exercising or selling. Platforms like Prospect can create a customized plan to help you optimize your equity for taxes and maximize its value.
Can you sell Paper stock?
As Paper is a private company, you can typically only sell shares during specific liquidity events, such as a tender offer or on a secondary market. Prospect offers tools to help you navigate these opportunities and determine the most tax-efficient shares to sell.
How can I find the value of my Paper stock?
The value of private company stock is typically determined by its 409A valuation, which is based on factors like the most recent funding round. To get a more comprehensive forecast, Prospect uses predictive models to project the future value of your shares based on a wide range of market data.
What is Paper's equity worth?
For a private company like Paper, the precise worth of its equity is not public and can fluctuate based on company performance and market conditions. You can use a platform like Prospect to analyze various data points and model a range of potential outcomes for your equity's value.
What is Paper's stock ticker symbol?
As a private, pre-IPO company, Paper does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange.
Can I buy or sell Paper stock?
Buying Paper stock is generally restricted to employees exercising their options or accredited investors participating in funding rounds. Selling is possible during company-approved liquidity events, and tools from Prospect can help you create an optimal strategy for when and how much to sell.
What is the criteria to buy or invest in Paper stock?
To invest in a private company like Paper, you typically need to be an accredited investor participating in a formal funding round. Employees can also acquire stock by exercising the equity compensation they receive as part of their employment.
