Papier has secured $50 million in Series C funding to accelerate its international growth, particularly in the US market, while expanding its product offerings sustainably.

Target Information

Papier, the leading direct-to-consumer stationery brand, has achieved remarkable growth since its inception in 2015, doubling in size annually. This progress has positioned it as the largest and fastest-growing stationery startup globally within the $200 billion global stationery market. The company has garnered notable consumer interest for its high-quality, stylishly designed stationery products and its commitment to sustainable production practices.

The brand has seen a surge in demand as consumers increasingly embrace analogue activities, such as journaling and sending cards, particularly spurred by the pandemic-driven rise of remote work. This evolving consumer behavior has led to a significant revenue increase, with growth exceeding 150% over the past two years. As of now, over 30% of Papier’s revenue originates from the US market, which the company aims to further expand.

Industry Overview in the US

The stationery industry in the United States is experiencing dynamic growth, driven by a resurgence in demand for personalized products and the rising popularity of analogue practices. Within the br

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Singular

invested in

Papier

in 2022

in a Other deal

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Transaction Size: $50M

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