Paperspace logo — Powering next-generation workflows and the future of intelli...

Paperspace

Powering next-generation workflows and the future of intelligent applications.

Founded 2014 United States New York, United States 25 employees Acquired Total: $144.50M AI, Computing +3

General Information

Company Name Paperspace
Founded Year 2014
Location United States New York, United States
Employees 25
Industries AI, Computing, Enterprise Software +2
Funding Stage Acquired
Business Model IaaS, PaaS, B2B
Revenue Model Usage Based, Pay As You Go, Subscription
Social

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About Paperspace

Paperspace, now integrated into DigitalOcean, has established a robust presence in the high-performance cloud computing and ML development sector since its founding in 2014. The company supports the creation, training, and deployment of machine learning models, leveraging a platform that accommodates a wide range of users, from individual developers to large enterprises.

Operating at the intersection of AI, Computing, Enterprise Software, Hardware, and Machine Learning, Paperspace aids its diverse client base in accelerating iteration cycles and enhancing collaboration on intelligent, real-time prediction engines. The company's mission focuses on democratizing cloud computing via simplicity, community involvement, and transparent pricing.

An acquisition by DigitalOcean with an investment of $111.00M in July 2023 highlights the strategic importance of Paperspace in expanding digital infrastructures. Headquartered in the United States, its integration with DigitalOcean signals potential for notable growth and innovation in the cloud and AI domains.

Business keywords: Machine Learning Development, High-Performance Computing, Model Training and Deployment, Intelligent Applications, Real-Time Prediction Engines, GPU Computing, VDI (Virtual Desktop Infrastructure), ML (Machine Learning) Platform, Collaborative Tools, Startup Solutions, Enterprise Solutions, Community-Driven Resources

Services & Products

Develop and fine-tune AI models
Deploy AI/ML applications
GPU infrastructure on demand
Cloud-hosted desktops
3D graphics rendering

Target Customers

AI/ML Developers Businesses needing cloud computing solutions Gaming Enthusiasts Enterprise IT Departments Medical Imaging Professionals

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition $111.00M 1
DigitalOcean
01 Jul 2023
Early VC $12.00M -
01 May 2021
Series A $13.00M 5
Battery Ventures, Initialized Capital +3
01 Oct 2018
Seed $4.00M -
01 Oct 2016
Convertible Note $2.80M -
01 Apr 2016
Seed $1.70M 2
Ludlow Ventures, Initialized Capital
01 Apr 2015

Paperspace Alternatives & Competitors

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Paperspace vs
Deep Infra Inc.
Deep Infra Inc. United States

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Paperspace vs
SambaNova
SambaNova United States

Transforming AI with efficiency, security, and sovereignty - driven by our relentless pursuit of int...

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Paperspace vs

We sell fast compute for ML use cases. Companies using us develop neural networks 10x faster or more...

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FAQ About Paperspace

Powering next-generation workflows and the future of intelligent applications.
Paperspace was founded in 2014.
Paperspace is headquartered in New York, United States.
Paperspace operates in AI, Computing, Enterprise Software, Hardware and Machine Learning. Its work centres on Machine Learning Development, High-Performance Computing, Model Training and Deployment and Intelligent Applications. Its customers include AI/ML Developers, Businesses needing cloud computing solutions and Gaming Enthusiasts.
Paperspace has a IaaS, PaaS and B2B business model. Its revenue comes from Usage Based, Pay As You Go and Subscription.
Paperspace has approximately 25 employees.
Paperspace has completed 6 funding rounds, raising a total of $144.50M. The latest funding stage is Acquired.
Paperspace offers: Develop and fine-tune AI models, Deploy AI/ML applications, GPU infrastructure on demand, Cloud-hosted desktops, 3D graphics rendering.
Top alternatives and competitors to Paperspace include Deep Infra Inc., SambaNova, Strong Compute, Modular, ENOT.ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paperspace and Deep Infra Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Paperspace, https://bouncewatch.com/company/paperspace, updated 10 April 2026. When citing, please name BounceWatch and link this page.

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