Paper, a design technology company building collaborative tools for designers and AI coding agents, raised $34 million in Series A funding from Accel and ICONIQ, bringing total funding to $38.5 million. New investors include Designer Fund, WorkOS CEO Michael Grinich, Lovable CEO Anton Osika, and engineers and designers from Anthropic and OpenAI, alongside existing investors Basecase, David Hoang and Guillermo Rauch.
Building Design Tools for the AI Agent Era
Paper provides a human-first design environment connecting designers with AI agents and production code. Following the launch of Paper Desktop, annual recurring revenue increased 25-fold in one month. Thousands of teams now use the platform, including companies such as Ramp, Lovable and Harvey.
“I’ve seen very few tools in my career get the kind of love and organic adoption by industry leaders like Paper has had.” - Guillermo Rauch, CEO of Vercel
“Paper brings our production codebase into an infinite canvas for our design process. We can ideate in the context of our production experience.” - Nad Chishtie, Head of Design at Lovable
Connecting Design and Production
Paper integrates with coding agents and enables teams to work with production code through a visual canvas. Beyond designers, engineering, sales and growth teams use the platform for diagramming, presentations and idea development.
“Paper plugs directly into Inspect, our own coding agent, and can pull and push right from production. Designers can spend more energy on the craft.” - Diego Zaks, VP Design at Ramp
Expanding Agent-Scale Design
The Series A funding will support development of Paper’s editor, AI agent infrastructure and team expansion. Paper plans to build deeper infrastructure for human-agent collaboration while continuing investment in open-source projects including Paper Shaders and Paper Mono.