Investors participating include Designer Fund, Michael Grinich (WorkOS), Anton Osika (Lovable), and engineers and designers from Anthropic and OpenAI. Paper will use the new funding to accelerate product development, expand its team, and deepen its investment in AI-native workflows for designers.

Paper is the design platform for the agentic era. Founded by Stephen Haney, Paper is built for teams shipping software with AI and coding agents, Paper combines a professional-grade design environment with agent-native workflows, enabling designers and engineers to collaborate through a shared language. Leading software companies including Ramp, Lovable, Vercel, PostHog, Quartr, and Y Combinator use Paper to design, iterate and ship products faster.