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Paperplane is a credit risk management solution designed for wholesalers and distributors, enabling them to approve customers faster, extend more credit, and reduce bad debt. Founded by industry…

Paperplane is a credit risk management solution designed for wholesalers and distributors, enabling them to approve customers faster, extend more credit, and reduce bad debt. Founded by industry…
What: AI-enabled credit risk and sales automation platform for wholesalers, distributors and sales teams
Founded: 2021
Stage / Size: Early-stage, ~7 employees
Funding: Seed (latest round Apr 5, 2023); reported total funding listed as $3,000,000
Founders / Leadership: Ben Magolan; co‑founders reported: Daniel Kwak, Jack Hopkins
Credit risk management, sales automation, tax/compliance tooling for B2B sellers
2021
Data and Analytics
Latest reported round; public profiles list multiple investors
“Backed by accelerator and multiple institutional investors including Y Combinator, Afore Capital, Bloomberg Beta, Soma Capital”
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