Papernest is a France-based startup founded in 2015. The company's slogan "Papernest moves contracts through supplier partnerships for free" encapsulates its core mission. Papernest specializes in the Real Estate industry, offering a unique service that involves collaborations with its suppliers to facilitate the transfer of telecom contracts, energy contracts, and even home insurance at no cost. This innovative approach has captured the attention of investors, leading to a significant €10.00M Series A investment on 17th October 2017.
The backing comes from prominent investors including Kima Ventures, IDInvest Partners, and Partech Partners. The strategic significance of this investor lineup reflects the industry's confidence in Papernest's business model and potential for growth.
Overall, Papernest's ability to revolutionize the cumbersome process of transferring contracts through smart partnerships with suppliers, coupled with substantial backing from influential investors, positions the company as a key player to watch in the real estate tech space.
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