Paperless Parts provides a quoting and estimating software platform that automates part file analysis for various manufacturing processes, significantly reducing quoting time from hours to minutes. By centralizing information and minimizing manual steps, the platform enables job shops and contract manufacturers to respond to requests six times faster, increasing profitability and efficiency.
Funding
$51.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Quoting and estimating for custom manufactured parts is often a manual, time-intensive process, requiring estimators to analyze part files and drawings, calculate costs, and generate quotes. This can lead to delays in responding to customer requests, inconsistent pricing, and reduced profitability for job shops and contract manufacturers.
Solution
Paperless Parts provides a software platform that automates the quoting and estimating process for manufacturing companies. The platform uses automated part file analysis to extract key manufacturing information, such as geometric features, material properties, and manufacturability considerations. This enables estimators to quickly generate accurate and consistent quotes, reduce quoting time, and increase win rates. The centralized platform streamlines workflows, reduces manual steps, and improves communication between estimators, engineers, and customers.
Target Audience
The primary customers are job shops and contract manufacturers in the aerospace, automotive, medical device, and other industries that require custom manufactured parts.
Features
- Automated part file analysis for various manufacturing processes, including sheet metal fabrication, CNC machining, swiss screw machining, and additive manufacturing
- Feature recognition and geometric analysis to identify bends, holes, cut lengths, material volumes, and other essential variables
- Configurable cost models and pricing algorithms to generate accurate and consistent quotes
- Centralized platform for managing part files, drawings, customer information, and quotes
- Integration with ERP systems to streamline workflows and improve data accuracy
- Secure, cloud-native platform hosted on GovCloud with ITAR registration and CMMC compliance