Quild Mini🦄 #154: Paperclip

This is the Quild Minicorn, highlighting one future of work minicorn every weekday - early-stage startups with statistically significant signals of becoming a unicorn.

Paperclip is building the financial operating system that will enable every modern tech company to scale without a back office. Their goal is to eliminate the manual effort that goes into finance, accounting, and operations so that businesses can focus on their customers and product.

Founders: Kevin, Daniel, Kent

Signals:

1. Repeat venture-backed founders

   1. Kevin founded various companies, his latest one before Paperclip was Headway, a mental healthcare provider backed by a16z, GV, Thrive, and Accel

   2. Daniel founded JANDI, a messaging software backed by Softbank

   3. Kent founded Maderight, a supply chain software backed by YC

2. Top company alumni

   1. Daniel worked at Moelis and TPG for a few years

   2. Kent worked at Delloite for a few years

3. Top university alumni

   1. Kent graduated from UC Berkeley

   2. Daniel graduated from University of Pennsylvania

   3. Kent graduated from UCLA

4. Midas list investor

   1. Tiger led seed (I’m curious what diligence they did here)

They’re hiring!

Till next time, Kenn