Paperplane is a credit risk management platform for builders' merchants [1] based in New York City, NY, USA [2]. The company participated in Y Combinator's Winter 2023 batch [3] and operated with a team size of 5 [4]. Paperplane helped builders', plumbing, and timber merchants mitigate credit risk by predicting customer defaults approximately four or more weeks in advance [6]. Rather than relying solely on credit reports and lagging public data, the platform utilized transaction data and customer knowledge obtained directly from sales representatives to generate real-time predictions [6]. According to Y Combinator's directory, the company is currently listed as inactive [5].
Alumni 1 went on to found or lead
- Daniel KwakCo-founder→Vice President Finance at Perplexity
About
- Paperplane helps builders', plumbing, and timber merchants mitigate their credit risk by predicting which customers will default 4+ weeks before anyone else. Instead of relying solely on credit reports and lagging public data, Paperplane uses the company's own transaction data and customer knowledge directly from sales reps to make more accurate predictions in real-time. [6]
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