papermark.com

UPDATED: September 18, 2025
B2BBootstrappedExperienced FounderTechnical FounderWebsite/Web App

Open‑source secure document sharing and tracking with smart data rooms and page‑by‑page analytics; the #1 DocSend alternative.

MRR (USD)

$45,000

TRAILING 30D REVENUE

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LIFETIME REVENUE

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TARGET CUSTOMER

B2B teams running deals and fundraising that need secure data rooms and document analytics: startups, sales teams, investors/VCs and funds, real estate firms, and nonprofits.

TIMELINE

  • Incorporation

    Papermark, Inc. incorporated with Stripe Atlas (May 2024).

  • Added support for spreadsheets — May 28, 2024 →

    Launched file support for Excel, CSV, ODS, Google Sheets.

  • Bulk uploads via TUS — July 18, 2024 →

    Shipped multi‑file resumable uploads powered by the TUS protocol.

  • Year in Review sent — December 19, 2024 →

    Sent personalized Year in Review to 15,000 teams.

  • Video support — January 20, 2025 →

    Added video support with retention graph analytics.

  • Bought papermark.com — March 11, 2025 →

    Acquired papermark.com domain for $20,000.

  • Seat-based pricing UX — March 3, 2025 →

    Native add‑seat flow and Stripe deep‑link upgrades shipped.

  • DB migration — July 9, 2025 →

    Migrated production to PlanetScale Postgres with zero‑downtime flow.

  • SOC 2 compliance — August 21, 2025 →

    Announced official SOC 2 compliance.

TECH STACK

Next.js on Vercel; shadcn UI; Auth.js; Zod; Prisma; Resend for email; Trigger.dev for background jobs; Neon and PlanetScale Postgres; Tinybird for events; Upstash (cache/queue/ratelimiter); PostHog analytics; Stripe payments; TUS protocol for resumable uploads.

LATEST USERS

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USERS CHANGE

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FINANCIALS

  • expense — $1,000 USD · as of July 7, 2025
    $1k - tools expenses
  • expense — $13,000 USD · as of July 7, 2025
    $13k - salaries
  • expense — $5,000 USD · as of July 7, 2025
    $5k - marketing experiments
  • expense — $1,023 USD · as of May 7, 2025
    = $1023/month (+$500 from October)
  • arr — $500,000 USD · as of April 9, 2025
    We just crossed $500k ARR for Papermark
  • expense — $524 USD · as of November 7, 2024
    = $524/month (+$200 from July)

TRACTION

  • users — 35000 count · as of August 31, 2025
    35,000 Companies
  • customers — 1032 count · as of May 5, 2025
    Serving 1,032 paying customers
  • users — 15000 count · as of December 19, 2024
    15,000 teams

FOUNDERS

Iuliia Shnai
Skills: SEO, Content marketing, PostHog, Semrush, Cursor

Marketing/growth-focused cofounder building in public; featured by Indie Hackers for growing Papermark to ~$1M ARR after 11 failed products; drives SEO/content and analytics.

Marc Seitz
Skills: Next.js, Vercel, Prisma, Resend, Trigger.dev, Neon/PlanetScale Postgres, Tinybird, Upstash, PostHog, Stripe, TUS protocol

Technical cofounder with open‑source focus; led major infra changes (e.g., production DB migration to PlanetScale), built core features (video analytics, bulk uploads).

PRODUCT–FOUNDER FIT

Papermark began as a public bet to build an open‑source DocSend alternative; Marc brings deep open‑source full‑stack execution, while Iuliia drives SEO/content and analytics—together matching a technical + growth founder pairing for a document sharing/data room product.

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