Guide Startups

Paperplane

Winter 2023 · Inactive

Credit risk management platform for builders' merchants

Location: New York, US

Founded: 2022

Team size: 5

Industries:

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.

Founders

  • Daniel KwakCo-Founder

    Computational physics + ML PhD dropout.

  • Jack HopkinsFounder

    I left Cambridge with a post-graduate degree in Advanced Computer Science and peer-reviewed research in generative language models receiving almost 100 citations in the field. I started a company applying LMs to API security, where I met Daniel Kwak, who led my Seed Round. I left this company to join Daniel and Ben in building NLP for Sales. In my spare time I enjoy rowing long distances. Once I rowed unsupported from Africa to America in 40 days.

  • Ben MagolanFounder

    Previous ML Ops tech lead at Xometry and software engineer at the Naval Nuclear Laboratory. Attained his PhD in Nuclear Engineering at MIT specializing in reactor coolant modeling and simulation.