Paper Education Company Inc.

Paper Education Company Inc.

Philip Cutler, a former teacher, and Alex Serrão Teixeira founded Paper in 2014 out of Montreal, Canada. The company began as a parent-paid tutoring service before pivoting in 2018 to a district-contracted model where school systems pay a fixed per-student fee for unlimited tutoring access. Cutler remains CEO. Paper's strategy is single-asset-class: educational tutoring delivered via a proprietary platform that integrates with Canvas, Schoology, and other LMS systems. The company covers all K-12 subjects and provides on-demand writing review. Its model relies on a distributed network of contracted educators, not AI-driven instruction. Confirmed district partnerships include Los Angeles Unified School District, Houston ISD, and Broward County Public Schools. Geographic operations are North America-focused, primarily the United States and Canada. As of its last public financing round in 2022, Paper had raised approximately $400M from investors including SoftBank Vision Fund 2, Sapphire Ventures, and Bullpen Capital. The company reported over 4 million active student users and contracts with 400+ school districts in 2022. No additional offices beyond Montreal are confirmed; the company operates hybrid. Paper's structural differentiator is its contract structure: school systems pay the full cost of tutoring access, removing a parent-pay barrier that limits usage in many tutoring platforms. This district-as-payer model has allowed Paper to achieve scale in public-school systems while the vendor-provider relationship shields the student-facing experience from transaction friction.