Paper Stock
| Valuation | $1.5B1 |
| Valuation Date | Feb 15, 2022 |
| Implied Valuation | n/a |
| Last Price | $250.00 |
| 52-Week High | $300.00 |
| 52-Week Low | $250.00 |
| YTD Return | +0.00% |
| 1-Year Return | -16.67% |
| 3-Year Return | -54.55% |
| Total Funding | $390M1 |
| Latest Round Amount | $270M2 |
| Latest Round | Series D |
| Funding Rounds | 6 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Paper
Paper is a Canadian education technology company that provides tutoring and academic support to K-12 school districts. Its core offering is GROW, a high-impact tutoring program that delivers live small-group sessions with a consistent tutor aligned to district curriculum. The company also offers 24/7 on-demand tutoring, writing feedback and AI-powered study tools through its online platform. Paper makes money by selling contracts to school districts, which give students access to its services at no cost to families. The company was founded in 2014 as GradeSlam and is headquartered in Montreal.
Invest in Paper
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News
Paper addresses on-demand tutoring AI in open letter
Paper published an open letter outlining its approach to on-demand AI tutoring and how the platform balances AI assistance with human educator oversight.
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Paper reports district-wide math and ELA acceleration with GROW tutoring
Paper published case studies showing measurable algebra and ELA gains across multiple school districts using its GROW high-impact tutoring program.
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MajorClarity product now part of Edmentum
Paper sold its MajorClarity college and career readiness platform to Edmentum, saying it will focus on high-impact tutoring and AI-powered academic support.
Paper's GROW High-Impact Tutoring Achieves ESSA Level III Evidence Status
An independent analysis found that Paper's GROW high-impact tutoring program meets the ESSA Level III Promising Evidence standard, with middle school students showing significant math gains.
California Districts Rapidly Adopt GROW CA to Accelerate Student Learning
Paper reports growing adoption of its GROW CA high-impact tutoring program among California school districts using state expanded learning funding.
GROW by Paper Drives 201% Increase in Grade-Level Proficiency in Just 12 Weeks
Paper reported in June 2025 that districts using its GROW high-impact tutoring program saw a 201% increase in ELA and math grade-level proficiency for grades 3-5 students over 12 weeks.
Paper on-demand tutoring resumes across Mississippi
The Mississippi Department of Education announced that on-demand tutoring with Paper resumed statewide after the U.S. Department of Education approved the ESSER-ARP funded initiative.
Welcoming Martina Tam as Paper's New CEO
Paper named Martina Tam, a former executive at Brightwheel, MasterClass and Eventbrite, as CEO. She succeeds interim CEO Rich Yang, who transitions to executive chairman.
Paper's dramatic rise and fall reflects changed edtech landscape
A look at how Paper's pandemic-era growth reversed as school districts' federal relief funding dried up, leading to layoffs, leadership changes and a shift in strategy.
Paper CEO Phil Cutler out, startup cuts 45 percent of HQ staff and all Canadian tutors
Paper co-founder Phil Cutler stepped down as CEO and the company cut roughly 45 percent of its head office staff, with edtech veteran Rich Yang appointed interim CEO.