# FiftyThree

> FiftyThree created the Paper iPad drawing app (Apple App of the Year 2012) before WeTransfer acquired its assets in 2018.

## Why it is interesting

Paper made touch creation feel native on iPad; NEA's $30M Series B bet on enterprise/education expansion preceded a creative-tools rollup by WeTransfer.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** consumer, developer-tools
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series A (2013): $15M led by a16z (/fund/andreessen-horowitz) with Thrive Capital (/fund/thrive-capital) (TechCrunch)
- Series B (Mar 2015): $30M led by NEA (/fund/new-enterprise-associates) (TechCrunch)
- Exit (Aug 2018): Paper/Paste assets acquired by WeTransfer

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/new-enterprise-associates
- https://venturecapitaltracker.com/fund/thrive-capital

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/fiftythree