Cloud Paper is a technology company.
Cloud Paper has raised $8.0M across 2 funding rounds.
Cloud Paper has raised $8.0M in total across 2 funding rounds.
Cloud Paper is not a technology company—it is a sustainable consumer goods manufacturer focused on producing tree-free paper products.[1][3]
Cloud Paper is a materials and manufacturing company on a mission to end deforestation caused by the traditional paper industry, which accounts for approximately 20% of global deforestation.[1][3] The company manufactures bamboo-based toilet paper and paper towels as sustainable alternatives to tree-based products, serving both households and businesses across the United States.[1][2] Cloud Paper operates with an explicit environmental mission: to save a billion trees by replacing conventional paper products with high-quality, tree-free alternatives while maintaining competitive pricing and user experience.[2]
The company has demonstrated strong growth momentum, with revenue reaching approximately $1.7 million annually and experiencing an 800% increase in sign-ups since launch.[4][6] Cloud Paper has attracted notable investors, including Mark Cuban and Ashton Kutcher's Soundwaves venture fund, validating both the product-market fit and the broader sustainability thesis.[4][5]
Cloud Paper was founded in 2019 by Ryan Fritsch and Austin Watkins, both University of Washington graduates who previously worked together at Uber during its early expansion phase and later at Convoy, a logistics startup often described as "Uber for trucking."[1][4] The founders leveraged their experience witnessing hyper-growth at these technology companies to build a sustainability-focused business.[5]
The founding team expanded to include Tori Kiss, an ex-Convoy colleague who became head of operations, and later Neha Salgaonkar as operations coordinator.[4] The idea emerged from research into the environmental impact of the paper and pulp industry; the founders recognized that the existing model was unsustainable and decided to create a bamboo-based alternative.[5] The company achieved a $3 million seed round led by Greycroft and experienced explosive early traction, including a 600% sales spike during the pandemic when toilet paper became scarce.[4]
Cloud Paper operates at the intersection of sustainable consumer goods and climate solutions, riding the wave of growing consumer demand for environmentally responsible alternatives to conventional products.[3] The timing is significant: heightened awareness of deforestation, corporate sustainability commitments, and consumer willingness to pay for eco-friendly products have created favorable market conditions.[2]
The company influences the broader ecosystem by demonstrating that sustainability and profitability are not mutually exclusive in consumer packaged goods. By achieving strong unit economics and attracting top-tier investors like Mark Cuban and Ashton Kutcher, Cloud Paper validates the viability of tree-free alternatives and pressures incumbent paper manufacturers to reconsider their environmental practices.[4][5]
Cloud Paper's trajectory suggests continued expansion into retail channels and aggressive B2B growth, particularly as corporate sustainability mandates intensify.[5] The company's path to saving a billion trees depends on scaling production and market penetration while maintaining supply chain integrity—a challenge that will require ongoing investment in traceability and sourcing verification.
The broader trend favoring sustainable consumer goods, combined with Cloud Paper's proven ability to deliver quality products at competitive prices, positions the company well for the next phase of growth. However, success will ultimately hinge on whether the company can scale manufacturing capacity and distribution networks while preserving the environmental and social impact that defines its mission.
Cloud Paper has raised $8.0M in total across 2 funding rounds.
Cloud Paper's investors include 20VC, AngelList, Canonical Crypto, Cyberstarts VC, DCM, DST Global, Forerunner Ventures, Founders Fund, Fuel Ventures, Greycroft, Gutter Capital, Hetz Ventures.
Cloud Paper has raised $8.0M across 2 funding rounds. Most recently, it raised $5.0M Venture Round in February 2022.