Papernest

Founded in 2015, by Benoît Fabre and Philippe de La Chevasnerie, Papernest is a Paris-based company that streamlines the management of household contracts. In July 2018, Papernest raised EUR 7 million in venture funding led by Partech Partners, with participation from other new investors Idinvest Partners and Kima Ventures. Papernest offers a comprehensive digital platform designed to streamline the management of various household contracts and subscriptions. Their core service enables users to centralize, subscribe, transfer, and cancel contracts related to utilities such as electricity and gas, internet services, mobile plans, home insurance, and entertainment subscriptions like Netflix and Spotify.

The platform is characterized by its user-friendly approach, allowing clients to complete the transfer of contracts in as little as 15 minutes, significantly reducing the time and hassle typically associated with such processes. Papernest's target market primarily includes residential customers who are moving or looking to manage their household expenses more effectively. The company operates primarily in France, but its services cater to users seeking efficiency in contract management across various sectors within the residential market. Papernest generates revenue through a business model primarily focused on subscription services and partnerships with various utility and service providers.

Clients can access the platform free of charge, with the company deriving income through commission-based arrangements with partners when users switch or sign up for new services via the platform.