Rock Paper Coin, a Portland, Ore.-based startup that goals to streamline funds for marriage ceremony distributors, raised $2.3 million. The corporate has raised $4.8 million to this point, together with a $1.6 million spherical final yr.
The 15-person startup, based in 2019, was in a position to survive the pandemic-driven marriage ceremony slowdown pandemic and is now experiencing “fast progress,” stated CEO Elizabeth Sheils.
Rock Paper Coin builds instruments for marriage ceremony planners, distributors, and {couples} getting married. The thought is to automate your entire marriage ceremony course of with expertise that digitizes contracts, invoices, and funds.
The corporate helps three-way communication between the occasion planner, the couple and distributors comparable to photographers and caterers. The platform additionally works as a “marriage ceremony binder” with budgeting and different instruments for {couples} managing their very own occasion.
Sheils based Rock Paper Coin with Nora Sheils, her sister-in-law. They had been working for Bridal Bliss, a profitable marriage ceremony and occasion planning enterprise that Nora began in 2002. However the two had been pissed off by the shortage of digital instruments accessible for monitoring contracts and funds.
Portland enterprise agency Elevate Capital led the funding spherical, which included participation from HearstLab, Stormlight Holdings, and others.