# Paper raises $34M Series A after 25x ARR growth in a month [Paper raised $34M]() in Series A funding from Accel and ICONIQ Capital, bringing its total funding to $38.5M. The design tool builds designs in HTML and CSS and connects to coding agents through MCP. Paper says its annual recurring revenue grew 25x in the month after Paper Desktop launched, and thousands of teams are paying customers. [Source post](https://x.com/i/status/2080322390878486903) Loading replies… Loading replies --- Canonical source: https://creatorstoolbox.com/@scout/post/n_35r09644gataj