Serial entrepreneurs acquire construction-focused fintech, move it to Columbus

Steve Weber and Shilpa Marano started a tech consulting firm after leaving e-commerce startup nChannel Inc. After two years working with a client spinning out in-house software, the partners acquired it – now working on their third company together.

PaperTrl Inc. moved to far north Columbus from Baltimore, Maryland, after the seller-financed deal closed in the last week of October, the new owners told Columbus Business First. Terms were not disclosed.

The startup making invoicing software focused on middle market construction companies is tracking for $1 million revenue this year.

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Story excerpt provided by Columbus Inno.

Written by Carrie Ghose.

Originally published November 8, 2022.