What is Wrap Media?
Wrap Media offers a robust mobile engagement technology designed to deepen customer relationships, foster loyalty, and stimulate commerce. Their innovative platform enables businesses to communicate effectively through messaging feeds, eliminating the need for programming or app downloads. This targeted messaging capability extends across multiple channels, including social media, SMS, web, in-app, and email, empowering clients to significantly enhance their sales, marketing, and customer service operations. The company's focus on frictionless communication and commerce integration highlights its strategic approach to the evolving digital landscape.
How much funding has Wrap Media raised?
Wrap Media has raised a total of $25.2M across 3 funding rounds:
Series A
$3.5M
Series B
$12.7M
Unspecified
$9M
Series A (2015): $3.5M with participation from RAINE VENTURES and Founders Fund
Series B (2015): $12.7M led by Dream Incubator Inc., Transmedia Capital, The Raine Group, and ProSiebenSat1.com
Unspecified (2016): $9M supported by Silicon Valley Bank and Dream Incubator
Key Investors in Wrap Media
RAINE VENTURES
RAINE VENTURES is an investment firm that likely focuses on technology and media ventures, given its domain and association with other tech-focused investors.
Silicon Valley Bank
Silicon Valley Bank is a financial institution specializing in commercial and private banking, asset management, and investment services, particularly for technology and life science companies.
Dream Incubator
Dream Incubator Inc. is a Japanese firm that provides strategic consulting and incubation services, focusing on business production and supporting large enterprises in growth strategies and new business creation.
What's next for Wrap Media?
With substantial enterprise-level backing and a recent strategic investment, Wrap Media is poised for accelerated growth. The company's ability to facilitate direct, app-less customer engagement positions it favorably in a market increasingly prioritizing seamless digital interactions. Future developments are likely to focus on expanding platform capabilities, enhancing data analytics for personalized engagement, and broadening its market reach. Continued investment will support scaling operations and solidifying its competitive advantage in the customer relationship management and mobile commerce sectors.
See full Wrap Media company page