How Much Did Wrapbook Raise?
Funding & Key Investors

Wrapbook, a financial services provider for the project economy, has recently secured a major strategic investment as part of its overall major enterprise-level funding. The company's total funding stands at $170.6M, with its most recent capital infusion amounting to $20M as of October 21, 2024. This latest backing underscores the significant financial backing Wrapbook has garnered to fuel its expansion and technological development.

What is Wrapbook?

Wrapbook
SoftwareHuman Resources SoftwareBusiness Services

Founded in 2018 and headquartered in New York City, Wrapbook delivers a financial services solution tailored for the project economy, with an initial focus on the entertainment industry. Its technology platform provides production companies with user-friendly employer software and offers workers a portable profile. This dual functionality simplifies the process for companies to onboard and insure cast and crew, while enabling employees to efficiently receive and track their payments. Wrapbook operates as a remote-first company, leveraging technology to streamline complex financial and administrative processes within the gig and project-based workforce.

How much funding has Wrapbook raised?

Wrapbook has raised a total of $170.6M across 5 funding rounds:

2020

Angel/Seed

$3.6M

2021

Series A

$27M

Series B

$100M

2024

Unspecified

$20M

Private Equity

$20M

Angel/Seed (2020): $3.6M, investors not publicly disclosed

Series A (2021): $27M led by Andreessen Horowitz, Equal Ventures, and Uncork Capital

Series B (2021): $100M supported by Andreessen Horowitz, Tiger Global Management, Uncork Capital, and Equal Ventures

Unspecified (2024): $20M featuring Bessemer Venture Partners

Private Equity (2024): $20M backed by Bessemer Venture Partners

Key Investors in Wrapbook

Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm with a long history, established in 1911. They have offices globally and focus on investing in companies across various stages of growth.

Andreessen Horowitz

Andreessen Horowitz is a prominent venture capital firm founded in 2009, known for investing in both early-stage startups and established growth companies, with a significant presence in Silicon Valley.

Uncork Capital

Uncork Capital is a seed-stage venture firm committed to providing critical support to startups from their earliest stages, fostering lasting partnerships and helping companies navigate early growth challenges.

What's next for Wrapbook?

The substantial enterprise-level funding and recent strategic investment indicate Wrapbook is poised for significant scaling and market penetration. Having successfully navigated early-stage and Series A/B funding rounds, the company is likely leveraging this capital to enhance its platform capabilities, expand its reach beyond the entertainment sector, and potentially explore new verticals within the broader project economy. The continued backing from prominent investors suggests confidence in Wrapbook's business model and its potential to disrupt traditional financial services for contingent workforces. Future developments may include further technological innovation, strategic partnerships, and an increased focus on global expansion.

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Frequently Asked Questions Regarding Wrapbook Financial Insights

What are the most recent funding rounds that Wrapbook has completed, and what were the funding rounds?
Wrapbook has recently completed 3 funding rounds: Private Equity on Oct 21, 2024, Unspecified on Sep 23, 2024, Series B on Nov 11, 2021.
What is the total amount of funding Wrapbook has raised to date?
Wrapbook has raised a total of $170.6M in funding to date.
How many funding rounds has Wrapbook completed?
Wrapbook has completed 3 funding rounds.
How much funding did Wrapbook raise in its most recent funding round?
Wrapbook raised $20M in its most recent funding round.
Who are the lead investors in Wrapbook's latest funding round?
The lead investor in Wrapbook's latest funding round was Bessemer Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Wrapbook's history?
The largest funding round in Wrapbook's history was $100M.
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