What is Wrapbook?
Founded in 2018 and headquartered in New York City, Wrapbook delivers a financial services solution tailored for the project economy. Initially focusing on the entertainment industry, its technology platform streamlines the onboarding and insurance processes for production companies of all sizes, while also providing workers with a portable profile for managing payments. Wrapbook's remote-first approach emphasizes ease of use for both employers and employees, facilitating efficient financial operations within project-based work environments.
How much funding has Wrapbook raised?
Wrapbook has raised a total of $170.6M across 5 funding rounds:
Angel/Seed
$3.6M
Series A
$27M
Series B
$100M
Unspecified
$20M
Private Equity
$20M
Angel/Seed (2020): $3.6M, investors not publicly disclosed
Series A (2021): $27M led by Uncork Capital, Andreessen Horowitz, and Equal Ventures
Series B (2021): $100M supported by Equal Ventures, Andreessen Horowitz, Tiger Global Management, and Uncork Capital
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.
Uncork Capital
Uncork Capital is a seed-stage venture firm that actively supports startups from their early stages, aiming to build lasting partnerships and assist companies through critical growth phases.
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. They are headquartered in Menlo Park, California.
What's next for Wrapbook?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for Wrapbook. This capital infusion is likely to fuel further platform development, expansion into new markets beyond the entertainment industry, and enhancements to its employer and worker-focused financial services. The company's focus on the project economy positions it to capitalize on the increasing prevalence of freelance and contract work, suggesting a strategic push towards solidifying its market leadership and potentially exploring new service verticals.
See full Wrapbook company page