What is Wrapp?
Wrapp operates within the domain services sector, specializing in domain-related solutions. The company's focus encompasses domain parking, DNS management, IT security, monitoring, domain law, and hosting services. Established to cater to businesses seeking robust online presence management, Wrapp provides expertise in securing and managing domain names. Their services are particularly geared towards clients requiring reliable infrastructure and legal acumen in the digital space, with a noted emphasis on Nordic markets.
How much funding has Wrapp raised?
Wrapp has raised a total of $20M across 2 funding rounds:
Series A
$5M
Series B
$15M
Series A (2012): $5M with participation from Atomico and Greylock Partners
Series B (2013): $15M led by American Express, Creandum, Qualcomm Ventures, Atomico, and Greylock Partners
Key Investors in Wrapp
American Express
American Express is a global financial services organization renowned for its payment solutions and travel services. It offers a comprehensive ecosystem of charge and credit card products, network services, expense management tools, and prepaid products, serving both consumers and businesses worldwide.
Creandum
Creandum is a prominent European venture capital firm that has backed numerous successful technology companies. Based in Guernsey and Sweden, with advisory entities in Stockholm, Berlin, and San Francisco, they focus on supporting early-stage technology ventures.
Qualcomm Ventures
Qualcomm Ventures is the investment arm of Qualcomm Incorporated, a global leader in wireless technologies. They invest in companies that align with Qualcomm's strategic interests, often focusing on mobile, connectivity, and related technology sectors.
What's next for Wrapp?
The recent major strategic investment signifies a pivotal moment for Wrapp, likely enabling the company to accelerate its product development, expand its market reach, and enhance its service offerings. This infusion of capital suggests a focus on scaling operations and solidifying its competitive advantage in the domain services industry. Strategic partnerships or acquisitions may also be on the horizon as the company leverages this new backing to pursue ambitious growth objectives.
See full Wrapp company page
