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Wrapbook Secures $20 Million in Funding to Revolutionize Production Payroll and Accounting
Wrapbook
Wrapbook, a game-changing platform revolutionizing the production payroll landscape, is thrilled to announce that it has successfully raised $20 million in its latest funding round. This significant infusion of capital will be strategically utilized to enhance Wrapbook's innovative payroll solutions, improving efficiency and security for production teams across the entertainment industry. Wrapbook’s intuitive platform unifies payroll management for production, accounting, and creative personnel, allowing them to seamlessly collaborate, manage projects, track expenses, and pay cast and crew—all in a secure environment accessible from any device. With a roster of clients that includes leading production companies like SMUGGLER, Tuff, and GhostRobot, Wrapbook demonstrates its capability to cater to projects of all sizes, ensuring dependable payroll processes that boost productivity. The recent funding comes from a lineup of esteemed investors, including Jeffrey Katzenberg’s WndrCo, Andreessen Horowitz, and A* Capital, further validating the platform's potential to reshape the industry. As Wrapbook continues to grow, fueled by its dedicated team of over 250 professionals hailing from illustrious backgrounds like SAG-AFTRA, DGA, and top tech giants, the company is poised to deliver innovative features that empower production teams and workers alike. This latest funding will fuel Wrapbook’s mission of providing clarity and dependability to production payroll processes, making it an essential tool for today's fast-paced entertainment landscape.
Buying Signals & Intent
This company has expressed interest in the following products and services:
- Accounting Software
- Production Management Tools
- Payroll Systems
- Insurance Services
- Data Security
Investors
Bessemer Venture Partners
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