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About Wingspan
Industries
Fintech
Healthcare
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$17.5M
Headquarters
New York City, New York
Founded
2019
Overview
Wingspan provides a platform that simplifies business operations for freelancers and self-employed individuals. It offers tools for invoicing, expense management, tax handling, and customizable contract templates, helping users manage their administrative tasks efficiently. A key feature is the Pro plan, which includes access to a Care Advocate for healthcare navigation and custom insurance packages, giving freelancers benefits typically available to larger company employees. Wingspan operates on a subscription model, starting at $20 per month, and partners with agencies to manage payments and compliance for 1099 contractors. The goal of Wingspan is to streamline the business processes of freelancers, making it easier for them to focus on their work.
Simplify's Take
What believers are saying
- Wingspan raised $14M in Series A funding, boosting its growth potential.
- The rise of the gig economy increases demand for Wingspan's freelancer-focused services.
- Integration with AI-driven financial planning tools could enhance Wingspan's platform.
What critics are saying
- Increased competition from AI-driven platforms like Onix's Wingspan could overshadow current offerings.
- Traditional financial institutions adapting to the gig economy may reduce Wingspan's market share.
- Reliance on partnerships for payment and compliance services poses financial and regulatory risks.
What makes Wingspan unique
- Wingspan offers a comprehensive platform for freelancers to manage income, benefits, and taxes.
- The Pro plan includes a Care Advocate to help users navigate healthcare options.
- Custom insurance and benefits packages provide freelancers perks typically reserved for larger companies.
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Funding
Total Funding
$17.5M
Meets
Industry Average
Funded Over
2 Rounds
Andreessen HorowitzIndustry standards
Benefits
Flexible Time Off
Stock Options
Home Office Stipend
401(k) Company Match
Wellness Program
Growth & Insights and Company News
6 month growth
↓ -6%1 year growth
↑ 0%2 year growth
↓ -4%Unveiled at Google Cloud Next 25, Wingspan empowers enterprises to create advanced, context-aware data platforms and deploy domain-specific AI agents, leading to enhanced user productivity and actionable AI-driven insights.
For platforms like Wingspan, partnering with Meridio, a provider specializing in affordable health benefits for contractors, was a game-changer.
The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the traditional notions of employment. However, achieving financial security in a flexible work environment can be challenging due to inconsistent income and complicated tax and benefit systems, posing significant hurdles for gig workers today. In this dynamic landscape, traditional financial institutions (FIs) have struggled to keep pace, leaving a void that FinTech firms, platforms and smaller banks are now trying to fill
Wingspan, the first payroll platform purpose-built for flexible workforces, today announced it has raised a $14 million Series A led by Andreessen Horowitz, bringing its total capital raised to $23.5 million.
Wingspan, a New York-based provider of a payroll platform purpose-built for flexible workforces, raised $14M in Series A funding.
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About Wingspan
Industries
Fintech
Healthcare
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$17.5M
Headquarters
New York City, New York
Founded
2019
There are no jobs for Wingspan right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Wingspan