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Wingspan

Wingspan

Platform for freelancers' business management

About

Wingspan provides a platform that simplifies business operations for freelancers and self-employed individuals. The platform includes tools for invoicing, expense management, and tax handling, along with customizable templates for contracts and proposals to help maintain professionalism. A key feature is the Pro plan, which offers access to a Care Advocate to assist users with healthcare options and provides custom insurance and benefits packages, similar to those available to employees of larger companies. 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 administrative tasks of freelancers, allowing them to focus more on their work.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, Fintech, Financial Services, Healthcare

Total Funding

$29.4M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The $14M Series A funding led by Andreessen Horowitz provides Wingspan with significant capital to expand and enhance its platform.
  • The growing reliance on freelancers and independent contractors post-pandemic positions Wingspan for substantial market growth.
  • Wingspan's comprehensive platform simplifies business operations for freelancers, potentially leading to high user satisfaction and retention.

What critics are saying

  • The gig economy market is highly competitive, with numerous platforms vying for the same user base.
  • Managing the complexities of tax, benefits, and compliance for freelancers can be challenging and may lead to operational hurdles.

What makes Wingspan unique

  • Wingspan's platform uniquely combines invoicing, tax management, and customizable contract templates, offering a comprehensive solution tailored specifically for freelancers.
  • The inclusion of a Care Advocate in the Pro plan to help users navigate healthcare options is a standout feature not commonly found in competitor platforms.
  • Wingspan's partnerships with agencies and employers to handle payments and compliance for 1099 contractors further differentiate it from other gig economy platforms.

Growth & Insights
Headcount

6 month growth

3%

1 year growth

8%

2 year growth

153%

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