Wrapbook

Wrapbook

Digital payroll and production management platform

About Wrapbook

Simplify's Rating
Why Wrapbook is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Financial Services

Entertainment

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$150.5M

Headquarters

Toronto, Canada

Founded

2018

Overview

Wrapbook provides a digital payroll and production management platform specifically designed for the entertainment industry. It helps film and TV production companies, commercial producers, and other entertainment professionals manage their payroll efficiently and in compliance with industry regulations. The platform allows users to collect timecards through an app, which automates the payroll process by generating smart timecards that consider factors like pay rate, overtime, and union status. This eliminates the need for paper timecards and reduces administrative tasks. Users can also upload and store important project documents, making it easier to manage information about cast, crew, and vendors. Wrapbook integrates with accounting software like QuickBooks, allowing for streamlined financial management. The company's goal is to simplify the complex payroll processes in the entertainment industry, saving clients time and reducing the burden of paperwork.

Simplify Jobs

Simplify's Take

What believers are saying

  • Wrapbook raised $20 million, valuing the company at $750 million in 2023.
  • The platform's digital-first approach aligns with the industry's sustainability focus.
  • Wrapbook's new cost-management tools enhance collaboration between production and accounting teams.

What critics are saying

  • Increased competition from established players like Cast & Crew threatens market share.
  • Ongoing entertainment industry strikes may reduce demand for Wrapbook's services.
  • New privacy regulations could increase compliance costs for Wrapbook.

What makes Wrapbook unique

  • Wrapbook offers a comprehensive digital payroll platform for the entertainment industry.
  • The platform integrates with QuickBooks, Sage Intacct, Oracle Netsuite, and Acumatica.
  • Wrapbook provides built-in union compliance, streamlining complex entertainment payroll processes.

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Funding

Total Funding

$150.4M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Remote Work Options

Health Insurance

Dental Insurance

Home Office Stipend

401(k) Company Match

401(k) Retirement Plan

Professional Development Budget

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Wrapbook
Sep 25th, 2024
Introducing Our New Gov't Forms Database

That's why Wrapbook is excited to announce the launch of its new Government Forms Database, a comprehensive resource designed to be your one stop shop for government documentation.

DHR Map
Sep 25th, 2024
Wrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions

In earlier funding rounds, Wrapbook secured $3.6 million in seed funding in 2020, followed by a $27 million Series A in 2021.

Leads on Trees
Sep 24th, 2024
Wrapbook Secures $20 Million in Funding to Revolutionize Production Payroll and Accounting

Wrapbook secures $20 million in funding to revolutionize production payroll and accounting.

PR Newswire
Sep 24th, 2024
Wrapbook Raises $20M, $750M Valuation

Wrapbook announced a $20 million investment from Bessemer Venture Partners, valuing the company at $750 million. They also launched a secondary tender offer for eligible employees to sell a portion of their equity. The funding will accelerate investment in Wrapbook's NextGen payroll and production accounting solution, enhancing speed, efficiency, and collaboration for production finance teams.

eNews Park Forest
Sep 24th, 2024
Wrapbook Raises Equity Financing at a $750M Valuation, Plus Launch of Secondary Tender Offer for Employees from Bessemer Venture Partners

Wrapbook raises equity financing at a $750M valuation, plus launch of secondary tender offer for employees from Bessemer Venture Partners.

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