Wrapbook

Wrapbook

Digital payroll and production management platform

About

Wrapbook offers a digital payroll and production management platform tailored for the entertainment industry, helping clients like film and TV production companies manage payroll efficiently. The platform allows users to collect timecards digitally and generates smart timecards that ensure compliance with industry regulations. What makes Wrapbook different is its focus on the unique needs of entertainment professionals and its integration with accounting software like QuickBooks, which streamlines financial management. The goal of Wrapbook is to save clients time and reduce the administrative burden associated with traditional payroll methods.

Company Stage

Late Stage VC

Employees

201-500

Industries

Enterprise Software, Financial Services, Entertainment

Total Funding

$146.3M

Headquarters

Toronto, Canada

Founded

2018


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Simplify's Take

What believers are saying

  • Wrapbook raised $20 million, valuing the company at $750 million in 2023.
  • The platform's new cost-management tools enhance collaboration between production and accounting teams.
  • Growing demand for digital payroll solutions boosts Wrapbook's market potential.

What critics are saying

  • Increased competition from established players like Cast & Crew threatens market share.
  • Ongoing entertainment industry strikes could disrupt demand for payroll services.
  • Rapid technological changes require continuous R&D investment, straining financial resources.

What makes Wrapbook unique

  • Wrapbook offers a unified platform for payroll and production management.
  • The platform ensures compliance with union regulations and diverse pay structures.
  • Wrapbook integrates with QuickBooks, Sage Intacct, Oracle Netsuite, and Acumatica.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

17%

2 year growth

19%

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