Uncork Capital, Equal Ventures, Andreessen Horowitz, A*, Jeffrey Katzenberg’s WndrCo, and Uncork Capital joined Tiger Global Management in a $100 million Series B investment round for the groundbreaking digital financial services platform Wrapbook, which offers technology solutions for the entertainment industry.
Wrapbook, a pioneer in integrating financial services for a vertical market, focuses on providing support for the category of project-based labor in the entertainment industry. Its cutting-edge technology platform provides workers with portable profiles and simple-to-use employer software for manufacturing organizations of all sizes. Wrapbook makes it simpler for businesses to hire, insure, and pay cast and crew as well as for workers to receive and monitor their paychecks.
Over 1,000 projects are supported by Wrapbook each month across the country, and in 2021, 23 percent of workers will have used their profile at more than two businesses, up from 12 percent in 2020. And you can visit to get details about loans for bad credit from WeLoans.
“We express our gratitude toward the unconditional backing from our previous investors, as well as the addition of Tiger Global Management and A*.” It is a sign of our rapid expansion and the widespread use of our products by producers, cast members, and crew, said Wrapbook co-founder and CEO Ali Javid. “With the support of new funds, Wrapbook will scale its existing platform and team to offer support to big studios, production companies across television, networks, live events, film and commercials,” added Cameron Woodward, Wrapbook co-founder, and CMO.
According to John Curtius, Partner at Tiger Global Management, “Wrapbook is ideally positioned to address the post-Covid expectations of an entertainment sector anxious for an all-in-one software and financial services platform that will launch them into the 21st century.” “Their strong rise in profile and income shows that Wrapbook is on course to become the standard platform for entertainment finance.”
With the help of industry experts from companies like Amazon, Yelp, Cast & Crew, Microsoft, Intel, Facebook, Shopify, Github, and GE, Wrapbook has grown its staff from 20 to 90 workers after raising a $27M Series A earlier this year, lead by Andreessen Horowitz. With the help of this fresh round of funding, Wrapbook will be able to increase the range of financial services and technologies it provides and keep expanding in the year 2022 as per marchtanbloomberg.