Wrapbook valued at $750 million

Wrapbook, a provider of payroll, insurance, and compliance for the entertainment industry, announced a $20 million investment from Bessemer Venture Partners, valuing the company at $750 million. Additionally, the parties have launched a secondary tender offer, allowing eligible Wrapbook employees to sell a portion of their equity.

In November 2021, Wrapbook was valued at $1 billion after closing a $100 million Series B round.

Founded in 2018, Wrapbook is used by 1,000+ companies and 175,000+ workers have created a digital profile to be paid through the platform.

“Wrapbook acts as a force multiplier for finance executives, production accountants and producers. Our platform and elevated services model allow these crucial team members to manage complex processes efficiently and contribute more strategically to the productions’ success.” – Ali Javid, CEO of Wrapbook.

“We are imagining a new, better way to manage production finance with the support of our customers and the industry.” – Cameron Woodward, Co-Founder of Wrapbook.