Wrapbook, a provider of a software platform that powers payroll, insurance, and compliance for the entertainment industry, raised $3.6M in seed funding. The round was led by Equal Ventures, with participation from Uncork Capital, founder of Paylocity Steve Sarowitz, and 4S Bay Partners.
“Wrapbook is the easiest way for employers to compliantly pay employees for a week of work,” says Wrapbook Co-Founder, CEO Ali Javid. “We are here to help employers and employees be paperless to assist with COVID-19 and be compliant AB5 in entertainment and across project based industries.”
The company intends to use the funds to continue to expand operations and its business reach.
Read more: Wrapbook Raises $3.6M in Seed Funding