Wingspan, a New York-based provider of a payroll platform purpose-built for flexible workforces, raised $14M in Series A funding.
The round, which brought total capital raised to $23.5M, was led by Andreessen Horowitz, with participation from Distributed Ventures, Long Journey Ventures, Ludlow Ventures, and 186 Ventures. Andreessen Horowitz General Partner David Ulevitch, joined Wingspan’s Board of Directors.
The company intends to use the funds to expand its team as well as invest in its platform.
Led by CEO Anthony Mironov and and CTO Greg Franczyk, Wingspan provides companies with the tools to efficiently and effectively manage contractors at scale–ensuring timely payments, access to benefits and simplified onboarding. The company is an all-in-one, scalable solution for companies to onboard, pay, and support contractors. With more than 20,000 members and hundreds of enterprise clients, Wingspan is expected to surpass one billion in contractor payments by the end of the year.
FinSMEs
16/03/2023