Wrapbook, a Burbank, CA-based provider of an employer-of-record service modernizing entertainment payroll and production accounting for film and TV productions, is aiming to bulk up its market share in Hollywood and has secured a new round of cash to do so.
Additionally, the parties have launched a secondary tender offer, allowing eligible Wrapbook employees to sell a portion of their equity.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Ali Javid, Wrapbook provides production finance teams in the entertainment industry with payroll and production accounting solutions. By combining advanced technology with a service model across all segments, it amplifies the capabilities of film finance professionals. From studio projects to independent productions, the solution is used by thousands of companies to manage payroll, track expenses, and streamline accounting workflows in real-time. 1,000+ companies currently who use Wrapbook.
FinSMEs
25/09/2024