- Wrapbook is a payroll and production management platform designed specifically for the entertainment industry, offering features like onboarding, digital payments, tax filing, and expense tracking to streamline production finances.
- In the past year, Wrapbook raised $20 million in a Series B1 funding round and acquired Cinapse, a scheduling platform, to enhance its service offerings for film and television productions.
- The company has launched an $800,000 grant program to support U.S. film and television productions, reflecting its commitment to the industry and its local communities.
- Wrapbook's ideal buyers are production finance teams in the entertainment sector, as they address challenges related to payroll management and accounts payable, making operations more efficient and compliant.
Wrapbook comprises 14 departments, with Engineering being the largest at 40 employees, followed by Operations with 22 and Information Technology with 19. This distribution highlights a strong focus on technical and operational capabilities, essential for software development. The presence of smaller departments, such as Community and Social Services and Finance, indicates a balanced approach to supporting both core and ancillary functions within the organization.
The workforce is distributed across 46 locations, with the highest concentration in Burbank, CA (14 employees), followed by New York, NY (12) and West Hollywood, CA (7). The significant number of employees categorized under 'Other' suggests a broad geographic reach, indicating a remote or distributed workforce model. This distribution reflects a strategic approach to talent acquisition, allowing Wrapbook to tap into diverse markets while maintaining operational effectiveness.
