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Hello Wrapbook community!
We're thrilled to share some exciting news with you today: Wrapbook has secured a $20-million investment from Bessemer Venture Partners. And while we’re obviously happy that the investment values the company at $750 million, this milestone is about a lot more than just numbers—it's about our commitment to modernizing production finance and accounting in the entertainment industry, as Bessemer highlights in its own funding news announcement.
Since founding Wrapbook, our vision has been clear: to be more than just a payroll service. We set out to be a force multiplier for production finance teams. What does that mean? It means we're here to amplify your capabilities, to help you do more with less, and to transform the way you manage the financial backbone of your productions.
In an industry grappling with tightening budgets, production pauses, and complex financial management, we've emerged as a critical solution for teams looking to get more done, faster—while ensuring greater accuracy. By combining next-gen technology with industry-leading customer service, Wrapbook empowers finance executives, production accountants, and producers to manage complex processes efficiently and contribute more strategically to a production's success.
We're not just upgrading old systems—we're reimagining what production finance can be in the digital age. With this new funding, we're doubling down on our mission to create a unified platform that gives you:
This funding round isn't just about growth—it's about empowerment. As The Hollywood Reporter mentions in its piece on the Bessemer investment, we're including a secondary tender offer, allowing eligible Wrapbook employees to sell a portion of their equity. It's our way of recognizing their contributions and reinforcing our commitment to building a company that values its people as much as its product.
Without the support of our growing community, Wrapbook would not be celebrating this momentous milestone. We’re incredibly grateful for the trust that our users place in us every day, including:
These numbers reflect more than just growth—they represent a shift in the industry towards more efficient, transparent, and powerful financial tools for productions of all sizes.
As we continue on this journey, we invite you to be part of shaping the future of production finance. Whether you're a longtime Wrapbook user or considering making the switch, your insights and feedback are invaluable to us.
Imagine a world where real-time financial insights are at your fingertips, where collaboration across teams is seamless, and where strategic decision-making is powered by comprehensive data. That's the world we're building, and we couldn't be more excited to have you with us on this journey.
Thank you for your trust and support. Here's to writing the next chapter of production finance together!
Ali Javid & Cameron Woodward
Co-Founders, Wrapbook
P.S. Want to learn more about how Wrapbook can amplify your production finance capabilities? Schedule a demo with our team today. Let's reimagine production finance together.
At Wrapbook, we pride ourselves on providing outstanding free resources to producers and their crews, but this post is for informational purposes only as of the date above. The content on our website is not intended to provide and should not be relied on for legal, accounting, or tax advice. You should consult with your own legal, accounting, or tax advisors to determine how this general information may apply to your specific circumstances.
Wrapbook was founded in 2018 to be a force multiplier for production—an indispensable tool that would simplify payroll, streamline production accounting, and amplify finance teams' efficiency, accuracy, and output.
