Wrapbook secures $27m in its Series A round

Wrapbook, a financial dashboard for businesses, has secured $27m in its Series A round.

The round was backed by Andreessen Horowitz, Equal Ventures, Uncork Capital, Jeffrey Katzenberg’s WndrCo and Michael Ovitz.

Wrapbook supplies businesses with a financial platform to handle an array of their processes, including onboarding staff, handling payroll, team management and providing insurance to their employees.

Wrapbook co-founder Cameron Woodward said, “We are replacing what has essentially been a paper driven process with a completely digital system in order to increase prosperity for both employees and employers. Our goal is to replace the pain points of the current cobbled together approach with an easy-to-use platform that meets everyone’s needs.”

The FinTech previously raised $3.6m in its seed round last year. Contributions came from Equal Ventures and Uncork Capital.

Last week, Andreessen Horowitz led the $26m funding round of digital currency platform Eco. The company offers a digital wallet that can be used to make online payments around the world.

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