Wrapbook Raises $27 Million to Help Manage TV Series Workflows – TechCrunch

Introduction

Wrapbook TV Seriestechcrunch – Wrapbook, a platform for streamlining TV series production, has recently closed a $27 million Series B round. The company’s technology automates and simplifies the process of creating a television series, so content creators can focus more on the creative side of making their show. Read more about Wrapbook’s success in this TechCrunch article.

What is Wrapbook?

Wrapbook is a technology platform created to help streamline the processes behind creating TV series. It automates many workflow tasks during production, from onboarding to engagement, payment tracking and payroll processing. This helps content creators focus more on the creative side of building a successful show.
Wrapbook has gone above and beyond to make the production process smoother and more secure for both parties involved, eliminating manual input of each step. Not only does this help streamline the entire process and provide increased safety and accountability since the contracting and engagement details, but compensation data and taxes are also recorded digitally using the Wrapbook platform. This helps ensure that all agreements are reliably enforced while preventing errors due to the manual entry of information. With Wrapbook in place, production teams can focus more on creating a successful series without worrying about accurate record-keeping or unnecessary administrative work.
The Wrapbook platform also integrates with other tools commonly used in the entertainment industry, including payment providers, scheduling software and payroll companies, to further streamline payments and processes. For example, it can be integrated with a payroll system to ensure correct calculation of taxes, overtime and pay stub details are sent to all employees without any manual entry. This makes it easier for production teams to keep up with their ever-changing schedule while not worrying about overlooking essential details. With an intuitive interface that’s easy to learn, Wrapbook can help make creating a successful series more accessible than ever before.

What is Wrapbook used for?

Wrapbook is used to benefit the production of a TV series in several ways. The platform automates administrative tasks, including onboarding, engagement tracking, payment processing and payroll calculation. It integrates with existing communication systems such as Slack and Zoom, making it easier for teams to collaborate on projects. Additionally, it provides visibility into crew availability and simplifies budget tracking to help teams stay within budget.
Wrapbook makes it easy to manage international crew by automatically calculating taxes, currency conversions, and permit fees. It also helps streamline financial reporting, reducing paperwork and helping TV series adhere to local labour laws. With its comprehensive features for production teams, Wrapbook is essential for any TV series looking for helpful tools to easily manage their production process.

Does Wrapbook have an App?

Yes, Wrapbook has an app available for both Apple and Android phones. The app enables users to manage their productions from the convenience of their phones. Users can manage personnel resources through the app, including schedules, credits, and payroll information. Additionally, users can generate professional contracts in a matter of moments without worrying about paperwork or lost documents.
The Wrapbook app offers users an organized, secure and efficient workflow. Every crew member’s documents are securely stored within the Wrapbook cloud. The system is always up to date with the latest state and federal tax rules, ensuring accuracy with no effort. Plus, users can send out contracts directly from the app and signature collection is taken care of via digital signatures. Overall, the Wrapbook app helps streamline productions by taking tedious paperwork out of the process – saving both time and money in production costs.

Wrapbook TV Series TechCrunch

Wrapbook, the California-based company that recently raised $27 million to help simplify workflows for television series production, provides a powerful and secure digital platform for users. With its user-friendly interface and automated processes, the app helps streamline the often complicated process of creating a TV show. With Wrapbook, filmmakers can manage the different components involved in TV production more effectively while reducing paperwork and increasing security.
The Wrapbook platform is designed to make television production’s often laborious paperwork processes more accessible and more secure. It allows users to securely store information, such as contracts and legal agreements, in a single dashboard while automatically processing invoices and payments. The platform also has access to numerous partners, such as insurance providers, payroll companies, and background-check facilities, which can help reduce any logistical challenges during production. All these features combined make Wrapbook an invaluable tool for TV show production teams looking for an efficient way to manage their workflow.

Wrapbook Valuation

After its $27 million raise, Wrapbook has a reported valuation of approximately $224 million. This estimated value comes from the impressive growth the company has seen over the past year. Thanks to its innovative platform for simplifying TV production workflows, it is expected to continue increasing. With their newfound capital, the app makers hope to expand their services further.
This new valuation solidifies Wrapbook as a leader in their sector and shows the specifics of how much value the company is perceived to have. The new estimated valuation places Wrapbook within the ranks of many established startups and industry standards that have seen success in the same market. With this increased capital and sky-high expectations for future growth, it’s safe to say that Wrapbook is well on its way to becoming a significant player in the TV production industry—but only time will tell what’s truly in store for Wrapbook.

Conclusion

Wrapbook is a startup that simplifies the payroll process for TV series and commercial productions. It has raised $27 million in Series, A funding from noteworthy names in both the tech and entertainment worlds.