Fundz

Wingspan Raises $14M For Its All-In-One Payroll Platform For Contractors

PRIVATEMar 16, 2023

Amount Raised

$14 Million

Round Type

Funding Round

New YorkInformation TechnologyFinancial ServicesSoftwareArtificial IntelligenceSaasEnterprise SoftwareFintechMachine Learning

Investors

Mironov186 VenturesLudlow VenturesLong Journey VenturesDistributed VenturesAndreessen Horowitz

Description

In the wake of the pandemic, more and more companies are relying on independent contractors to sustain and grow their businesses — and more people are turning to freelancing. According to a Fiverr poll, 45% of businesses are using more freelancers than before the pandemic. And Fiverr rival Upwork found that 39% of the U.S. workforce, or 60 million Americans, performed freelance work in the past year — a three-percentage-point increase from the year prior.

Company Information

Company

Wingspan

Location

335 MADISON AVENUE

New York, New York, United States

About

Wingspan is the first payroll platform for independent contractors. Purpose built for a flexible workforce, Wingspan provides companies with the tools to efficiently and effectively manage contractors at scale–ensuring simplified onboarding, accelerated payments and access to benefits.

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Wingspan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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