Jeffrey Katzenberg’s WndrCo and CAA co-founder Michael Ovitz are among the investors in production payroll startup Wrapbook, which just raised $27 million in Series A financing.In a blog post, co-founder and CEO Ali Javid said other investors include Equal Ventures, and Uncork Capital and venture capital firm Andreesen Horowitz.The new funds “will accelerate our mission to increase the prosperity of the project economy,” Javid wrote.Film, TV, commercial production, and live events have a combined worth of $181 billion, the Motion Picture Association estimated in 2020.
While Covid-19 has created major complications, the market remains large and ripe for disruption, as Wrapbook sees it. The company is targeting payroll, insurance, and
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