Wingspan, a New York-based supplier of a payroll platform purpose-built for versatile workforces, raised $14M in Sequence A funding.
The spherical, which introduced whole capital raised to $23.5M, was led by Andreessen Horowitz, with participation from Distributed Ventures, Lengthy Journey Ventures, Ludlow Ventures, and 186 Ventures. Andreessen Horowitz Basic Associate David Ulevitch, joined Wingspan’s Board of Administrators.
The corporate intends to make use of the funds to broaden its crew in addition to spend money on its platform.
Led by CEO Anthony Mironov and and CTO Greg Franczyk, Wingspan offers firms with the instruments to effectively and successfully handle contractors at scale–making certain well timed funds, entry to advantages and simplified onboarding. The corporate is an all-in-one, scalable resolution for firms to onboard, pay, and help contractors. With greater than 20,000 members and a whole bunch of enterprise purchasers, Wingspan is anticipated to surpass one billion in contractor funds by the tip of the yr.
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