Bessemer Invests $20M in Wrapbook at $750M Valuation; Secondary Tender Offer for Employees
September 24, 2024
Wrapbook, a provider of payroll and production accounting software for the entertainment industry, raised $20 million from Bessemer Venture Partners at a $750 million valuation. The company also launched a secondary tender offer allowing eligible employees to sell a portion of their equity; proceeds will support Wrapbook’s product development and growth initiatives.
- Buyers
- Bessemer Venture Partners
- Targets
- Wrapbook
- Sellers
- Eligible Wrapbook employees
- Industry
- Cloud & SaaS
- Location
- New York, United States
- Transaction Type
- Growth capital
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