Payroll platform Wingspan grabs $14m Series A

Andreessen Horowitz led the round.

  • Other participants in the round included Distributed Ventures, Long Journey Ventures, Ludlow Ventures, and 186 Ventures
  • In conjunction with the funding, Andreessen Horowitz General Partner David Ulevitch will join Wingspan’s board of directors
  • The capital infusion will be used by Wingspan to invest in its platform and for personnel hiring

New York-based Wingspan, a payroll platform purpose-built for flexible workforces, has raised $14 million in Series A funding.

Andreessen Horowitz led the round. Other participants in the round included Distributed Ventures, Long Journey Ventures, Ludlow Ventures and 186 Ventures.

This fundraisings brings Wingspan’s total tally to $23.5 million.

The capital infusion will be used by Wingspan to invest in its platform and for personnel hiring.

“The future of work is already here,” says Andreessen Horowitz General Partner David Ulevitch, in a statement. “And Wingspan has built the financial infrastructure to better enable it.” In conjunction with the funding, Ulevitch has joined Wingspan’s board of directors.

Wingspan was founded in 2019 by Anthony Mironov and Greg Franczyk.