Wingspan, a New York-based startup, has raised $14 million in a Series A funding round led by Andreessen Horowitz, with participation from 186 Ventures, Distributed Ventures, Long Journey Ventures, and Ludlow Ventures. The company's platform is the first payroll solution designed for independent contractors. With the rise of the gig economy, companies have increasingly relied on independent contractors to meet their business needs. However, managing these contractors' payments and benefits can be a significant administrative burden.

Wingspan aims to simplify this process by providing companies with a streamlined platform to manage their contractors' payroll. The platform offers easy onboarding, accelerated payments, and access to benefits, allowing companies to manage their contractor workforce at scale efficiently. By providing a solution tailored to independent contractors' needs, Wingspan helps promote financial security and stability for workers in the gig economy.

The Series A funding will enable Wingspan to expand its platform. They also aim to provide innovative solutions for the rapidly growing independent contractor market. The company plans to use the funding to enhance its technology, scale its operations, and increase its team.

Wingspan become a key player in the gig economy. It will provide a valuable support to companies and contractors. Visit us for the latest funding round: https://founderlodge.com/round/Wingspan-raises-14000000-Series-A-2023-03-17-Anthony-Mironov-MTEwMzE