Wrapp secures $15M in Series B round
Stockholm-based social gifting app Wrapp has announced Thursday that it has raised $15 million in series B funding. The company will receive continued support from Series A investors Greylock Partners, Atomico and Creandum. It has also added new investors: American Express, Qualcomm Ventures, and SEB Private Equity.
Wrapp plans to use the new funding to continue expanding by hiring staff in San Francisco. According to its press release, Wrapp currently has 200 national and multinational retailers using its platform in eight different countries.
Since
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