Wingspan Raises $24 Million To Scale Embedded Contractor Management & Payment

Wingspan, a payroll platform purpose-built for contractor management, announced that it has raised $24 million in Series B funding led by Touring Capital, bringing its total capital raised to $54 million. Existing investors Andreessen Horowitz, Long Journey Ventures, Distributed Ventures, Company Ventures, and 186 Ventures also participated. Teladoc Health, Inc. leverages Wingspan to provide its 10,000 health care provider organizations with a seamless payment experience, saving the company an average of 28 hours per month on payment processing, according to the announcement.

Wingspan is on a mission to make contract work effortless for everyone, according to the announcement . . .