WRAPP Chalandri, Greece

Company Website: https://wrapp.ai/

Company Email: contact@wrapp.ai

Employees: 10

Funding State: Pre-Seed


Industries

  • FinTech – Financial Services (WealthTech)

Technology

  • AI
  • Data Analytics - Big Data
  • IoT
  • Software
  • Web or Mobile Application

Business Model

  • B2B

Revenue Model

  • SaaS

Funding Sources

  • Angel
  • Grant
  • Loan
  • Self

About

🚀 Transforming SMEs through Innovative Financial Solutions 📈 We believe in the untapped potential of SMEs in the financial services landscape. SMEs are the backbone of the global economy, yet they often lack access to the financial tools and expertise they need to scale and thrive in the digital age. We have embarked on a mission to bridge this gap by offering SMEs a virtual accountant & CFO, specifically designed to facilitate their digital transformation and growth. Through wrapp, we strive to redefine the way SMEs operate and manage their financial processes.


Solution & Product

🌟 Here's what we bring to the table: 📊 Compliance: Seamlessly navigate the complexities of financial regulations and compliance requirements. 💼 Accounting: Easily manage your books and financial data with accuracy and efficiency. 💰 Finance: Empower your financial decision-making with real-time insights and strategic support. 💳 Payments Handling: Streamline your payment processes for greater convenience and security. 🔗 All of the above functions, thoughtfully unified within a single, user-friendly interface.


Innovation & Scalability

SMEs are underserved in terms of financial services. This creates a high growth potential for financial & accounting services tailored to SMEs. The right Fintech-SME partnerships will foster entrepreneurial growth and a thriving business ecosystem. Helping SMEs focus on their product and their customers means serving all of us. Wrapp makes small business owners smile again! Compliance, Accounting, Finance & Payments. What if all these boring and confusing red-tape bits of running a business were not an extra burden to carry but just another thing you do on your smartphone? Or better yet, things that get done by themselves with a simple voice command? Imagine that!


Traction & achievements

ARR 2024 (projected): €250K ARR YoY Growth: 750% YoY Churn Rate:


Team & Why Us

At Wrapp, our team is comprised of experienced professionals from both the tech and creative industries. We have individuals who have excelled in various roles, whether as freelancers or within established companies, bringing a diverse range of skills from creative agencies to software development. With seasoned entrepreneurs and senior product/tech leaders at the helm, we are deeply committed to understanding our customers' needs and driving innovation. Our strategy starts with a focused approach to the Greek market, allowing us to refine our solutions and lay a strong foundation for future global expansion. Through a combination of our team's expertise, strategic market access, and features designed to enhance network effects, we aim to make a significant impact within the industry, both locally and internationally.


Funding Needs

Currently raising €350K for our seed round at a €3.5 million pre-money valuation. Combined with secured grants of €400K this will provide a 24-month runway.


ONE LINER

A virtual accountant & CFO to help small businesses scale up and transform digitally.


TEAM

Michalis Siamkas
Michalis Siamkas, CoFounder

FUNDING

2022 - Pre Seed, Angel EUR 50K, Γεώργιος-Αναστάσιος Ζερίτης

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