Wrappup, which was founded at the Angelhack Hackathon in Dubai in 2015, had been incubated at in5 in Dubai Internet City, and had also raised a seed round of US$ 800,000 from investors like
BECO Capital, 500 Startups, Arzan VC, Dubai Silicon Oasis, Womena, Dubai Angel Investors, Odin Financial Advisors, and Hala Fadel.