Backer
PrivateLast Round
Series A
Dec 19, 2023
Total Funding Raised
$23.4M
Company Overview
Backer is a fintech company that offers an investment platform to help families save for education through 529 college savings plans, social gifting features, and tax-free investment options.
Sector
FinTech
Verticals
Wealth Management, Investment Platforms, Personal Finance
Business Model
B2C
Customer Profile
Subscription SaaS, Freemium, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Backer Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Backer Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Dec 19, 2023 | ||||
| Series A | Apr 28, 2021 | ||||
| Seed | Aug 5, 2019 | ||||
| Seed | Jan 2, 2017 |
Backer Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Tuck Social Venture Fund | Seed |
| Great Oaks Venture Capital | Series A, Seed |
| Princeton Alumni Entrepreneurs Fund | Seed |
| Crosslink Capital | Series A |
| 500 Global | Seed |
| Reach Capital | Series A, Seed |
| Expansion Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 2, 2017
$2M round with participation from 500 Global.
Backer Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Backer's valuation, stock price, and market status.