Backed Finance Overview
- Year Founded
-
2021
- Status
-
Acquired/Merged
- Employees
-
20
- Latest Deal Type
-
M&A
Backed Finance General Information
Description
Developer of a tokenization platform designed to make DeFi capital markets accessible and equitable for the masses. The company's platform bridges the gap between traditional and new and open financial systems by offering infrastructure for capital markets on-chain through fully backed, tokenized stocks on Ethereum, enabling users to use tokenized stocks without compromising on compliance and functionality.
Contact Information
Website
www.backed.fi(Operating Subsidiary)
Corporate Office
- Baarerstrasse 14
- 6300 Zug
- Switzerland
Corporate Office
- Baarerstrasse 14
- 6300 Zug
- Switzerland
Backed Finance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 01-Jan-2026 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 10-Jan-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A1) | 11-Dec-2023 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 01-Apr-2022 | $1.94M | $1.94M | Completed | Generating Revenue | |
| 1. Seed Round | 01-May-2021 | Completed | Startup |
Backed Finance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary |
Backed Finance Comparisons
Industry
Financing
Details
Backed Finance Competitors (20)
One of Backed Finance’s 20 competitors is Binance, a Venture Capital-Backed company based in United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Binance | Venture Capital-Backed | United Arab Emirates | ||||
| Gate Technology | Venture Capital-Backed | George Town, Cayman Islands | ||||
| Blockchain | Venture Capital-Backed | London, United Kingdom | ||||
| Hedera | Venture Capital-Backed | Las Vegas, NV | ||||
| Polkadot Blockchain Academy | Venture Capital-Backed | Grand Cayman, Cayman Islands |
Backed Finance Signals
Backed Finance Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1kx | Venture Capital | Minority | ||
| Blockchain Founders Fund | Venture Capital | Minority | ||
| Blue Bay Capital | Special Purpose Acquisition Company (SPAC) | Minority | ||
| Blue Bay Ventures | Venture Capital | Minority | ||
| Cyber.Fund | Venture Capital | Minority |
Backed Finance FAQs
-
When was Backed Finance founded?
Backed Finance was founded in 2021.
-
Where is Backed Finance headquartered?
Backed Finance is headquartered in Zug, Switzerland.
-
What is the size of Backed Finance?
Backed Finance has 20 total employees.
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What industry is Backed Finance in?
Backed Finance’s primary industry is Financial Software.
-
Is Backed Finance a private or public company?
Backed Finance is a Private company.
-
What is Backed Finance’s current revenue?
The current revenue for Backed Finance is .
-
How much funding has Backed Finance raised over time?
Backed Finance has raised $17.9M.
-
Who are Backed Finance’s investors?
1kx, Blockchain Founders Fund, Blue Bay Capital, Blue Bay Ventures, and Cyber.Fund are 5 of 13 investors who have invested in Backed Finance.
-
Who are Backed Finance’s competitors?
Binance, Gate Technology, Blockchain, Hedera, and Polkadot Blockchain Academy are some of the 20 competitors of Backed Finance.
-
When was Backed Finance acquired?
Backed Finance was acquired on 01-Jan-2026.
-
Who acquired Backed Finance?
Backed Finance was acquired by Kraken.
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