About Back
Back is a company based in Berlin (Germany) founded in 2018 was acquired by Personio in May 2022.. Back has raised $3.3 million across 1 funding round from investors including Personio, Seedcamp and Matthias Hilpert. Back offers products and services including Conversations, Knowledge, and Journeys. Back operates in a competitive market with competitors including Notion, Smartsheet, Asana, monday.com and Clickup, among others.
- Headquarter Berlin, Germany
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Back Technologies Gmbh
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Products & Services of Back
Back offers a comprehensive portfolio of products and services, including Conversations, Knowledge, and Journeys. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles employee communications and requests across channels.
Provides chatbot access to HR information and documentation.
Automates employee processes like onboarding and offboarding.
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Funding Insights of Back
Back has successfully raised a total of $3.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.3 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.3M
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First Round
First Round
(18 Jun 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Back | Valuation | La Famiglia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Back
Back has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Personio, Seedcamp and Matthias Hilpert. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital firm focused on early stage companies
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Founded Year | Domain | Location | |
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Venture capital arm of Alphabet Inc. investing in AI
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Back
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Back
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Back Comparisons
Competitors of Back
Back operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, Asana, monday.com and Clickup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Back
When was Back founded?
Back was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Back located?
Back is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Back a funded company?
Back is a funded company, having raised a total of $3.3M across 1 funding round to date. The company's 1st funding round was a Seed of $3.3M, raised on Jun 18, 2020.
What does Back do?
Back was founded in 2018 in Berlin, Germany, within the AI sector focused on workforce collaboration and automation. An intuitive platform is provided to internal service and business operations teams for handling all workplace requests in one location. Time expended by employees and teams in resolving these requests is tracked. Trends in operations are analyzed to support improvements in internal processes. The companys domain is backhq.com.
Who are the top competitors of Back?
Back's top competitors include monday.com, Smartsheet and Clickup.
What products or services does Back offer?
Back offers Conversations, Knowledge, and Journeys.
Who are Back's investors?
Back has 9 investors. Key investors include Personio, Seedcamp, Matthias Hilpert, La Famiglia, and Gradient Ventures.
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