About Backbar
Backbar is a company based in Chicago (United States) founded in 2011.. Backbar offers products and services including Backbar Platform, POS Integration, and Distributor Ordering. Backbar operates in a competitive market with competitors including BarTrack, Nectar, BevSpot, Partender and Sculpture Hospitality, among others.
- Headquarter Chicago, United States
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Sectors
Consumer
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Products & Services of Backbar
Backbar offers a comprehensive portfolio of products and services, including Backbar Platform, POS Integration, and Distributor Ordering. 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.
Platform for automating bar and restaurant inventory tracking and reporting.
Tool for syncing sales data with point-of-sale systems in real time.
Feature for simplifying vendor orders and invoice management.
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Funding Insights of Backbar
| 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 |
Investments & Acquisitions by Backbar
| 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 - Backbar
| 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 |
Backbar Comparisons
Competitors of Backbar
Backbar 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 BarTrack, Nectar, BevSpot, Partender and Sculpture Hospitality, 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 |
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| domain | founded_year | HQ Location |
Pouring and inventory management solutions for bars are provided.
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| domain | founded_year | HQ Location |
Inventory management devices for alcohol beverage bars are provided.
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| domain | founded_year | HQ Location |
SaaS-based solution for bar management
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| domain | founded_year | HQ Location |
Bar inventory is tracked via photo-based mobile app.
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| domain | founded_year | HQ Location |
Inventory management solutions are provided for bars and restaurants.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Backbar
When was Backbar founded?
Backbar was founded in 2011.
Where is Backbar located?
Backbar is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Backbar do?
Backbar was founded in 2011 in Chicago, United States, as a provider of SaaS-based software solutions tailored for the bar industry. Inventory tracking, POS integration, drink pricing calculations, purchase recommendations, spending monitoring, usage analysis, invoice capture, and shift documentation are included in the suite. A mobile app is offered for Android and iOS devices to support operations.
Who are the top competitors of Backbar?
What products or services does Backbar offer?
Backbar offers Backbar Platform, POS Integration, and Distributor Ordering.