Backdrop

San Francisco, United States Founded: 2023 • Age: 3 yrs
AI-based platform for expense management and receipt handling is provided.
Annual revenue - Latest available
Total funding $125,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Backdrop

Backdrop is a company based in San Francisco (United States) founded in 2023 by Caitlin Short and Akanksha Singh. It operates as a SaaS (Software-as-a-Service). Backdrop has raised $125 thousand across 1 funding round from investors including Y Combinator. Backdrop offers products and services including P-Cards Management, Accounts Payable Automation, and Corporate Expenses Tracking. Backdrop operates in a competitive market with competitors including Conta Simples, AppZen, Jenji, Mendel and Sensibill, among others.

  • Headquarter San Francisco, United States
  • Founders Caitlin Short, Akanksha Singh
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Twig Tech
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Backdrop

Backdrop offers a comprehensive portfolio of products and services, including P-Cards Management, Accounts Payable Automation, and Corporate Expenses Tracking.

Product name locked
Category locked
Primary

Real-time spend limits are set for production cards.

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Payments and approvals are streamlined for production teams.

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Expenses are managed for corporate and production teams.

Funding Insights of Backdrop

Backdrop has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2023. 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.

Investors in Backdrop

Backdrop has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Investor details for Backdrop

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Backdrop

Investments
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Investment portfolio details for Backdrop

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Backdrop

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Detailed financials for Backdrop

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  • Profit trends
  • Statement rows
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Backdrop Comparisons

Backdrop Primary company
Description
AI-based platform for expense management and receipt handlin...
Location
San Francisco, United States
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Backdrop

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Competitors of Backdrop

Backdrop 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 Conta Simples, AppZen, Jenji, Mendel and Sensibill, among others.

Company Name Domain Founded year HQ Location Description
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Digital bank for businesses
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Personal Assistant for Expense Management
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AI-based expense management software is offered for businesses.
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Expense analysis and management solutions are provided for businesses.
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Receipt management solutions are offered for digital banking apps.
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AI-based legal spend management software is offered for corporate lawyers.
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Detailed competitors of Backdrop

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Latest news on Backdrop

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Complete news archive for Backdrop

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Frequently Asked Questions about Backdrop

Backdrop was founded in 2023.

Backdrop is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Backdrop is a funded company, having raised a total of $125K across 1 funding round to date.

Backdrop offers financial tools tailored for film, TV, music, and event productions, as well as corporate teams. Real-time P-Card management, automated accounts payable processes, and corporate expense tracking are delivered through an all-in-one platform. Integration with major accounting systems is supported, and budget tracking along with custom approval chains is facilitated. The focus is placed on streamlining vendor onboarding, payments, and reimbursements while serving global production industries with efficient pre-accounting solutions.

Backdrop's top competitors include Conta Simples, Brightflag and AppZen.

Backdrop offers P-Cards Management, Accounts Payable Automation, and Corporate Expenses Tracking.

Backdrop has 1 investor. Key investors include Y Combinator.

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