About Backed Finance
Backed Finance is a company based in Baar (Switzerland) founded in 2021 by Roberto Klein, Adam Levi, and Yehonatan Goldman was acquired by Kraken in December 2025. It operates as a Token / Crypto Economy, and Professional Services. Backed Finance has raised $12.7 million across 2 funding rounds from investors including Kraken, Gnosis and Exor. Backed Finance offers products and services including xStocks, DeFi Dashboard, and Tokenization Platform. Backed Finance operates in a competitive market with competitors including Web3 DealFlow and Open Investment, among others.
- Headquarter Baar, Switzerland
- Founders Roberto Klein, Adam Levi, Yehonatan Goldman
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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 Backed Finance
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Products & Services of Backed Finance
Backed Finance offers a comprehensive portfolio of products and services, including xStocks, DeFi Dashboard, and Tokenization Platform. 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.
Tokenized equities and ETFs are offered on blockchain.
Transparency tools for liquidity and asset management are provided.
Customizable tokenized investment products are created for institutions.
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Funding Insights of Backed Finance
Backed Finance has successfully raised a total of $12.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in April 2024. 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 2
- Last Round Series A — $9.5M
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First Round
First Round
(04 Apr 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series A - Backed Finance | Valuation | Gnosis | |
| Apr, 2022 | Amount | Seed - Backed Finance | Valuation | Exor , Mindset Ventures |
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| 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 |
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Investors in Backed Finance
Backed Finance has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Kraken, Gnosis and Exor. 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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Early-stage technology investments are facilitated by Mindset Ventures.
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Blockchain startups are supported by a venture capital-backed startup studio.
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Blue Bay Ventures is focused on early-stage technology investments.
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Backed Finance
| 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 - Backed Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Backed Finance Comparisons
Competitors of Backed Finance
Backed Finance 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 Web3 DealFlow and Open Investment, 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 |
Serves as a Web3 platform for investing in startup tokens.
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| domain | founded_year | HQ Location |
Operates an online platform for trading digital currencies, stocks, and commodities.
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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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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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Latest news on Backed Finance
Frequently Asked Questions about Backed Finance
When was Backed Finance founded?
Backed Finance was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Backed Finance located?
Backed Finance is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.
Is Backed Finance a funded company?
Backed Finance is a funded company, having raised a total of $12.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.2M, raised on Apr 04, 2022.
What does Backed Finance do?
Tokenized securities and blockchain investment solutions are offered by Backed Finance. The company focuses on integrating traditional financial assets like stocks and ETFs into decentralized finance (DeFi) ecosystems. Services include the creation of xStocks, a DeFi dashboard for transparency, and a tokenization platform for institutions. Operations span across multiple blockchain networks with partnerships in the crypto and financial sectors. Compliance with regulatory frameworks, such as the Swiss DLT Act, is maintained to ensure secure and verifiable asset backing.
Who are the top competitors of Backed Finance?
Backed Finance's top competitors include Web3 DealFlow and Open Investment.
What products or services does Backed Finance offer?
Backed Finance offers xStocks, DeFi Dashboard, and Tokenization Platform.
Who are Backed Finance's investors?
Backed Finance has 8 investors. Key investors include Kraken, Gnosis, Exor, Mindset Ventures, and CyberFund.