About BackOffice
BackOffice is a company based in Harwich (United States) founded in 1996 was acquired by Bridge Growth Partners in August 2017.. BackOffice has raised $30 million across 1 funding round from investors including Goldman Sachs and Bridge Growth Partners. BackOffice has completed 3 acquisitions, including CompriseIT & Backoffice Associate, ENTOTA and Headwall Software. BackOffice offers products and services including Syniti Knowledge Platform, Data Migration Services, Data Quality Tools, Data Replication, and Master Data Management. BackOffice operates in a competitive market with competitors including Informatica, Egnyte, Nexla, Confluent and Immuta, among others.
- Headquarter Harwich, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Backoffice Associates, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 1 rounds
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Latest Funding Round
$30 M (USD), Series B
Jan 10, 2008
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Investors
Goldman Sachs
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
CompriseIT & Backoffice Associate
& 2 more
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Acquired by
Bridge Growth Partners
(Aug 03, 2017)
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Products & Services of BackOffice
BackOffice offers a comprehensive portfolio of products and services, including Syniti Knowledge Platform, Data Migration Services, Data Quality Tools, Data Replication, and Master Data Management. 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.
All-in-one solution for enterprise data migration and governance.
Tools and expertise for migrating data to SAP S/4HANA systems.
Software for assessing and improving enterprise data accuracy.
Services to replicate data across platforms for business continuity.
Platform for managing and governing master data in enterprises.
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Software Development Team
34 people
Leadership Team
33 people
Data Analysis and Operations Team
22 people
Delivery Team
15 people
Senior Team
12 people
Sales and Marketing
12 people
Finance and Accounting
9 people
Consultant Team
9 people
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Funding Insights of BackOffice
BackOffice has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in January 2008. 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 Series B — $30.0M
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First Round
First Round
(10 Jan 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2008 | Amount | Series B - BackOffice | Valuation |
investors |
| 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 BackOffice
BackOffice has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Bridge Growth Partners. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Bridge Growth Partners is engaged in technology business investments.
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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 BackOffice
BackOffice has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CompriseIT & Backoffice Associate, ENTOTA and Headwall Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data migration consultancy services are provided to various clients.
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2010 | ||||
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Software development services are provided to clients in various sectors.
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2010 | ||||
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Data management solutions are provided via an intelligence platform.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BackOffice
| 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 |
Backoffice Comparisons
Competitors of BackOffice
BackOffice 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 Informatica, Egnyte, Nexla, Confluent and Immuta, 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 |
Cloud based enterprise data preparation and management platform
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
An AI-powered platform for data integration and management is developed.
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| domain | founded_year | HQ Location |
Cloud based data streaming analytics and governance platform
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| domain | founded_year | HQ Location |
Cloud-based data security and governance solutions
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| domain | founded_year | HQ Location |
AI and cloud-based platform for enterprise data cataloging is provided.
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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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Latest news on Backoffice
Frequently Asked Questions about BackOffice
When was BackOffice founded?
BackOffice was founded in 1996 and raised its 1st funding round 12 years after it was founded.
Where is BackOffice located?
BackOffice is headquartered in Harwich, United States. It is registered at Harwich, Massachusetts, United States.
Is BackOffice a funded company?
BackOffice is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Jan 10, 2008.
What does BackOffice do?
BackOffice was established in 1996 in Harwich, United States, within the information technology sector. Data migration, management, and governance solutions are offered to organizations. Legacy data from applications such as SharePoint, email, and archives is transferred to cloud platforms using the dsp Migrate product. Capabilities have been expanded through acquisitions of Entota, a SAP-focused migration specialist, and Headwell Software, a software services provider.
Who are the top competitors of BackOffice?
What products or services does BackOffice offer?
BackOffice offers Syniti Knowledge Platform, Data Migration Services, Data Quality Tools, Data Replication, and Master Data Management.
How many acquisitions has BackOffice made?
BackOffice has made 3 acquisitions, including CompriseIT & Backoffice Associate, ENTOTA, and Headwall Software.
Who are BackOffice's investors?
BackOffice has 2 investors. Key investors include Goldman Sachs, and Bridge Growth Partners.
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