Backstop Solutions

Chicago, United States Founded: 2003 • Age: 23 yrs
Portfolio management solutions are offered to alternative asset managers.
Annual revenue - Latest available
Total funding $20.0M 1 rounds
Employees 210 Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Backstop Solutions

Backstop Solutions is a company based in Chicago (United States) founded in 2003. Backstop Solutions has raised $20 million across 1 funding round from investors including Tao Huang, Roger Kafker and David Bradley. The company has 210 employees as of December 31, 2022. Backstop Solutions has completed 3 acquisitions, including BarclayHedge, Cogency Software and ProTrak. Backstop Solutions offers products and services including Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations. Backstop Solutions operates in a competitive market with competitors including Nirvana Financial Solutions, CMG, Cognitive Credit, TruBoard Partners and Omega Point, among others.

  • Headquarter Chicago, United States
  • Employees 210 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Mergermarket Limited
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
    $20 M (USD)

    in 1 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Oct 30, 2018

  • Investors
  • Employee Count
    210

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Backstop Solutions

Backstop Solutions offers a comprehensive portfolio of products and services, including Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations.

Product name locked
Category locked
Primary

System for multi-asset research and team effectiveness.

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Software for tracking alternative assets and returns.

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Tools for accessing custodial and benchmark data feeds.

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Platform for real-time opportunity pipeline insights.

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System for personalized investor interactions and trust.

People of Backstop Solutions

Headcount 50-200
Employee Profiles 39
Board Members and Advisors 7
Employee Profiles
People
Adam Hoit
Chief Product Officer
People
Marjon Byrne
Sr. Revenue Operations Analyst
People
George F.
SDET Manager
People
Manju K.
Billing Analyst

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Board Members and Advisors
people
Jj Wilczewski
Advisory Board Member
people
Ana Chapman
Advisory Board Member
people
Dave Habiger
Advisory Board Member
people
Roger Kafker
Advisory Board Member

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Funding Insights of Backstop Solutions

Backstop Solutions has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in October 2018. 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 Backstop Solutions

Backstop Solutions has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Tao Huang, Roger Kafker and David Bradley.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Debt and equity solutions are provided to mid-to-late-stage technology companies.
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Tao Huang

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Roger Kafker

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Investor details for Backstop Solutions

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Backstop Solutions

Backstop Solutions has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BarclayHedge, Cogency Software and ProTrak.

Investments
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Investment portfolio details for Backstop Solutions

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Automated accounting and operations solutions for alternative investments are developed.
Locked Locked 2002 Locked
CRM solutions are offered for alternative investment firms.
Locked Locked 1986 Locked
Alternative investment performance data and tools are provided to investors.
Locked Locked 1985 Locked
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Complete acquisition details for Backstop Solutions

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  • Domains and locations

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Financial Statements - Backstop Solutions

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Detailed financials for Backstop Solutions

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Backstop Solutions Comparisons

Backstop Solutions Primary company
Description
Portfolio management solutions are offered to alternative as...
Location
Chicago, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
210
As of 2022
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Peer comparison for Backstop Solutions

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Competitors of Backstop Solutions

Backstop Solutions 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 Nirvana Financial Solutions, CMG, Cognitive Credit, TruBoard Partners and Omega Point, among others.

Company Name Domain Founded year HQ Location Description
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Portfolio Management solution
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Asset management solutions are provided through a capital markets platform.
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Credit market data and analytics are provided for investors.
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Asset performance is managed via data and AI platform.
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Analytics Platform for Strategy and Finance Professionals
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Cloud-based portfolio management solutions for private market investors are offered.
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Detailed competitors of Backstop Solutions

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  • Full company profiles
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Latest news on Backstop Solutions

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Complete news archive for Backstop Solutions

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Backstop Solutions

Backstop Solutions was founded in 2003 and raised its 1st funding round 15 years after it was founded.

Backstop Solutions is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Backstop Solutions is a funded company, having raised a total of $20M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Backstop Solutions is 210.

Backstop Solutions was founded in 2003 and is headquartered in Chicago, United States. Cloud-based software is provided for alternative asset managers, including hedge funds, endowments, and family offices. Services encompass customer engagement, investor relations management, fund of funds portfolio oversight, accounting functions, and related operations within the financial technology sector.

Backstop Solutions's top competitors include Nirvana Financial Solutions, Cognitive Credit and CMG.

Backstop Solutions offers Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations.

Backstop Solutions has made 3 acquisitions, including BarclayHedge, Cogency Software, and ProTrak.

Backstop Solutions has 4 investors. Key investors include Tao Huang, Roger Kafker, David Bradley, and Vistara Growth.

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