About Backstop Solutions
Backstop Solutions is a Technology company based in Chicago (United States) founded in 2003. Portfolio management solutions are offered to alternative asset managers. 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. Backstop Solutions has completed 3 acquisitions, including BarclayHedge, Cogency Software and ProTrak. Its website backstopsolutions.com draws about 24 thousand monthly visits. Backstop Solutions offers products and services including Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations. Its focus areas include FinTech, Investment Tech, Private Funds IT and Portfolio Management. Its legal entity is Mergermarket Limited. Its competitors include Nirvana Financial Solutions, CMG and Omega Point; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Chicago, United States
- Employees 210
- SectorsTechnology
- Website category Finance · Investing
- Website backstopsolutions.com
- Social LinkedIn X
- Legal Name Mergermarket Limited
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Series B
Oct 2018
- InvestorsVistara Growth
& 3 more
- Employee Count210
- Investments & AcquisitionsBarclayHedge
& 2 more
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.
System for multi-asset research and team effectiveness.
Software for tracking alternative assets and returns.
Tools for accessing custodial and benchmark data feeds.
Platform for real-time opportunity pipeline insights.
System for personalized investor interactions and trust.
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.
- Total Funding $20M
- Total Rounds 1
- Last Round Series B — $20M
- First Round $20M
(Oct 2018)
- Investors Count 4
All 1 funding rounds of Backstop Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $20M | Series B | – | Vistara Growth |
4 investors in total: 1 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debt and equity solutions are provided to mid-to-late-stage technology companies. | vistaragrowth.com | Vancouver, Canada | ||
TH Tao Huang | unknown_82cf60756feb4a159 | |||
RK Roger Kafker | unknown_bf8188b0ddfb4e908 | |||
DB David Bradley | unknown_2c69ba5c081f41078 |
Investor details for Backstop Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Backstop Solutions
46 people are tracked at Backstop Solutions (9 in leadership, 7 in board & advisors, 30 in team); the tracked headcount is 210.
| Name | Role | Group |
|---|---|---|
Adam Hoit | Chief Product Officer | Leadership |
Ben Crawford Mba | Vp, Head Of Research & Product | Leadership |
Mini Zhao | Sales Director - Hedge Fund/family Office/private Equity & Venture Capital - APAC | Leadership |
Greg Fujii | Chief Operating Officer | Leadership |
Keyur S. | VP, Software Development | Leadership |
Sameer Shangloo | Vp, Head Of Commercial Operations EMEA & APAC | Leadership |
Michael Kurze | Director, Product Management | Leadership |
Samantha Williams | Head Of EMEA Sales | Leadership |
Stephen Wynkoop | Director Of Product - Data And Automation Products | Leadership |
Jj Wilczewski | Advisory Board Member | Board & advisors |
Ana Chapman | Advisory Board Member | Board & advisors |
Dave Habiger | Advisory Board Member | Board & advisors |
Roger Kafker | Advisory Board Member | Board & advisors |
Tao Huang | Advisory Board Member | Board & advisors |
David Bradley | Advisory Board Member | Board & advisors |
Michael Deaddio | Advisory Board Member | Board & advisors |
Marjon Byrne | Sr. Revenue Operations Analyst | Team |
George F. | SDET Manager | Team |
Manju K. | Billing Analyst | Team |
Tetiana Luchka | Software Tester | Team |
26 more people are available in the full profile.
Complete people profiles for Backstop Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
CRM solutions are offered for alternative investment firms. | protrak.com | New York, United States | 1986 | Apr 2021 | •••• | |
Alternative investment performance data and tools are provided to investors. | barclayhedge.com | Ottumwa, United States | 1985 | Dec 2018 | •••• | |
Automated accounting and operations solutions for alternative investments are developed. | cogencysoft.com | Burlingame, United States | 2002 | Jun 2015 | •••• |
Complete acquisition details for Backstop Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Backstop Solutions
5 dated milestones of Backstop Solutions across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Backstop Solutions is founded.
- Acquisition Acquires Cogency Software.
- Funding First funding round of $20.0M.
- Acquisition Acquires BarclayHedge.
- Acquisition Acquires ProTrak.
Competitors of Backstop Solutions
Backstop Solutions has 3 listed competitors in our database, 3 of them funded. They include Nirvana Financial Solutions, CMG and Omega Point.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nirvanasolutions.com | 2006 | New York, United States | $2.02M | 252 | Portfolio Management solution | |
| cmgx.io | 2015 | Chicago, United States | $62.5M | Asset management solutions are provided through a capital markets platform. | ||
| ompnt.com | 2013 | San Francisco, United States | $3.17M | 32 | Analytics Platform for Strategy and Finance Professionals |
Detailed competitors of Backstop Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Backstop Solutions
The website of Backstop Solutions (backstopsolutions.com) receives about 24.1K visits a month and ranks #444,374 among all websites worldwide, #4,530 in Investing.
- Monthly visits24.1K
▼ 26.3% vs previous month
- Unique visitors4K
per month
- Global rank#444,374
among all websites
- Category rank#4,530
Finance · Investing
- Bounce rate20%
- Pages per visit23.5
- Average visit14 min 36 sec
- DevicesDesktop 86% · Mobile 14%
Websites whose visitors overlap most with Backstop Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hedgeworld.com | hedgeworld.com | 100% | – | ||
| opalesque.com | 100% | #1,256,783 | View details | ||
| ssctech.com | 100% | 92.8K | #419,314 | View details | |
finalternatives.com | finalternatives.com | 99% | – | ||
quintillion.ie | quintillion.ie | 97% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 30 similar websites and full traffic analytics for Backstop Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 30 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Backstop Solutions (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Backstop Solutions
Complete news archive for Backstop Solutions
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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. The company's 1st funding round was a Series B of $20M, raised on Oct 2018.
Backstop Solutions has 210 employees.
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, CMG and Omega Point.
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.
Backstop Solutions operates through Mergermarket Limited.