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
*********
-
Website
*********
-
Social
*********
- Legal Name Mergermarket Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$20 M (USD)
in 1 rounds
-
Latest Funding Round
$20 M (USD), Series B
Oct 30, 2018
-
Investors
Vistara Growth
& 3 more
-
Employee Count
210
as on Dec 31, 2022
-
Investments & Acquisitions
BarclayHedge
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
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.
Unlock access to complete
Unlock access to complete
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 Total Funding
- Total Rounds 1
- Last Round Series B — $20.0M
-
First Round
First Round
(30 Oct 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series B - Backstop Solutions | Valuation | Vistara Growth |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Debt and equity solutions are provided to mid-to-late-stage technology companies.
|
Founded Year | Domain | Location | |
|
TH
Tao Huang |
-
|
Founded Year | Domain | Location |
|
RK
Roger Kafker |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
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. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Automated accounting and operations solutions for alternative investments are developed.
|
2002 | ||||
|
CRM solutions are offered for alternative investment firms.
|
1986 | ||||
|
Alternative investment performance data and tools are provided to investors.
|
1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Backstop Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Backstop Solutions Comparisons
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. 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 |
Portfolio Management solution
|
|
| domain | founded_year | HQ Location |
Asset management solutions are provided through a capital markets platform.
|
|
| domain | founded_year | HQ Location |
Credit market data and analytics are provided for investors.
|
|
| domain | founded_year | HQ Location |
Asset performance is managed via data and AI platform.
|
|
| domain | founded_year | HQ Location |
Analytics Platform for Strategy and Finance Professionals
|
|
| domain | founded_year | HQ Location |
Cloud-based portfolio management solutions for private market investors are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Backstop Solutions
Frequently Asked Questions about Backstop Solutions
When was Backstop Solutions founded?
Backstop Solutions was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is Backstop Solutions located?
Backstop Solutions is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Backstop Solutions a funded company?
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 30, 2018.
How many employees does Backstop Solutions have?
As of Dec 31, 2022, the latest employee count at Backstop Solutions is 210.
What does Backstop Solutions do?
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.
Who are the top competitors of Backstop Solutions?
Backstop Solutions's top competitors include Nirvana Financial Solutions, Cognitive Credit and CMG.
What products or services does Backstop Solutions offer?
Backstop Solutions offers Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations.
How many acquisitions has Backstop Solutions made?
Backstop Solutions has made 3 acquisitions, including BarclayHedge, Cogency Software, and ProTrak.
Who are Backstop Solutions's investors?
Backstop Solutions has 4 investors. Key investors include Tao Huang, Roger Kafker, David Bradley, and Vistara Growth.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.