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Backd Business Funding - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Backd Business Funding including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Backd Business Funding company logo

Backd Business Funding specializes in financial solutions for small and medium-sized business enterprises.

Backd Business Funding provides fast, flexible financing solutions for small and medium-sized businesses, helping entrepreneurs overcome financial challenges.

HeadquartersAustin, Texas, United States
Team size51-100
Founded2018

What is Backd Business Funding? - Company Overview & Details

Backd Business Funding is Backd Business Funding provides fast, flexible financing solutions for small and medium-sized businesses, helping entrepreneurs overcome financial challenges. Founded in 2018, the company is headquartered in Austin, Texas, United States.

Who Founded Backd Business Funding?

Backd Business Funding was founded by Xan Myburgh.

Who are the Key Executives at Backd Business Funding? - Leadership Team

Backd Business Funding is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Backd Business Funding

Xan MyburghCEO

Chief Technology Officer (CTO) of Backd Business Funding

CTO

About Xan Myburgh - CEO of Backd Business Funding

Xan Myburgh serves as the Chief Executive Officer of Backd Business Funding, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Backd Business Funding Company Details & Key Information

Where is Backd Business Funding located?

Backd Business Funding is headquartered in Austin, Texas, United States.

How many employees does Backd Business Funding have?

Backd Business Funding has 51-100 employees.

When was Backd Business Funding founded?

Backd Business Funding was founded in 2018.

Backd Business Funding Official Website

How much funding has Backd Business Funding raised?

Backd Business Funding has raised $25 million across 4 funding rounds. The most recent funding was completed on 2022-05-05.

Funding Overview

Backd Business Funding has raised $25 million in debt financing to expand its lending capabilities for small and medium-sized businesses.

$25 million
Total Funding Raised
4
Funding Rounds
2022-05-05
Latest Round

Backd Business Funding Funding History

Debt financing
2022-05-05
$25 million

Who are the key investors in Backd Business Funding?

Backd Business Funding is backed by 1 key investors including Fortress Investment Group. These investors focus on Financial Services, Lending sectors.

Backd Business Funding Investor Overview

1
Key Investors
2
Focus Areas
1
Notable Investments

Complete List of Backd Business Funding Investors

Fortress Investment Group

An investment management firm providing capital solutions.

Investment Focus
Financial Services
Lending
Notable Portfolio Companies
Various fintech startups

What sectors do Backd Business Funding investors focus on?

The investors backing Backd Business Funding primarily focus on Financial Services, Lending sectors.

Financial Services
Lending

Featured Investor: Fortress Investment Group

Fortress Investment Group

An investment management firm providing capital solutions.

Notable Investments: Various fintech startups

What are Backd Business Funding's future plans?

Backd Business Funding Continue scaling and growing the business by leveraging new partnerships.

Backd Business Funding Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Backd Business Funding face?

Backd Business Funding has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Backd Business Funding

1

Market competition

2

Regulatory compliance

What opportunities does Backd Business Funding have?

Backd Business Funding has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Backd Business Funding

1

Expanding services to more SMB sectors

2

Partnerships with financial institutions

Backd Business Funding Strategic Position Summary

Key Focus Areas

Backd Business Funding is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Backd Business Funding?

Backd Business Funding has 2 recent news updates covering key business developments and market activities.

Backd Business Funding News Overview

2
Recent Articles
Active
Media Coverage
2025-04-29
Latest Update

What is Backd Business Funding in the news for?

Backd Business Funding is currently featured in news for FinWise Bank partners with GetBackd. and other significant business developments.

Recent News Articles About Backd Business Funding

Article 1
2025-04-29

FinWise Bank partners with GetBackd.

FinWise Bancorp announces a strategic lending program with Backd to benefit small and medium-sized businesses.

globenewswire.com
Read News
Article 2
2022-12-14

GetBackd received financing of $3.5M in funding round on Dec 15th '22.

GetBackd secured over $3.5 million in its latest funding round to enhance its service offerings.

medium.com
Read News

Backd Business Funding FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Backd Business Funding including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Backd Business Funding Questions & Answers - Company Information

Q1

What is Backd Business Funding?

Backd Business Funding provides fast, flexible financing solutions for small and medium-sized businesses, helping entrepreneurs overcome financial challenges.

Q2

Who founded Backd Business Funding?

Backd Business Funding was founded by Xan Myburgh.

Q3

Who is the CEO of Backd Business Funding?

The CEO of Backd Business Funding is Xan Myburgh. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Backd Business Funding raised?

Backd Business Funding has raised a total of $$25 million across 4 funding rounds. The most recent funding was completed on 2022-05-05.

Q5

Who are the investors in Backd Business Funding?

Backd Business Funding's key investors include Fortress Investment Group.

Q6

Where is Backd Business Funding headquartered?

Backd Business Funding is headquartered in Austin, Texas, United States.

Q7

When was Backd Business Funding founded?

Backd Business Funding was founded in 2018.

Q8

How many employees does Backd Business Funding have?

Backd Business Funding has 51-100 employees.

Q9

What is Backd Business Funding's official website?

You can visit Backd Business Funding's official website at http://www.backd.com.

Q10

What was Backd Business Funding's latest funding round?

Backd Business Funding's latest funding round was a Debt financing round of $$25 million completed on 2022-05-05.

Q11

Who is founder?

Xan Myburgh

Q12

What does the company do?

Backd Business Funding provides fast, flexible financing solutions for small and medium-sized businesses.

Q13

How much funding?

$25 million

Q14

Latest funding date?

2022-05-05

Q15

Who are the investors?

Fortress Investment Group

Q16

What are the challenges?

Market competition Regulatory compliance

Q17

What are the opportunities?

Expanding services to more SMB sectors Partnerships with financial institutions

Q18

Latest news?

FinWise Bancorp announces a strategic lending program with Backd to benefit small and medium-sized businesses. GetBackd secured over $3.5 million in its latest funding round to enhance its service offerings.

More Information About Backd Business Funding

For additional details about Backd Business Funding, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.