Backd - About the company
Backd is a funded company based in Austin (United States), founded in 2018 by Xan Myburgh and Michail Myburgh Cfa. It operates as an Online lending platform offering business financing. The company has 579 active competitors, including 41 funded and 25 that have exited. Its top competitors include companies like Lending Club, Fundbox and OnDeck.
Company Details
Online lending platform offering business financing. It offers a platform that enables businesses to apply for loans llke working capital advance, business line of credit, b2b buy now pay later, and more. It enables businesses to maintain cash flow and purchase inventory.
- Website
- www.backd.com/
- Phone Number
- +1 **********
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Funding Raised
Investors
Ranked
213th among 579 active competitors
Employee Count
49 as on May 31, 2026
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Backd's funding and investors
Backd is a funded company. Backd has 1 institutional investor.
View details of Backd's funding rounds and investors
Backd's founders and board of directors
Founder? Claim ProfileThe founders of Backd are Xan Myburgh and Michail Myburgh Cfa.
Here are the details of Backd's key team members:
- Xan Myburgh: Co-Founder of Backd and founder of 1 other company. Contact Info: 2 email addresses
- Michail Myburgh Cfa: Founder and CTO of Backd.
View details of Backd's Founder profiles and Board Members
Backd's employee count trend
Backd has 49 employees as of May 26. Here is Backd's employee count trend over the years:
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Backd's Competitors and alternates
Top competitors of Backd include Lending Club, Fundbox and OnDeck. Here is the list of Top 10 competitors of Backd, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 82/100 | |
2nd | Fundbox 2013, San Francisco (United States), Series D | AI-based platform for business loans | $734M | 76/100 | |
3rd | OnDeck 2007, New York City (United States), Acquired | Online platform for business loans | $197M | 74/100 | |
4th | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
5th | 8fig 2020, Austin (United States), Acquired | Provider of funding solutions for e-commerce businesses | $196M | 68/100 | |
6th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 68/100 | |
7th | Liquidity Group 2018, New York City (United States), Series C | Provider of AI-based solutions for business lending | $120M | 66/100 | |
8th | eCapital 2006, Miami (United States), Acquired | Provider of asset-based, supply chain, and invoice financing solutions | $81.9M | 66/100 | |
9th | Hello Alice 2015, Houston (United States), Series C | Online networking platform for businesses to launch and grow | $43.4M | 65/100 | |
10th | PrimeRevenue 2003, Atlanta (United States), Series C | Provider of supply chain finance solutions optimizing cash flow for buyers and suppliers | $104M | 62/100 | |
213th | Backd 2018, Austin (United States), Funding Raised | Online lending platform offering business financing | - | 21/100 |
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Backd's Investments and acquisitions
Backd has made no investments or acquisitions yet.
News related to Backd
•
FinWise Bancorp Announces Strategic Lending Partnership with BackdGlobeNewswire•Apr 30, 2025•FinWise BanCorp, Backd
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