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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.
Social
Facebook
Phone Number
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Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Funding Raised
Investors
Ranked
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.

Backd's founders and board of directors

Founder? Claim Profile
The founders of Backd are Xan Myburgh and Michail Myburgh Cfa.
Here are the details of Backd's key team members:

Backd's employee count trend

Backd has 49 employees as of May 26. Here is Backd's employee count trend over the years:
Employee count trend for Backd
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lending Club
Lending Club
2006, San Francisco (United States), Public
P2P marketplace for consumer and business loans
$219M
82/100
2nd
Logo for Fundbox
Fundbox
2013, San Francisco (United States), Series D
AI-based platform for business loans
$734M
76/100
3rd
Logo for OnDeck
OnDeck
2007, New York City (United States), Acquired
Online platform for business loans
$197M
74/100
4th
Logo for Taulia
Taulia
2009, San Francisco (United States), Acquired
AI-based electronic invoicing and supply chain management solution for businesses
$220M
73/100
5th
Logo for 8fig
8fig
2020, Austin (United States), Acquired
Provider of funding solutions for e-commerce businesses
$196M
68/100
6th
Logo for Figure
Figure
2018, San Francisco (United States), Public
Blockchain-based platform for consumer loans
$435M
68/100
7th
Logo for Liquidity Group
Liquidity Group
2018, New York City (United States), Series C
Provider of AI-based solutions for business lending
$120M
66/100
8th
Logo for eCapital
eCapital
2006, Miami (United States), Acquired
Provider of asset-based, supply chain, and invoice financing solutions
$81.9M
66/100
9th
Logo for Hello Alice
Hello Alice
2015, Houston (United States), Series C
Online networking platform for businesses to launch and grow
$43.4M
65/100
10th
Logo for PrimeRevenue
PrimeRevenue
2003, Atlanta (United States), Series C
Provider of supply chain finance solutions optimizing cash flow for buyers and suppliers
$104M
62/100
213th
Logo for Backd
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.

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