Where is Backpack located?

Backpack is headquartered in New York City, United States.

How many employees does Backpack have?

As of Dec 31, 2024, the latest employee count at Backpack is 7.

Is Backpack a funded company?

Backpack is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Backpack rank among its competitors?

Backpack ranks 97th amongst 143 active competitors, of which 20 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Mattilda, which secured $50M in Sep, 2025.

Who are the top competitors of Backpack?

Backpack's top competitors include Vanco Payment Solutions, LEO 1 and GrayQuest. Among them, Mattilda secured the most recent funding round in September, 2025.

Backpack - 2026 Company Profile & Competitors

Company Details

Provider of digital payment solution for educational institutions and families. It provides automated tuition payment processing and find and pay for laptops, textbooks and more using their 529 college savings.

Key Metrics

Founded Year

2023

Location

New York City, United States

Stage

Unfunded

Ranked

97^th among 143 active competitors

Employee Count

7 as on Dec 31, 2024

Similar Companies

Vanco Payment Solutions & 196 more

View Backpack's full profile

Backpack is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BACKPACK PAYMENT TECHNOLOGIES, INC. CIN: 7164374 , United States, Active	Oct 20, 2023	-	7 (As on Dec 31, 2024)	-

Backpack has not raised any funding rounds yet.

Backpack's employee count trend

Backpack has 7 employees as of Dec 24. Here is Backpack's employee count trend over the years:

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Top competitors of Backpack include Vanco Payment Solutions, LEO 1 and GrayQuest. Here is the list of Top 10 competitors of Backpack, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vanco Payment Solutions 2007, Atlanta (United States), Acquired	Provider of payment processing and financial management software for organizations	$87M	Great Hill Partners	60/100
2nd	LEO 1 2017, Mumbai (India), Series B	Provider of alumni network platform with banking, rewards, and connection features	$34.9M	100Unicorns, PitchRight Ventures & 131 others	57/100
3rd	GrayQuest 2017, Mumbai (India), Series B	Provider of educational financing services through integrated fee collection platform for educational institutions	$19.5M	Pravega Ventures, Sky Impact Capital & 105 others	57/100
4th	zenda 2021, Dubai (United Arab Emirates), Seed	Provider of app-based pay-now and pay-later solutions for students	$9.4M	STV, COTU Ventures & 3 others	57/100
5th	Firstcard 2020, Menlo Park (United States), Seed	Student debit card for banking transactions	$7.7M	Angel List, East Ventures & 3 others	55/100
6th	SchoolPay 2012, Mumbai (India), Unfunded	Simplifying school fee payments for institutions and parents	-	-	53/100
7th	ParentPay 2002, Coventry (United Kingdom), Late Stage	Online payment management system for schools	-	Montagu, Tiger Topco & 13 others	49/100
8th	Mattilda 2022, Mexico City (Mexico), Series A	Online platform providing billing assistance solutions for schools and parents	$29M	FinTech Collective, DILA Capital & 10 others	49/100
9th	Collexo 2021, Gurugram (India), Unfunded	Fee payment collection platform for educational institutions	-	-	48/100
10th	Jodo 2020, Bengaluru (India), Series A	Provider of an automated fee management platform for educational institutions	$19M	Tiger Global Management, Elevation Capital ... & 49 others	48/100
97th	Backpack 2023, New York City (United States), Unfunded	Provider of digital payment solution for educational institutions and families	-	-	19/100