When was Backspace Tech founded?

Backspace Tech was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Backspace Tech located?

Backspace Tech is headquartered in Chennai, India. It is registered at 86,3A 3RD FLOOR, POLYHOSE TOWERS MOUNT ROAD GUINDY, CHENNAI, Tamil Nadu, India, 600032.

Who is the current CEO of Backspace Tech?

Praveen Krishna Dev of Backspace Tech. They have also founded 2 companies and are an angel investors in 1 startup.

Which legal entities is Backspace Tech associated with?

Backspace Tech is associated with BACKSPACE TECH INDIA PRIVATE LIMITED.

How many employees does Backspace Tech have?

As of Aug 31, 2025, the latest employee count at Backspace Tech is 15.

Is Backspace Tech a funded company?

Backspace Tech is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jul 13, 2022.

How much is Backspace Tech worth?

The latest valuation of Backspace Tech is ₹***** as of Mar 29, 2023.

When was the latest funding round of Backspace Tech?

Backspace Tech's latest funding was a $***** Seed round on Jul 13, 2022, with participation from 23 investors.

What is the annual revenue of Backspace Tech?

Annual revenue of Backspace Tech is undefined as on Mar 31, 2022.

Where does Backspace Tech rank among its competitors?

Backspace Tech ranks 26th amongst 76 active competitors, of which 9 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Pinch, which secured $5M in Jan, 2026.

Who are the top competitors of Backspace Tech?

Backspace Tech's top competitors include Ravelin Technology, Justt and Chargeback. Among them, Pinch secured the most recent funding round in January, 2026.

Backspace Tech - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of unified dispute management software for payment processing. The platform streamlines chargeback and dispute resolution processes. It offers features such as smart automation, configurable workflows, and real-time tracking. The software integrates with card networks, merchants, and payment service providers. It also provides AI-powered case assignment.

Website: www.backspace.tech/
Social
Email ID: *****@backspace-tech.com
Registered Address: 86,3A 3RD FLOOR, POLYHOSE TOWERS MOUNT ROAD GUINDY, CHENNAI, Tamil Nadu, India, 600032

Key Metrics

Founded Year

2020

Location

Chennai, India

Stage

Seed

Total Funding

$450K in 1 round

Latest Funding Round

Seed, Jul 13, 2022, $*****

Post Money Valuation

₹***** as on Mar 29, 2023

Investors

Swan Dewatering Systems & 25 more

Ranked

26^th among 76 active competitors

Annual Revenue

undefined as on Mar 31, 2022

Employee Count

15 as on Aug 31, 2025

Similar Companies

Ravelin Technology & 100 more

View Backspace Tech's full profile

Backspace Tech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BACKSPACE TECH INDIA PRIVATE LIMITED CIN: U72900TN2020PTC137700 , India, Active	Sep 05, 2020	$0 (As on Mar 31, 2022)	15 (As on Aug 31, 2025)

Backspace Tech has raised a total funding of $450K over 1 round. Its latest funding round was a Seed round on Jul 13, 2022 for $*****. 23 investors participated in its latest round. Backspace Tech has 2 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Backspace Tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 13, 2022	5223385	Seed	9251528	3378528	5150892	9649796

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View details of Backspace Tech's funding rounds and investors

The founders of Backspace Tech are Karthick Sivaram V, Praveen Krishna Dev and Vijayan Vishwanath. Praveen Krishna Dev is the CEO of Backspace Tech.

Here are the details of Backspace Tech's key team members:

Karthick Sivaram V: Co-Founder & CTO of Backspace Tech and founder of 2 other companies, Swan Dewatering Systems and Backspace Tech. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Praveen Krishna Dev: Co-Founder & CEO of Backspace Tech and founder of 2 other companies, Swan Dewatering Systems and Backspace Tech. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Vijayan Vishwanath: Co-Founder & COO of Backspace Tech. They serve on the boards of 2 companies.
Contact Info: 1 email address

View details of Backspace Tech's Founder profiles and Board Members

Backspace Tech's employee count trend

Backspace Tech has 15 employees as of Aug 25. The total employee count is 12.0% lower than what it was in Aug 24. Here is Backspace Tech's employee count trend over the years:

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Top competitors of Backspace Tech include Ravelin Technology, Justt and Chargeback. Here is the list of Top 10 competitors of Backspace Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ravelin Technology 2014, London (United Kingdom), Acquired	Provider of AI-native fraud and abuse prevention solutions for merchants	$37.2M	Amadeus Capital, Passion Capital & 12 others	69/100
2nd	Justt 2020, Israel, Series C	AI-powered chargeback automation and fraud detection platform for online merchants	$100M	Zeev Ventures, Oak HC/FT & 6 others	57/100
3rd	Chargeback 2007, American Fork (United States), Acquired	Cloud based platform for recovering lost merchant revenue in chargebacks	$16.5M	Next Frontier Capital, Next Coast Ventures ... & 7 others	57/100
4th	Ethoca 2005, Toronto (Canada), Acquired	Fraud protection solutions for omnichannel retailers	$45M	Spectrum Equity, Pivot Investment Partners ... & 2 others	55/100
5th	PayTic 2020, Charlottetown (Canada), Seed	Provider of automated payment operations and compliance solutions for businesses	$6.69M	Build Ventures, P1 Ventures & 9 others	54/100
6th	Chargeblast 2023, New York City (United States), Unfunded	Dispute prevention and management platform	-	-	49/100
7th	Accertify 2007, Itasca (United States), Acquired	Fraud prevention tools for businesses	$7.13M	Intel Capital, ForgePoint Capital	46/100
8th	Chargehound 2012, Oakland (United States), Acquired	Provider of a platform that automates chargebacks for merchants	$7.92M	Y Combinator, Quotidian Ventures & 3 others	43/100
9th	Chargebacks911 2011, Clearwater (United States), Unfunded	Chargeback detection and management services	-	-	40/100
10th	Pinch 2018, Los Angeles (United States), Seed	AI-based job matching platform for tech industry	$5M	Dynamo Ventures, Infinity Ventures & 2 others	37/100
26th	Backspace Tech 2020, Chennai (India), Seed	Developer of unified dispute management software for payment processing	$450K	Finana Partner, Swan Dewatering Systems & 24 others	26/100

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Founders (largest shareholder) own 86.74%, Enterprises own 2.33% and Angels own 10.93%. The net worth of Backspace Tech's founders is INR 23.1Cr as of Mar 29, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	86.74%	23.1Cr	6014209	3508020	9324629	2991479
Karthick Sivaram V	9069593	4815781	2441295	3636034	6820236	7246752
Praveen Krishna Dev	3908764	7522378	3486813	6903615	1905915	2700206
Enterprise	2.33%	62.1L	20	32	45	35
Angel	10.93%	2.91Cr	6314355	9595381	6848851	7711495
Total	100.00%	26.6Cr	9275426	5984591	5886727	8890790