Backbase Raises Its First Funding, $128M At A $2.6B Valuation, For Tools That Help Banks With Engagement
Amount Raised
$128 Million
Round Type
Funding Round
AmsterdamInformation TechnologyFinancial ServicesMobileDescription
Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. Today, one of the companies helping those larger banks with that task is announcing a big round of funding to double down on that opportunity.
Quick answer
Backbase raised $128 Million in a Funding Round round, dated June 9, 2022. Backbase is based in Amsterdam, North Holland, Netherlands.
- How much did Backbase raise?
- Backbase raised $128 Million in a Funding Round round on June 9, 2022.
- What does Backbase do?
- The funds — coming from a single investor, Motive Partners — values Backbase at €2.5 billion ($2.6 billion).
- Where is Backbase based and how big is it?
- Backbase is based in Amsterdam, North Holland, Netherlands.
- Who are the decision-makers at Backbase?
- Fundz holds 1 contact at Backbase. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Mobile around the same time
Companies in the same sectors as Backbase that raised within 45 days of this round, from Fundz verified event records.
- Residently raised $5.9M (Funding Round) on July 21, 2022.
- Iris Technology, Inc. raised $3M (Seed) on July 20, 2022.
- Avant raised $250M (Funding Round) on July 14, 2022.
- Crescent raised $5M (Pre-Seed) on July 5, 2022.
- Yap raised $41M (Funding Round) on July 4, 2022.
- Kafene, Inc. raised $14M on May 26, 2022.
Who to call at Backbase, and when
A new round usually means Backbase is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Backbase raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Backbase, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Backbase. With Fundz connected, it knows.
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Fundz sees it the moment Backbase raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Backbase raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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