Amount Raised
$17 Million
Round Type
Series A
San BernardinoFinancial ServicesBlockchainCryptocurrencyInvestors
Description
Backpack Exchange has closed a $17 million strategic Series A funding round led by Placeholder VC, with participation from other strategic investors. The new funding round marks a new chapter for the crypto industry according to the founder and CEO, Armani Ferrante.
Quick answer
Backpack Exchange raised $17 Million in a Series A round, dated February 28, 2024. Investors: Delphi Digital, Selini Capital, Jump Crypto, Wintermute, Amber Group, Robot Ventures, Hashed and Placeholder VC. Backpack Exchange is based in San Bernardino, California, United States.
- How much did Backpack Exchange raise?
- Backpack Exchange raised $17 Million in a Series A round on February 28, 2024.
- Who invested in Backpack Exchange?
- Delphi Digital, Selini Capital, Jump Crypto, Wintermute, Amber Group, Robot Ventures, Hashed and Placeholder VC are named as investors in this round.
- What does Backpack Exchange do?
- Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use and compliant trading platform for both experienced and new web3 users worldwide.
- Where is Backpack Exchange based and how big is it?
- Backpack Exchange is based in San Bernardino, California, United States. Fundz records about 53 employees.
- Who are the decision-makers at Backpack Exchange?
- Fundz holds 2 contacts at Backpack Exchange. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Blockchain around the same time
Companies in the same sectors as Backpack Exchange that raised within 45 days of this round, from Fundz verified event records.
- Mayan raised $3M (Seed) on April 11, 2024.
- Stream Trading raised $1.5M (Seed) on April 10, 2024.
- PrismaStake raised $6M (Seed) on April 2, 2024.
- Midas raised $8.8M (Funding Round) on March 28, 2024.
- ML Tech Holdings raised $1M (Seed) on March 28, 2024.
- Bank of Baroda raised $10M (Seed) on March 27, 2024.
Who to call at Backpack Exchange, and when
A new round usually means Backpack Exchange is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Backpack Exchange raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Backpack Exchange, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Backpack Exchange. With Fundz connected, it knows.
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Fundz sees it the moment Backpack Exchange raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansBackpack Exchange 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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