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BACKED
company
About
Backed is a US-based online lending platform, securely enabling borrowers an easier access to a fair loan.
- 11 - 50
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $1.50M
- Industries
- Credit,Financial Services,FinTech,Internet
- Founded date
- Nov 1, 2014
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Based in Lincolnshire, U.S., Backed is an online lending platform that enables users to add a co-signer to their loan application in order to ensure a lower interest rate. Its platform appeals to all borrower demographics with reduced risk of default. The company offers 1-to-3-year personal loans for diverse purposes ranging from consolidate debts and career investments to travel and wedding loans. They range from $3,000 to $25,000 at APRs starting at 2.9%. Founded in November 2014, backed operates as a B2C company.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$1.50M
BACKED has raised a total of
$1.50M
in funding over 2 rounds. Their latest funding was raised on
Dec 8, 2015 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 8, 2015 | Seed | $1.50M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
BACKED is funded by 1 investors.
Cyhawk Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Cyhawk Ventures
|
— | Seed |
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