Backstartup

company

About

SwaS (Software with a services) that automates and replaces the accountant for Latin Americas SMBs

  • 51 - 100

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$65K
Industries
Accounting,Financial Services,Small and Medium Businesses,Software
Founded date
Sep 8, 2014
Number Of Employee
51 - 100
Operating Status
Active

At Backstartup we want to reinvent the relationship of small businesses with their accounting and finances, and for this reason we've decided to reinvent the Accountant. Our SwaS, completely replaces the Accountant in Small Business, providing them with reports, taxes and financial statements month to month though our online platform.

We eliminate manual tasks and human errors by using accounting automation bots and bank integrations and assign our customers a virtual administrative support team that accompanies them to guarantee a comprehensive service experience.

We are pioneers in Latin America, where paper culture is highly entrenched, in moving traditional offline behaviors to a 100% online experience.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.26M
Backstartup has raised a total of $1.26M in funding over 2 rounds. Their latest funding was raised on Feb 17, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 17, 2021 Seed $1.20M 1 Detail
Jul 15, 2016 Pre-seed $65K 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Backstartup is funded by 2 investors. Labcap and 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
Labcap Seed
500 Global Pre-seed