# Backd funding: rounds and investors

> Backd has raised $25M across 1 round since 2022. Investors include Leo Capital. Every round with its source.

Source: https://millionrounds.com/company/backd (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Backd*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$25M** raised across 1 round since 2022, from 1 source

- **Latest round:** Debt, $25M Apr 2022
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2022** Debt **$25M** [Leo Capital](https://millionrounds.com/fund/leo-capital) Source recorded

## Everyone who backed them

[Leo Capital](https://millionrounds.com/fund/leo-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=backd).

## Also claim to have backed them

This firm lists Backd as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Advanced Blockchain](https://millionrounds.com/fund/advanced-blockchain) Accelerator Per its own site

## Quick answers about Backd

### Who invested in Backd?

Backd's investors include Leo Capital.

### How much has Backd raised?

Backd has raised $25M across 1 round since 2022.

### When did Backd last raise?

Backd's most recent round was a Debt of $25M in Apr 2022.

### What was Backd's biggest round?

Its most recent round, $25M in Apr 2022, is also its largest on record.

### Who backed Backd first?

Backd's first round on record, in Apr 2022, was backed by Leo Capital.

### What stage is Backd at?

Backd's latest named round is a Debt, in Apr 2022.

### Where is Backd based?

Backd is based in the United States.

## Companies like Backd

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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