# Backer funding: rounds and investors

> Backer has raised $9.5M across 1 round since 2023. Investors include 500 Global, Correlation Ventures and Reach. Every round with its source.

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

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

# Who invested in *Backer*

One round we have observed, with the 6 investors 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

**$9.5M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $9.5M Dec 2023
- **Investors:** 6

See who backed them

## The rounds

- **Dec 2023** Series A **$9.5M** [500 Global](https://millionrounds.com/fund/500-startups) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Reach](https://millionrounds.com/fund/reach) [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) [WndrCo](https://millionrounds.com/fund/wndrco) [Rally Ventures](https://millionrounds.com/fund/rally-ventures) Source recorded

## Founders and team

From Backer's own website: 1 founder, 2 on the team.

**Jordan Lee** Founder & CEO

- **Mathieu Lajugie** Head of Engineering
- **Scott Morrison** Head of Product

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round

[Reach](https://millionrounds.com/fund/reach) VC firm **1** round

[Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) VC firm **1** round

[WndrCo](https://millionrounds.com/fund/wndrco) Private equity **1** round

[Rally Ventures](https://millionrounds.com/fund/rally-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Backer 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.

[Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) VC firm Per its own site

## Quick answers about Backer

### Who invested in Backer?

Backer's investors include 500 Global, Correlation Ventures, Reach, Ulu Ventures and WndrCo, and 1 more on record.

### How much has Backer raised?

Backer has raised $9.5M across 1 round since 2023.

### When did Backer last raise?

Backer's most recent round was a Series A of $9.5M in Dec 2023.

### What was Backer's biggest round?

Its most recent round, $9.5M in Dec 2023, is also its largest on record.

### Who backed Backer first?

Backer's first round on record, in Dec 2023, was backed by 500 Global, Correlation Ventures and Reach and 3 others.

### What stage is Backer at?

Backer's latest named round is a Series A, in Dec 2023.

### Where is Backer based?

Backer is based in the United States.

## Companies like Backer

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)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app