# Backflip funding: rounds and investors

> Backflip has raised $140M across 3 rounds since 2024. Investors include Antler, Andreessen Horowitz and New Enterprise Associates. Every round with its source.

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

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

# Who invested in *Backflip*

3 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advanced Manufacturing AI Art & Design Fintech

Raised 11 months ago

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Funding summary Updated 5 Nov 2026

**$140M** raised across 3 rounds since 2024, from 5 sources

**$30M** Series A **$10M** Venture **$100M** Debt

- **Latest round:** Debt, $100M Dec 2025
- **Step-up i:** 10×
- **Investors:** 9 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$30M** Series A

**$10M** Venture

**$100M** Debt

- **First round:** Series A, $30M
- **Biggest round:** $100M
- **Between rounds:** 10 months

## The rounds

- **Dec 2025** Debt **$100M** *1 returning* [Antler](https://millionrounds.com/fund/antler) Source recorded
- **Nov 2025** Venture **$10M** *4 new* [Antler](https://millionrounds.com/fund/antler) [FirstMark](https://millionrounds.com/fund/firstmark) [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) [Vertical Venture Partners](https://millionrounds.com/fund/vertical-venture-partners) Source recorded
- **Dec 2024** Series A **$30M** *5 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [Kevin Scott](https://millionrounds.com/fund/kevin-scott) [Rich Miner](https://millionrounds.com/fund/rich-miner) [Ashish Vaswani](https://millionrounds.com/fund/ashish-vaswani) Reported by New Enterprise Associates and 2 others

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2024 **Venture** 2025 **Debt** 2025 [Antler](https://millionrounds.com/fund/antler) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) L [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [FirstMark](https://millionrounds.com/fund/firstmark) [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) [Vertical Venture Partners](https://millionrounds.com/fund/vertical-venture-partners) [Kevin Scott](https://millionrounds.com/fund/kevin-scott) [Rich Miner](https://millionrounds.com/fund/rich-miner) [Ashish Vaswani](https://millionrounds.com/fund/ashish-vaswani)

## Everyone who backed them

[Antler](https://millionrounds.com/fund/antler) VC firm **2** rounds

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round, led 1

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round, led 1

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

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

[Vertical Venture Partners](https://millionrounds.com/fund/vertical-venture-partners) VC firm **1** round

[Kevin Scott](https://millionrounds.com/fund/kevin-scott) Angel **1** round

[Rich Miner](https://millionrounds.com/fund/rich-miner) Angel **1** round

[Ashish Vaswani](https://millionrounds.com/fund/ashish-vaswani) VC firm **1** round

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

## Also claim to have backed them

This firm lists Backflip 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.

[Jayesh Parekh](https://millionrounds.com/fund/jayesh-parekh) Angel Per its own site

## Quick answers about Backflip

### Who invested in Backflip?

Backflip's investors include Antler, Andreessen Horowitz, New Enterprise Associates, FirstMark and LiveOak Ventures, and 4 more on record.

### How much has Backflip raised?

Backflip has raised $140M across 3 rounds since 2024.

### When did Backflip last raise?

Backflip's most recent round was a Debt of $100M in Dec 2025.

### What was Backflip's biggest round?

Its most recent round, $100M in Dec 2025, is also its largest on record.

### Who backed Backflip first?

Backflip's first round on record, in Dec 2024, was backed by Andreessen Horowitz, New Enterprise Associates and Kevin Scott and 2 others.

### What stage is Backflip at?

Backflip's latest named round is a Debt, in Dec 2025.

### Where is Backflip based?

Backflip is based in the United States.

### Who led Backflip's rounds?

Andreessen Horowitz led the Series A in 2024.

## Companies like Backflip

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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