# Backstop funding: rounds and investors

> Backstop has raised $20M across 1 round since 2018. Investors include Tao Huang, David Bradley and Roger Kafker. Every round with its source.

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

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

# Who invested in *Backstop*

One round we have observed, with the 4 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.

Fintech

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2018, from 1 source

- **Latest round:** Round, $20M Oct 2018
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2018** Round **$20M** [Tao Huang](https://millionrounds.com/fund/tao-huang) David Bradley Roger Kafker Vistara Reported by Americaninno

## Everyone who backed them

[Tao Huang](https://millionrounds.com/fund/tao-huang) Angel **1** round

David Bradley no record of our own yet **1** round

Roger Kafker no record of our own yet **1** round

Vistara no record of our own yet **1** round

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

## Also claim to have backed them

These 2 firms list Backstop as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[ION Investment Group](https://millionrounds.com/fund/ion-investment-group) Investment firm Per its own site

[Ion Trading](https://millionrounds.com/fund/ion-trading) Corporate VC Per its own site

## Quick answers about Backstop

### Who invested in Backstop?

Backstop's investors include Tao Huang, David Bradley, Roger Kafker and Vistara.

### How much has Backstop raised?

Backstop has raised $20M across 1 round since 2018.

### When did Backstop last raise?

Backstop's most recent round was an Undisclosed round of $20M in Oct 2018.

### What was Backstop's biggest round?

Its most recent round, $20M in Oct 2018, is also its largest on record.

### Who backed Backstop first?

Backstop's first round on record, in Oct 2018, was backed by Tao Huang, David Bradley and Roger Kafker and 1 others.

### What stage is Backstop at?

Backstop's latest named round is an Undisclosed round, in Oct 2018.

### Where is Backstop based?

Backstop is based in the United States.

## Companies like Backstop

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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