Backbone Software
Latest round
- Seed
Last raised
- Apr 2022
Total raised
- $14M
Investors
- 2
About Backbone Software
Backbone Software, Inc.Founded in 2017, Backbone Software, Inc. is headquartered in San Francisco, US. The company focuses on software solutions for regulated industries. Vic Patil, the founder, has a history in tech entrepreneurship.Backbone provides a comprehensive software solution specifically designed for operators in regulated industries, particularly in the cannabis and hemp sectors. Their core offerings include supply chain tracking, compliance management, financial integrations, productivity enhancements, and customization capabilities. The software allows users to visualize and automate their unique supply chain processes, thereby facilitating data-driven decision-making and improving operational efficiency. Backbone’s platform is aimed at helping teams manage compliance through a full lineage chain-of-custody, ensuring they are audit-ready while maintaining high-quality standards.Backbone generates revenue primarily through a subscription-based model, wherein clients pay for access to the platform based on their operational needs. This structure allows businesses to customize their engagement with Backbone by selecting specific modules or features tailored to their supply chain management requirements. Transactions typically involve direct B2B relationships, where clients ranging from small operators to larger enterprises utilize Backbone’s software for supply chain optimization, compliance management, and financial tracking. The offerings also include integration with other software and hardware systems, enhancing the overall value proposition for clients. plans to use the investment to accelerate its expansion into agriculture, hemp, and pharmaceuticals. The company aims to develop new software products tailored to these sectors. Specific geographical expansion plans have not been detailed.
Who invested in Backbone Software
2 investors across 1 round
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Funding rounds
Seed
Apr 14, 2022
Amount
$14M
Investors
Questions about Backbone Software
Who invested in Backbone Software?
Backbone Software has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Backbone Software raised?
Backbone Software has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Backbone Software last raise money?
Backbone Software's most recent round on record is a Seed, in Apr 2022.
What does Backbone Software do?
Backbone Software is a software company.
Where is Backbone Software headquartered?
Backbone Software is headquartered in San Francisco, US.
Which VCs invest in companies like Backbone Software?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Backbone Software's stage. Their profiles are linked below.
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