Backed Finance

Financial ServicesSeries AZug, Switzerlandbacked.fi

Latest round

Series A

Last raised

Apr 2024

Total raised

$13M

Investors

10

About Backed Finance

Based in Zug, Switzerland, and founded in 2021 by co-founders Adam Levi, Roberto Klein, and Yehonatan Goldman, Backed Finance operates as a developer of tokenized stocks and tracks the value of real-world assets., SBI Investment, Trammel Venture Partners, Blockchain Capital, Digital Currency Group, G1 Venture Capital, Citadel Advisors, Jane Street Group, LLC, Wintermute Ventures, Tsao Pao Chee, HSG, DRW Venture Capital, Oppenheimer Alternative Investment Management, and Hummingbird Ventures, acquired Backed Finance AG from Gnosis, Semantic Ventures, Stratos Technologies, Exor Seeds, Mindset Ventures, Blockchain Founders Fund, Blue Bay Ventures, Cyber Fund, nonce Classic, and Stake Capital. The acquisition enables Kraken to establish unified rails for tokenized equities and advance open capital markets. Backed Finance develops a platform that hosts a diversified range of backed assets, including Treasury Bonds, High Yield Corporate Bonds, and the Core S&P 500, each represented by specific tokens like bIB01, bIBTA, bHIGH, and bCSPX. Additionally, the company provides both internal and external oracles, enabling access to verified price data on-chain, and enhancing the interoperability of the tokens with DeFi protocols.

Who invested in Backed Finance

10 investors across 4 rounds

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Funding rounds

  1. Series A

    Apr 2, 2024

    Amount

    $9.5M

    Investors

    Locked

  2. Seed

    Jun 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Apr 1, 2022

    Amount

    $3.2M

    Investors

    Locked

  4. Seed

    May 1, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Backed Finance

Who invested in Backed Finance?

Backed Finance has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Backed Finance raised?

Backed Finance has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Backed Finance last raise money?

Backed Finance's most recent round on record is a Series A, in Apr 2024.

What does Backed Finance do?

Based in Zug, Switzerland, and founded in 2021 by co-founders Adam Levi, Roberto Klein, and Yehonatan Goldman, Backed Finance operates as a developer of tokenized stocks and tracks the value of real-world assets.

Where is Backed Finance headquartered?

Backed Finance is headquartered in Zug, Switzerland.

Which VCs invest in companies like Backed Finance?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Backed Finance's stage. Their profiles are linked below.

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