# Backflip AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/backflip-ai

- Industry: Software
- Headquarters: Miami, US
- Website: www.backflip.ai/
- Total disclosed funding: $21M
- Latest round: Series A (Oct 31, 2024)
- Investors on record: 2

## About

Based in Florida, US, and founded in 2022 by co-founders Greg Mark (CEO) and David Benhaim (CTO), Backflip AI operates as a provider of AI-powered 3D modeling tools, enabling manufacturers, product developers, and creatives to create physical models from conceptual inputs. In December 2024, Backflip AI raised USD 30 million in Series A funding co-led by Andreessen Horowitz and New Enterprise Associates.

Backflip AI offers a suite of AI-driven 3D design tools, enabling users to transform ideas into physical models with minimal effort. Users can describe their concepts, draw sketches, or upload images, and the AI swiftly generates corresponding 3D models ready for printing in materials such as metal, carbon fiber, or plastic. This service appeals to a diverse clientele, including engineers, designers, and hobbyists, particularly in industries such as manufacturing, aerospace, and product development. Backflip AI's product offerings aim to simplify the design process, making it more accessible and efficient. The company's technology is deployed globally, with users across North America, Europe, Asia, and Australia.

Backflip AI generates revenue through a tiered subscription model offering distinct service levels. These plans include a free option, a USD 9 monthly plan, a USD 99 pro tier, and an enterprise package at USD 999 per month, each catering to different user needs and access levels. For example, the pro tier provides advanced features, while the enterprise package includes comprehensive tools and resources for larger organizations.

The company is targeting expansion into the Asian market, specifically in Japan and South Korea, by the end of 2025.

## Funding rounds

- Series A, Oct 31, 2024, $21M — New Enterprise Associates, Andreessen Horowitz

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A