Backpack
Latest round
- Seed
Last raised
- Aug 2014
Total raised
- $0.1M
Investors
- 1
About Backpack
Backpack is a US-based logistics and delivery service dedicated to simplifying global product acquisition.Founded in 2014 in San Francisco, US, Backpack provides logistics solutions for international shipping. The company's founder, Fahim Aziz, along with Andrew Krueger, Emily Dubow, Gianni Iona, Graham Dubow, Sakib Sauro, and Sammy Burt, established it to address challenges in e-commerce.Backpack is a logistics and delivery service focused on simplifying the process of obtaining products from around the world. Their primary offerings include an online platform that facilitates international shipping and tracking of orders, ensuring that customers can easily manage their purchases. The service is designed to address pain points in global e-commerce, such as shipping delays and complicated returns, ultimately enhancing the shopping experience for consumers. Targeting a diverse clientele, Backpack serves individual consumers who seek international products, as well as businesses looking to broaden their market reach.The revenue model of Backpack is structured around a direct-to-consumer sales approach, where customers pay for shipping services and associated product handling fees. Transactions are executed through the company's platform, allowing users to place orders and receive real-time updates on their shipments. This model encompasses various pricing plans, potentially including single shipment fees and subscription options for frequent users, which may offer discounts or enhanced services. Notable offerings include flagship services that capitalize on the company's commitment to reliability and quality, further solidifying its position in the logistics industry. The company is designing new features to improve user experience and is targeting expansion into more regions across Asia and Europe by 2025. Their strategy involves refining logistics processes and possibly launching new services that cater to various customer needs, ensuring they remain competitive in the evolving logistics landscape.
Who invested in Backpack
1 investor across 1 round
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Funding rounds
Seed
Aug 20, 2014
Amount
$0.1M
Investors
Questions about Backpack
Who invested in Backpack?
Backpack has 1 investor 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 Backpack raised?
Backpack has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Backpack last raise money?
Backpack's most recent round on record is a Seed, in Aug 2014.
What does Backpack do?
Backpack is a US-based logistics and delivery service dedicated to simplifying global product acquisition.
Where is Backpack headquartered?
Backpack is headquartered in San Francisco, US.
Which VCs invest in companies like Backpack?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Backpack's stage. Their profiles are linked below.
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