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Backdrop Analysis: $1.7M Raised

What is Backdrop?

Backdrop is a software solution designed for managing expenses in film, TV, and event productions. It streamlines processes such as issuing p-cards, managing petty cash, and handling accounts payable. This approach significantly reduces time spent on traditional systems, enabling faster and more efficient financial management.

HQ Country
New York City, United States
Employees
1-10
Founded
2018
Industry
SaaS, FinTech

Product Features & Capabilities

  • Manage p-cards in real time with instant spend limits
  • Reconcile receipts quickly by uploading files or photos
  • Automate vendor payments by parsing invoices from emails
  • Create and approve purchase orders with three-way matching
  • Track budgets and expenses in real-time.

How much Backdrop raised

Funding Round - $1.70M

February 16, 2022
Lead Investor: Lemniscap, Scalar Capital, Seed Club Ventures, and others.

Financial Overview

$1.7MTotal Raised
Funding Round$1.70M
February 16, 2022
Investors: Lemniscap, Scalar Capital, Seed Club Ventures, and others.
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