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Valuation

$2.7B

2024 Revenue

$345.5M(Est.)

Customers

150

Funding

$128M

Avg ACV

$2.3M

Team · 2025

2.1K

Founded

2003

Backbase Revenue, Valuation & Funding (2024)

Backbase built the AI-native Banking OS - the operating system that turns fragmented banking operations into a Unified Frontline. The Banking OS sits above systems of record and coordinates execution across customers, employees, and AI agents. 120+ leading banks run on Backbase across Retail, SMB & Commercial, Private Banking, and Wealth Management. Founded in 2003 by Jouk Pleiter and headquartered in Amsterdam.

Last updated

Backbase Revenue

In 2024, Backbase's revenue reached $345.5M. The company previously reported $246.9M in 2023. Since its launch in 2003, Backbase has shown consistent revenue growth.

Backbase Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$75M$150M$225M$300M$375M200320052007200920112013201520172019202120232024$0$43.7M$345.5MSource: GetLatka.com
YearMilestoneSource
2024Backbase Hit $345.5m revenue in October 2024Estimated
2023Backbase Hit $246.9m revenue in November 2023Estimated
2022Backbase Hit $210.5m revenue in November 2022
2021Backbase Hit $43.7m revenue in November 2021
2003Launched with $0 revenue

Backbase Valuation, Funding Rounds

Backbase reached a $2.7B valuation in 2022, set during its Private Equity Round round.

Backbase has raised $128M in total funding across 1 round, most recently a $128M Private Equity Round round in 2022.

Backbase Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$600M$30M$1.2B$60M$1.8B$90M$2.4B$120M$3B$150M20032005200720092011201320152017201920212022$2.6BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Private Equity Round$128M$2.6B5%

Founders

Jouk Pleiter

CEO

Jouk Pleiter is CEO and co-founder of Backbase, the creator of the Omni-channel Digital Banking Platform. Backbase was founded in 2003 and is privately funded with operations in New York, Atlanta, Amsterdam, and London. Before Backbase, Mr. Pleiter was president and co-founder of Tridion, one of the world’s leading WCM software vendors, later acquired by SDL and renamed SDL Tridion. Before Tridion, Mr. Pleiter co-founded Twinspark Consultancy, one of the first interactive web agencies in the Netherlands. Mr. Pleiter holds a Master of Business Administration degree from the University of Groningen.

Riddhi Dutta

Vice President

Riddhi Dutta is listed as Vice President at Backbase.

Tim Rutten

EVP Chief of Staff

Tim Rutten is listed as EVP Chief of Staff at Backbase.

Rodrigo Moura

Chief Financial Officer

Rodrigo Moura is listed as Chief Financial Officer at Backbase.

Jeroen Gruijters

VP Operations Customer Success

Jeroen Gruijters is listed as VP Operations Customer Success at Backbase.

Marco Santarelli

VP of Engineering

Marco Santarelli is listed as VP of Engineering at Backbase.

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Customers

Backbase serves 150 customers.

Backbase Employees & Team Size

Backbase employs approximately 2.1K people as of 2026, up from 1.8K in 2024, including 56 sales reps that carry a quota. It serves 150 customers that rely on its solutions.

Backbase Team GrowthReported headcount over time05001,0001,5002,0002,500200320052007200920112013201520172019202120232025002,1352,135Source: GetLatka.com
YearMilestoneSource
2025Reached 2.1K employees (November 2025)
2024Reached 1.8K employees (March 2024)
2023Reached 1.7K employees (November 2023)
2023Reached 1K employees (July 2023)
2022Reached 1.5K employees (November 2022)
2022Reached 1.5K employees (June 2022)
2021Reached 897 employees (November 2021)
2021Reached 897 employees (April 2021)
2020Reached 847 employees (November 2020)

Frequently Asked Questions about Backbase

What is Backbase's revenue?

Backbase generates an estimated $345.5M in annual revenue.

Who is the CEO of Backbase?

The CEO of Backbase is Jouk Pleiter.

How much funding does Backbase have?

Backbase raised $128M across 1 round.

How many employees does Backbase have?

Backbase has 2.1K employees.

Where is Backbase headquarters?

Backbase is headquartered in Amsterdam, Netherlands.

Compare Backbase to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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