Developer of a banking software designed to empower financial institutions to accelerate their digital transformation and effectively compete in a digital-first world. The company's banking software unifies data and functionality from traditional core systems and new fintech players into a seamless digital customer experience and provides financials the speed and flexibility to create and manage seamless customer experiences across any device and deliver measurable business results, enabling financial institutions to streamline their digital self-service and online sales operations across all digital touchpoints.
2003
Founded
$210.5M
2022 Revenue
YOY
$128M
Funding
Backbase Revenue
In 2022, Backbase revenue run rate hit $210.5M in revenue.
2022
Backbase hit $210.5M in revenue in 2022
2021
Backbase hit $43.7M in revenue in 2021
2003
Backbase launched in 2003 with $0 revenue
Backbase Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Private Equity Round
Backbase raised a Private Equity Round of $128M at a $2.6B valuation in June 2022
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
06/08/2022 | Private Equity Round | $128M | $2.6B |
Team
Backbase has 1451 total employees and 56 sales reps that carry a quota. They have 150 customers an engineering team of 671 and a marketing team of 30
DISTRIBUTION | QTY |
---|---|
Total team size | 1451 |
Engineer | 671(46%) |
Sales | 56(4%) |
Marketing | 30(2%) |
CEO/Founder
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.
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Customers
Backbase has 150 customers.
Lifetime Months
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x
Monthly ARPU
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=
Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Backbase has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Backbase
Monthly Revenue
$17.5M
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
381.61%
=
Rule of 40
382
Backbase Board of Directors
Name | Position |
---|
Backbase Executives
Name | Position |
---|---|
Jouk Pleiter | CEO |
Backbase Employees
Name | Position |
---|---|
Jouk Pleiter | CEO |
Frequently Asked Questions about Backbase
When was Backbase founded?
Backbase was founded in 2003.
How much revenue does Backbase generate?
Backbase generates $210.5M in revenue.
Who is the CEO of Backbase?
The CEO of Backbase is Jouk Pleiter.
How much funding does Backbase have?
Backbase was raised $128M.
How many employees does Backbase have?
Backbase has raised 1451 employees.
Where is Backbase headquarters?
Backbase headquater is at Netherlands