Backbaserevenue, valuation & funding
Application Development SoftwareAmsterdam, NetherlandsFounded 2003CEO Jouk Pleiter
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.
Backbase revenue
Backbase's annual revenue was $200M in June 2022 (TechCrunch), the most recent figure on record. That is up 358% from $43.7M a year earlier.
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $43.7M | – |
| Jun 2022 | $200M | TechCrunch |
| Jun 2022 | $210.5M | – |
| Nov 2023 | $246.9MEST. | GetLatka estimate |
| Oct 2024 | $345.5MEST. | GetLatka estimate |
– source not recorded
Backbase valuation
Backbase is privately held, so there is no Backbase stock to buy. Investors valued it at $2.6B in its June 2022 Series A.
Backbase funding rounds & investors
Backbase has raised $128M in one round: a Series A in June 2022.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Jun 2022 | Series A | $128M | $2.6B | TechCrunch |
| Total raised | $128M |
Backbase competitors
Backbase competes most directly with Mambu, nCino and Thought Machine.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Mambu | $220M | $660.1M | 767 | 6K | 2011 |
| Backbase | $200M | $128M | 2,135 | 150 | 2003 |
 nCino | $183.6M | $213.3M | 1,669 | 1.2K | 2012 |
 Thought Machine | $75M | $150M | 530 | 68 | 2014 |
Backbase CEO & employees
Jouk Pleiter is CEO of Backbase. Backbase has 2,135 employees (November 2025, LinkedIn).
- Jouk PleiterCEO
- Joost MookChief Commercial Officer
- Rodrigo MouraChief Financial Officer
- Riddhi DuttaVice President
- Jeroen GruijtersVP Operations Customer Success
- Marco SantarelliVP of Engineering
Also at BackbaseRolando Jessurun, Tim Rutten
All 9 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 2,135 | |
| Mar 2024 | 1,797 | Latka Top 250 List |
| Nov 2023 | 1,742 | – |
| Jul 2023 | 1,001 | – |
| Nov 2022 | 1,451 | – |
| Jun 2022 | 1,451 | – |
| Nov 2021 | 897 | – |
| Apr 2021 | 897 | – |
| Nov 2020 | 847 | – |
Backbase FAQ
How much money does Backbase make?
The most recent figure is $200M in annual revenue, from June 2022.
How much is Backbase worth?
Companies don't publish a net worth. The closest figure is Backbase's valuation: $2.6B, set in Jun 2022.
Who owns Backbase?
Backbase is privately held by its founders, employees and investors.
Is Backbase publicly traded?
No. Backbase is a private company, so its shares are not listed on a stock exchange.
How much funding has Backbase raised?
$128M across 1 round; the latest was a $128M Series A in June 2022.
Who is the CEO of Backbase?
Jouk Pleiter.
How many employees does Backbase have?
About 2,135 as of November 2025 (LinkedIn).
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 3, 2026Data disclaimerReport a correctionClaim this profileRun Backbase? Join the podcast