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Backed

Backed

Venture Capital

BACKED is the human-centric seed VC fund that has supported over 120 entrepreneurs and 70 companies.

Portfolio

14

companies

Investment by month

By category

  • FinTech£171M
  • AI/ML£59.2M
  • Enterprise Software£28.2M
  • Uncategorised£7.0M
  • LegalTech£5.0M
  • Other£5.1M

By location

  • London£266M
  • Cambridge£5.8M
  • San Francisco£4.3M

Portfolio companies

A

Afrocenchix

Afrocenchix creates non toxic hair care products formulated for Afro hair.

Banked

Banked

Building a next-generation global payment network for consumers and merchants.

B

Borderless

Borderless builds workforce management software for the care sector.

CC

Cloud Capital

Cloud Capital builds financial technology infrastructure to help chief financial officers manage and control cloud expenditure.

C

CoMind

Developing non-invasive optical technology to monitor brain activity and pressure without drilling into the skull.

D

Dataseat

Dataseat provides a demand side platform that enables mobile app advertisers to handle programmatic media buying internally.

View all 14 companies

Team

AB

Alex Brunicki

General Partner

Alex is a founding partner at Backed and holds board roles across several companies including CoSyne Therapeutics, Ruka Hair, and FabricNano.

LinkedIn
Andre de Haes

Andre de Haes

Founder

Andre founded Backed VC and holds board director and angel investor roles across several companies.

LinkedIn

Recent investments

Seed
$6.0M

The seed round was led by Alstin Capital with backing from Backed, Love Ventures, and existing investors.

"Round was started after the founders saw both sides of the problem first-hand. Incumbents were too slow and constrained to evolve, while challengers built powerful but isolated tools. Nothing connected, leaving businesses to manage money across fragmented systems. With AI now able to execute workflows end to end, Round was built to unify it into a single system"
— Pac O'Shea
Seed
£4.3M

Backed Ventures and Middlegame Ventures led the seed round to support the formal launch of the cloud financial control platform.

"Cloud Capital is shifting the dynamic and giving finance leaders the tools to run cloud like any other major investment. Unlike traditional optimization tools, Cloud Capital takes a “100% FinTech” approach to cloud infrastructure, treating it like a financial asset, not just an engineering cost, precisely quantifying and pricing commitment risk based on our proprietary, free-to-use forecasting platform. Other tools help engineers save money. We help CFOs manage risk. We’re building financial infrastructure – a control layer for cloud that gives companies a new way to finance and optimize cloud like any other major investment."
— Spencer Pingry, Co-founder & CTO
Seed
£2.5M

Backed VC led the seed round to support the care workforce management platform.

"We met at Entrepreneur First, where we spent hundreds of hours with care providers who were turning down hundreds of thousands of pounds every year in contracts because they couldn’t find the staff they needed to service them. We realised this was partly because of the time and money they had to spend learning how to stay compliant, often working with expensive third party lawyers and recruiters. We saw how solving those high costs could positively impact the care industry – and that’s why we started Borderless."
— Matthew Bond, Co-Founder