Companies

BackpackSummer 2014Active

New York City · NY, USA; San Francisco, CA, USA · founded 2014 · http://backpackbang.com

Diligence memoA one-page analyst read on Backpack — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 5%
Sector rank · raised
Latest stage · inferred

Backpack: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Marketplace to get stuff from overseas

Shopping? Buy overseas. Traveling? Earn some extra cash. Let backpack help you save that high shipping cost or earn a little extra. Backpack is a peer-to-peer platform that connects travelers and shoppers to give people access to products across markets in all continents. Each backpacker, regardless of their role as a carrier or a shopper, follows a simple four-step process to either earn or save money from their backpacking experience. Travelers share their travel information and specify what kind of items they want to carry. Then they wait to get a "backpack request" and ask their price. Finally, they confirm the deal, buy the items, deliver them and earn money. Shoppers on the other hand, search items from their favorite websites and fill out the item description. Then they give their location and find a traveler coming to their city. Finally they "request backpack" and confirm the deal. Within days they can get the product and save money. backpack is founded with a vision to provide every citizen of the world with a choice; the choice of buying organic, authentic, and cost effective products with minimum friction. Whether the product is state-of-the-art consumer electronics, exotic pashmina from the south-east, or even medication that are rare in some parts of the world and not so rare in others - we promise ourselves to get those products to your doorsteps. We would like to reject the counterfeits, we would like to reject the almost-originals, most importantly, we would like to not pay the heavy expense incurred, most of which we deem to be superfluous. Help us make a better, more original globalized world.

MarketplaceInternational
Find Backpack online

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 8525 companies in this sector. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)
This company
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$14.6M

Raised more than 96% of sector peers (real $). Modeled value above 96% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Backpack is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Tab
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Fintech76%
CURIOCITY Backpackers
South African company.
Hospitality / Travel74%
Jamble
Fashion resale marketplace powered by live streaming and video
Media & Content73%
Udhaar App
We're Khatabook / OkCredit for Pakistan
Fintech73%
Move Loot
Move Loot is the most convenient and economical way to buy and sell…
Ecommerce / Retail73%
Aweh Africa Backpackers
South African company.
Hospitality / Travel73%
Buy Me a Coffee
Helping creators monetize
Fintech73%
Duffel
The complete toolkit to sell travel.
72%
Frequently asked
What does Backpack do and where is it based?
Backpack is a private company, based in New York City, NY, USA; San Francisco, CA, USA. Marketplace to get stuff from overseas
Explore related

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