Backer

The simpler, smarter way to 529

San Francisco, United States · Founded 2019 · $17.9M raised

Employees
11–50
Founded
2019
Business Model
B2C
Website
backer.com
Total Funding
$17.9M
Last Round
$9.5M Series ADec 2023
Rounds
2

About

Backer is a fintech platform focused on 529 college savings plans, making education savings simple and accessible. The platform enables families to open tax-advantaged 529 plans, manage unlimited accounts, and invite family and friends to contribute toward a child's education. Backer has helped families avoid over $500 million in student debt.

Summary

Backer is a Fintech company based in San Francisco, United States, founded in 2019. It has raised $17.9M in total across 2 rounds, most recently a $9.5M Series A round in Dec 2023. Investors include WndrCo, Crosslink Capital and Rally Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series ASeries ADec 2023
$9.5M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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