BackerKit
About this raise
BackerKit, with a valuation of $89 million, is raising funds on Wefunder. It is a creator-centric, rewards-based crowdfunding platform that empowers creators to realise their dreams. BackerKit is driving a new era of growth for creator-led funding and building crowdfunding for fandoms. The business is backed by Y Combinator CEO Garry Tan and Gumroad CEO Sahil Lavingia and has generated $23.7 million in revenues. Maxwell Salzberg and Rosanna Yau founded BackerKit in June 2010. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for product development, marketing, and adding new functionalities and features.
Investment Overview
Deal Terms
- Platform
- Wefunder
- Start Date
- 04/28/2025
- Close Date
- 11/28/2025
$50,000
$5,000,000
$100
SAFE
Growth Stage
RegCF
$89,000,000
Company & Team
Company
- Year Founded
- 2010
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
Financials
-
Revenue
-
$23,695,051
as of FY2024
- Monthly Burn
-
$263,942
as of Jul '24
-
Runway
-
3.7 months
as of Jul '24
- Gross Margin
-
35%
as of FY2024
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $494,944
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/28/2025 | Wefunder | $89,000,000 | Private | SAFE | Active | RegCF |