Backwards Capital — Full Portfolio

Agentio is an AI infrastructure platform that enables brands to buy creator media at scale.

AdTechAI & Machine LearningCreator EconomyMarketing TechNew York, US

Arthur Leopold(Co-Founder and CEO)inJonathan Meyers(Co-Founder and CTO)in

BoardSarah Tavel(Benchmark director)inEurie Kim(Forerunner managing partner / Series B investor)

Co-investorsAlleyCorpAntlerAntler AustraliaCraft VenturesForerunner VenturesProtagonist+2 more

San Francisco, US

Gauthier Le Meur(Founder)Austin Diamond(Founder)in

Co-investorsFJ LabsKube VCSprint Vc

Alt operates an online marketplace and exchange for trading collectible cards, including sports cards and Pokémon cards, through auctions and fixed-price sales.

ConsumerFintechMarketplacesSan Francisco, US

Leore Avidar(Founder)

Co-investorsBoxGroupBreyer CapitalChapter OneHyperguapGTMfund

Babylon is a digital health company that develops prescription medications and treatments for specific health conditions.

Digital HealthHealthtechMedical Devices

BoardMichelle Arkin(PhD)

Co-investorsK5 GlobalLaunch HouseLong Journey VenturesMetaplaneta16z cryptoParadigm

Bachan's makes Japanese barbecue and dipping sauces based on a family recipe, using simple non-GMO ingredients.

ConsumerDirect to ConsumerFoodTechSebastopol, US

Justin Gill(Executive Officer, Director)

Co-investorsSonoma Brands Capital

Aviato provides a database of people and company intelligence data, including employee details, compensation information, vesting schedules, and company metrics.

Data & InfrastructureEnterprise SoftwareSales Tech

Eric Zhu(Founder)inKonrad Kucharski(Founder)in

Co-investorsD1 VenturesDorm RoomGround Game VenturesSnow Leopard Technology Ventures8VCCerraCap+1 more

A platform enabling renters to become homeowners and property owners to generate passive income through residential real estate.

AI & Machine LearningPropTech

Co-investorsAndreessen HorowitzBattery VenturesFifth WallNotable CapitalElevation CapitalJ17 Capital+3 more

Co-investorsModerne Ventures75 & Sunny

Cloverly provides Catalyst, a commercial operating system for carbon credit project developers to manage inventory, pricing, sales, and delivery and to reach sales channels and buyers from one system.

CleantechClimate TechSaaSAtlanta, US

Jason Rubottom(Executive Officer, Director)James Heath(Director)

BoardAnthony Oni(Director)Vasant Kamath(Director)inMike Dowdle(Director)in

Co-investorsCircadian VenturesCreativeCoKnoll VenturesMission One CapitalNew Climate VenturesOpen Opportunity Fund+6 more

Conduit builds an AI platform ("CoPilot") for B2B wholesale distributors and suppliers that integrates ERP, WMS, OMS, CRM, and pricing systems into a unified data layer.

AI & Machine LearningB2B MarketplacesSales Tech

Rohan Shah(Cofounder)

Co-investorsGood Friends

dub is a copy-trading platform that allows retail investors to automatically follow the trades of selected investor creators.

FintechSaaS

Steven Wang(Chief Executive Officer, Founder)inBrett Chereskin(Chief Operating Officer)Justin Reich(Chief Technology Officer)

Co-investorsCorrelation VenturesDorm RoomGraph VenturesNotable CapitalScribble VenturesSlow Ventures+2 more

Editframe is a developer platform that lets AI agents create videos by writing declarative compositions in HTML and CSS, rendering them in the browser, CLI, or cloud.

AI & Machine LearningDeveloper ToolsMedia & EntertainmentNew York, US

Jeremy Yudkin(Executive Officer, Director)James Bryce Jackson(Executive Officer, Director)

Cofounder is an AI-powered platform that provides agentic departments for early-stage founders, automating engineering, sales, marketing, design, finance, and operations tasks.

AI & Machine LearningFuture of WorkSaaS

Co-investorsUnion Square Ventures (USV)A16Z SpeedrunAcrew CapitalAntigravity CapitalCompoundPrecursor Ventures+1 more

Ghost builds dedicated consumer hardware and software for running personal AI agents on infrastructure the user owns, rather than on cloud providers.

AI & Machine LearningConsumerHardware

Co-investorsAudaciousEqual VenturesCathay InnovationL CattertonUnion Square Ventures (USV)

Hanover Park is an AI-native fund administrator that combines automated services with software for investment firms, handling tasks such as bill processing, evidence collection, investment updates, LP responses, and KPI reconciliation.

AI & Machine LearningFintechSaaSNew York City, US

Chris Hladczuk(Founder)

Co-investorsHarpoon VenturesSteel AtlasBanana CapitalSusa Ventures

Hyper builds AI agents for corporate finance teams, including a travel-and-expense agent that files and adjudicates expenses, an FP&A agent that forecasts and runs scenario analyses, and a travel agent that books and validates corporate trips.

AI & Machine LearningFintechSaaS

Co-investorsGood Friends

Indify is a platform that connects emerging music artists with industry partners for record deals and collaborations, offering matchmaking, warm introductions, and a research and analytics platform.

Data & InfrastructureMarketplacesMedia & EntertainmentScarsdale, US

Keshav Garg(CEO)

Co-investorsNotation CapitalRSE VenturesTIA Ventures

Intelas offers an AI and machine learning platform that collects, standardizes, and analyzes real estate property data from portfolio managers, consolidating it into a single system with document parsing, variance analysis, and reporting dashboards.

AI & Machine LearningPropTechSaaS

Co-investorsInnovating Capital

Co-investorsCollab+CurrencyParaFi Capital

KikiTora is a markerless motion capture technology that extracts high-fidelity 3D performance data from any RGB or grayscale video, capturing full-body movement, facial expressions, hand gestures, camera data, and props without specialized equipment.

AI & Machine LearningDeep TechMedia & EntertainmentSan Francisco, US

Astrid Wilde(Executive Officer, Director)

Co-investorsHeartfelt Capital

Co-investorsFour Acres CapitalMozilla VenturesTq Ventures Llc

Wander operates a network of vacation rental homes that come with amenities such as fast WiFi, gyms, and pools, along with cleaning teams and on-call support.

MarketplacesPropTechTravel & Hospitality

Co-investorsActivant CapitalAdapt VenturesAdvection Growth CapitalAntiAUTHENTIC VENTURESCapital Factory+7 more

Madhappy is an apparel brand selling clothing through its own retail stores and online shop.

ConsumerDirect to ConsumerE-commerceWest Hollywood, US

Melius is an AI creative platform where users brief an agent called Mel and steer multimodal image and video models on a single canvas to produce creative outputs such as concept boards, storyboards, ad variants, product shots, and marketing graphics.

AI & Machine LearningCreator EconomyMarketing Tech

MILE is a membership-based mobile app offering curated collections of luxury designer products, including decades of archive pieces, at discounted prices sourced from brands and their retail partners.

ConsumerE-commerceMarketplaces

Montra is an AI platform that generates video and static ads from a brand's existing store assets, pulling products, images, and branding from connected Shopify or WooCommerce stores.

AdTechAI & Machine LearningMarketing Tech

Co-investorsArdent Venture

Nema Systems builds an AI agent for safety and compliance engineering that analyzes hazards, requirements, and defects across tools like Jira and Jama.

AI & Machine LearningDeep TechEnterprise Software

Nucleus provides genetic testing and analysis for couples planning pregnancy, screening for over 200 hereditary diseases, traits, and health conditions.

Digital HealthLongevityMedical Devices

Dr. Nathan Treff

Co-investorsKube VCSamsung NextSnatched VenturesBalaji Srinivasan

NxLite develops sustainable coatings and glazing solutions for building windows and glass to improve energy efficiency and reduce heating/cooling energy loss.

CleantechConstruction TechNew MaterialsToronto, CA

David Matherin

Co-investorsACT Venture PartnersCreative VenturesEarth FoundryEnergy FoundryNew Climate VenturesTop Corner Capital+1 more

Omen provides continuous fluid analysis sensors that monitor the health of critical hardware in real time, detecting equipment failures before they occur across data centers and industrial machinery.

Deep TechEnterprise SoftwareIoT

Daniel Jeong(Founder)in

Co-investors640 OxfordCRV (Charles River Ventures)LMNT VenturesNava Ventures

Order.co is an AI-powered platform that automates procurement, accounts payable, and spend management for businesses.

AI & Machine LearningEnterprise SoftwareSaaSNew York City, US

Zachary Garippa(Founder)inMatt Garippa(Founder)in

Co-investorsAnkona CapitalClocktower VenturesCloquet Capital Partners, LLCEntrepreneurs Roundtable Accelerator (ERA)Evolution VC PartnersGMO VenturePartners+3 more

Pinto Robotics makes PODS, a countertop robot that automatically fills and seals sauce cups for quick-service restaurants.

FoodTechHardwareRoboticsLos Angeles, US

Pointless offers an AI front end for the prediction economy, using models that simulate future events and probabilities to identify edge before markets react.

AI & Machine LearningFintech

Daniel Fruhman(Founder)inJosh Fruhman(Founder)in

Co-investorsAbstract VenturesStarting LineRed Sea Ventures

Rheom Materials develops biobased materials using biopolymers derived from plant-based matter, applying melt extrusion techniques to create sustainable alternatives to plastics.

Circular EconomyCleantechNew Materials

Co-investorsAlwyn CapitalBeni Venture CapitalNew Climate Ventures

Royal is building products at the intersection of music and cryptocurrency to create economic opportunities for both musicians and listeners.

Crypto & Web3Media & Entertainment

Co-investorsa16z cryptoAndreessen HorowitzCoinbase VenturesParadigmVibe CapitalEarl Grey Capital

Sentra is a tool that captures and reconstructs the context behind engineering decisions, linking discussions, tickets, and pull requests to explain why choices were made.

Developer ToolsFuture of WorkSaaSSan Francisco, US

Andrey Starenky(Founder)inAl Rey(Founder)in

Co-investorsA16Z SpeedrunAntigravity CapitalBessemer Venture PartnersKey1 CapitalPrecursor VenturesStandard Investments+3 more

Siegelman Stable is an apparel and accessories brand selling graphic tees, hoodies, knitwear, hats, and other clothing, including licensed collaborations with sports teams and organizations such as the New York Yankees, New York Mets, and US Soccer.

ConsumerDirect to ConsumerE-commerce

Solace provides patient advocacy services that help individuals navigate healthcare systems and secure treatments and approvals.

Digital HealthHealthtech

Jeremy Gurewitz(Founder & CEO)inSara Sargent(Founder)in

Co-investorsBlack Jays VenturesCoalition OperatorsInspired CapitalIVP (Institutional Venture Partners)Launch HouseMenlo Ventures+4 more

Sparx provides an integrated actuarial, insurance, and data platform that automates manual processes for healthcare organizations participating in value-based care arrangements.

AI & Machine LearningEnterprise SoftwareHealthtech

Ricky Pati(Founder)in

Co-investorsDrive CapitalHuman CapitalThrive Capital

Strike is a Bitcoin financial platform where users can buy, sell, spend, save, and borrow against bitcoin, with features including zero-fee recurring buys, Lightning Network payments, and free on-chain withdrawals.

Crypto & Web3Fintech

Co-investorsHivemind Ventures, LlcKube VCSpace Whale CapitalStreamlined VenturesValor Capital GroupMorgan Creek Capital

Superpower offers personalized health testing and monitoring for consumers, analyzing 100+ biomarkers across multiple body systems.

AI & Machine LearningDigital HealthWellness & Fitness

Dr Anant Vinjamoori

Co-investorsBlack FlagForerunner VenturesLaunch HouseLong Journey VenturesNext Legacy PartnersStarting Line+5 more

Adam Weinstein(Founder)in

Co-investorsalphabet angelsAlpine MeridianBullpen CapitalNew York Venture PartnersStage 1 Ventures

TrueShort produces original movies and series designed for viewing on mobile phones, offered exclusively through its own platform.

ConsumerMedia & Entertainment

Co-investorsAUTHENTIC VENTURESKhosla Ventures

Type Five combines modular design with construction methods to build customizable accessory dwelling units and living spaces, offering up-front pricing and faster move-in times.

Construction TechPropTechBerkeley, US

BoardAleksis Bertoni(Director)Tim Thimmaiah(Executive Officer, Director)in

Co-investorsBlack Jays VenturesCarbide VenturesHawk Hill VenturesNight CapitalZelda Ventures

Underdog Fantasy offers a sports predictions and betting product where users make picks on team outcomes, spreads, totals, moneylines, and parlays for entry amounts from $1 to $2,000.

ConsumerGamingSports Tech

Co-investors305 VenturesAcies InvestmentsDarco CapitalMantis CapitalNight CapitalPROOF+4 more

vidIQ offers AI-powered tools for YouTube creators, providing content ideas, video optimization (titles, tags, thumbnails), and creator coaching to help grow views and subscribers.

AI & Machine LearningCreator EconomyMarketing Tech

Rob Sandie(Founder)inJames Cross(Founder)in

Co-investorsEscalate Capital PartnersExpansion Venture CapitalSocial StartsUpfront VenturesLowercase Capital

Whatnot is a live commerce marketplace that enables creators and entrepreneurs to build businesses by connecting with audiences through real-time streaming and shopping.

ConsumerCreator EconomyE-commerceMarketplacesSocialLos Angeles, US

Grant LaFontaine(Founder/CEO)inLogan Head(Founder)in

BoardDalton Caldwell(Director)inConnie Chan(Director)inLaela Sturdy(Director)inAnu Hariharan(Director)

Co-investorsAlkeon InnovationAndreessen HorowitzCapitalGFirebolt Ventures Management Company, LlcGreycroftICONIQ+11 more