BACKED VC

BACKED is the human-centric venture capital fund. We invest in exceptional founders, at Seed, in Europe.

4.0
(16)
Recommend to another founder 30%

Independent rating of BACKED VC VC fund

Overall rating:
4.0
(16)
Recommend to another founder: 30%
Team quality
2.9
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
3.6
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
3.6
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Help with follow-up rounds

About BACKED VC VC fund

Founded:
2015
Number of funds:
1
Number of investments:
60
Number of exits:
4
Headquarters:
Organization type:
Micro VC, Venture Capital

How BACKED VC VC fund invests

Average ticket size:
11.9M USD
Smallest investment:
343K USD
Biggest investment:
57.1M USD
Would lead round:
Yes
Would coinvest:
Yes
Countries where invested:

Portfolio - latest investments by BACKED VC VC fund

Founders' reviews of BACKED VC VC fund

Team quality
3.0
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
2.7
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
2.4
Supportiveness
Value add beyond financing
Terms
Founder friendly
Help with follow-up rounds
Recommend to another founder 30%
Within 6 months by non-portfolio founder
Verified by BOUND
Team quality
3.0
Professionalism
Investment process
2.0
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Seed
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Toying with Our Emotions
Always late for meetings. Often didn't reply to emails. Left us hanging often when they said they would arrange meetings. Just a lack of process and a lack of respect throughout.
Team quality
1.0
Professionalism
Investment process
1.5
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Seed
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Sent me on a Wild Goose Chase
Awful experience after warm intro. Double confirmed old office address, then didn’t bother calling after waiting, and they knew I was flying in to meet them. Couldn’t meet that day at all then; and then weeks later requested a call and cancelled just before. No thanks.
Team quality
Not reviewed
Investment process
5.0
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Pre-Seed
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Would Have Been Nice to Have Them Along
They reached out to us while we were raising a pre-seed round, though we were too early for them in the end. Overall great experience - courteous and provided useful feedback.
Team quality
Not reviewed
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.8
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Make us Feel Important
Perfect level of engagement - our company feels as if it's front and center for our VC. Couldn't ask for a more intelligent, strategic, and logical thinking VC partner.
Team quality
Not reviewed
Investment process
3.0
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Seed
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I Bailed
Just seemed very unprofessional and disrespectful of time. Probably the worst for this of any VC I spoke to across you US and Europe throughout my process. Asked me to set up times to chat with them, then didn't reply to my responses. Forgot meetings and were late to ones they showed up to. Never replied after first meeting... i didn't chase as i had closed my round, but to be honest i'd just completely decided i didn't want their money
Team quality
Not reviewed
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Series A
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Comrades
Great people with high founder empathy.
Team quality
Not reviewed
Investment process
4.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.5
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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I May be Going Against the Crowd But...
It's funny. I'm forever asked whether I rate them, which indicates that they may not make a great first impression on everyone. But as a portfolio founder they were excellent - got their hands dirty, were hungry to help and empathetic.
Team quality
Not reviewed
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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I Sleep Soundly at Night
Amazing people that cared what we do and our users. High integrity and have all my trust
Team quality
Not reviewed
Investment process
4.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Top of the Pops
Very good people.
Team quality
Not reviewed
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
3.8
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Capable
quick, smart, supportive
Team quality
Not reviewed
Investment process
4.2
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Ol' Reliable
Really great VC. I've raised from a few, and these are the most supportive and who I rely on the most.
Team quality
Not reviewed
Investment process
5.0
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Series A
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Only Pros, No Cons
Very thoughtful, enjoyable, polite and good people.
Team quality
Not reviewed
Investment process
4.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.8
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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I Think They Like Me
I feel like they invested in me because they believed in me as a founder. They have shown that post-investment by trusting me to run the business and they have been very supportive throughout.
Team quality
Not reviewed
Investment process
4.5
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.8
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Moving On Without Baggage
Good fund, Alex is great. They are your champion both pre-and post-investment. I've had positive and negative interactions like any founder would, but the negative interactions were always talked about quickly and fixed in a way that was both timely and ethical. I couldn't recommend them more.
Team quality
Not reviewed
Investment process
4.5
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Series A
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Need to be on Your Map
Backed are easily our best investor, they have invested in my growth, my team's growth and they've gone beyond the normal to help the business become stronger, other VCs will have a higher chance of success by having Backed involved in their investments. Founders will be pleased on how much personal support they give.
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