Backbone

Backbone

On-demand platform for real estate visuals

About Backbone

Simplify's Rating
Why Backbone is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Real Estate

Consumer Goods

Company Size

51-200

Company Stage

Seed

Total Funding

$6.9M

Headquarters

Geneva, Switzerland

Founded

2018

Overview

Backbone provides a platform for real estate professionals to easily produce and manage visual content needed for marketing properties. Users can order various types of visuals, including photos, videos, virtual tours, drone footage, and CGI, all through an on-demand service that delivers the final product within one business day. The platform is multilingual, supporting languages like English, French, German, and Dutch, which broadens its accessibility. Unlike competitors, Backbone not only focuses on quick delivery but also fosters the creative community through Backbone Art, an online gallery that promotes emerging photographers. The company's goal is to streamline the visual content creation process for real estate professionals while supporting new talent in the industry.

Simplify Jobs

Simplify's Take

What believers are saying

  • Backbone's acquisition of IMOGENT strengthens its leadership in the DACH proptech sector.
  • The rise of proptech investments supports Backbone's expansion and technological development.
  • Growing demand for virtual tours aligns with Backbone's real estate visual offerings.

What critics are saying

  • Increased competition in the DACH region could threaten Backbone's market share.
  • Rapid expansion and integration of IMOGENT may lead to operational challenges.
  • Reliance on UBS growth credit poses financial risks if revenue growth falters.

What makes Backbone unique

  • Backbone offers a unique mobile gaming controller compatible with cloud-gaming and remote-play.
  • The company provides a comprehensive solution for real estate visual content production.
  • Backbone's multilingual platform supports a broad audience across various European markets.

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Funding

Total Funding

$6.9M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$5.5M
Backbone

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -4%

2 year growth

↓ -3%
Startupticker
Aug 17th, 2024
BackBone secures funding to continue its growth course

Aiming for European leadership with its latest acquisition of Imogent, BackBone recently secured a growth credit from UBS to enable further growth. The start-up led by Dorian de Vinck hopes to double its revenues year-on-year by 2024 and maintain this growth rate in 2025.

Startupticker
Apr 25th, 2024
Backbone Acquires IMOGENT, Expands in DACH

Backbone, a Geneva-based proptech startup, has acquired German company IMOGENT to strengthen its position in the DACH region. The acquisition aims to enhance Backbone's technological capabilities and expand its services, increasing its user base to over 5,000. This move is part of Backbone's strategy to become the European leader in real estate marketing automation by 2026. The merger brings together over 50 employees and combines advanced technology and extensive market coverage.

VentureLab
Jun 9th, 2023
Backbone Raises a CHF 1.7m Seed Round led by Wingman Ventures

Geneva-based Backbone offers an on-demand service of professional photographers, with the vision to simplify and make accessible the production of premium visual content. They now plan to expand internationally and to further develop their technology.

BKBN
Dec 22nd, 2022
Backbone in 2022

This year, Backbone has launched several new real estate visual products to help its clients showcase their properties in the best light.

BKBN
Jan 17th, 2022
Bkbn receives financing of $5.5M in seed round

Bkbn even impressed ourselves when Bkbn raised a $5.5 million seed round to develop its technology and support its expanding business.

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