What is BackOps?
BackOps is a technology-driven company focused on enhancing practice management and profitability for businesses, particularly within the medical sector. Leveraging advanced technology and expert personnel, BackOps provides a comprehensive accounting and human resource platform. The company aims to alleviate the administrative burdens faced by professionals, allowing them to concentrate on core operations and patient care. The founding vision, stemming from firsthand experience with the challenges in the medical field, drives BackOps's commitment to operational efficiency and financial health for its clients.
How much funding has BackOps raised?
BackOps has raised a total of $44.1M across 5 funding rounds:
Angel/Seed
$1.5M
Series A
$7M
Debt
$150K
Private Equity
$8M
Private Equity
$27.5M
Angel/Seed (2012): $1.5M, investors not publicly disclosed
Series A (2013): $7M led by Google Ventures
Debt (2020): $150K supported by PPP
Private Equity (2025): $8M, investors not publicly disclosed
Private Equity (2026): $27.5M, investors not publicly disclosed
Key Investors in BackOps
Google Ventures
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations. They operate globally, providing financial backing to promising startups and growth-stage businesses.
What's next for BackOps?
With the recent major strategic investment, BackOps is poised for significant scaling and market penetration. The influx of capital, categorized as Private Equity, suggests a focus on expanding its service offerings and potentially entering new markets. This funding will likely support technological advancements in its seamless accounting and HR platform, as well as bolster its expertise in practice management. The company's trajectory indicates a move towards solidifying its position as a leader in back-office solutions for professional practices, aiming for sustained growth and increased profitability.
See full BackOps company page
