Backdrop

Backdrop is an expense management platform catered to the film, TV, commercials, and event production industries. The company, founded in 2023, offers a solution where users can simply take a photo of their receipt or invoice, and the platform takes care of the rest. By automating petty cash reconciliation, purchase order creation, approvals, and generating the corresponding accounting, tax, and inventory reports, Backdrop claims to reduce the time spent on production expenses by over 70%. The platform also assists in facilitating production financial reporting and tax credits/refunds, ultimately aiding users in staying on budget. The startup operates within the Entertainment, Music, and Media industries. Backdrop recently secured a Seed Round investment on 24 August 2023, with HTwenty as the contributing investor. They can be found on Instagram with the handle @joinbackdrop.