San Francisco, United States
Backpack, founded in 2014 and headquartered in the United States, is a dynamic player in the Consumer Electronics, E-Commerce, and Travel and Tourism industries. Their slogan, "Best way to access products from around the world," encapsulates their innovative approach to global shopping by leveraging the power of peer-to-peer networks.
The company's platform connects travelers and shoppers, facilitating access to a diverse range of products across global markets while circumventing heavy shipping costs. Travelers can earn extra income by carrying and delivering products to shoppers, who gain access to authentic, original goods worldwide. This model not only promises cost savings but also ensures authenticity and selection diversity, appealing to a consumer base seeking organic and cost-effective products.
The venture caught the attention of notable investors such as Khosla Ventures, SV Angel, and Matrix, culminating in a Seed Round investment on 30 November 2019. Backpack is positioned as a solution-oriented startup that embodies the modern push for globalization with minimal friction.
