Tag: Company Updates

Posted on May 18, 2020

Welcome to the May 2020 Backend Benchmarking company update. In this post, we share news of our recent media coverage (Barron’s, Forbes, and others), highlights from the Q1 2020 Robo Report that our research team just released, an update on our development team’s progress, and the last opportunity to have your RIA compared to their peers in our next study.

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Posted on March 27, 2020

Welcome to the March 2020 Backend Benchmarking company update. Today, we share an update from our research team on the robos’ movements during the recent market volatility, our progress on application development, Backend Benchmarking’s recent media appearances, and our plan to acquire our first users inexpensively.

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Posted on February 24, 2020

Welcome to the first Backend Benchmarking company update of 2020! We are excited to share that our latest Robo Report and Robo Ranking were recently released, an update on our development progress (we are getting there!), information on our most recent media appearances, and good news about our blog.

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Posted on November 26, 2019

In this update, we are pleased to share details of our continued strong media coverage, information on two new studies we are conducting, and a status update on our application development.

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Posted on October 18, 2019

We have been very busy here at Backend Benchmarking. We played a pivotal role in saving 10,000 investors from a substantial tax burden, had numerous media appearances and quotes including a Wall Street Journal article by Jason Zweig, published insightful analyses and commentary to our blog, and made progress building our application.

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Posted on September 20, 2019

I hope that this post finds you well and that you have enjoyed your summer. The last few months have been quite busy at Backend Benchmarking! Here are some highlights of our progress:

Successful Capital Raise

On June 1, we closed a fundraising round with $3.8 million in equity capital—$3.0M in Preferred Equity and $800K in SAFEs. We also secured a signed letter of intent from Peapack Gladstone Bank for an additional $1 million in debt financing. Once the debt financing is finalized, the total amount raised this year will be $4.8 million!

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