Backed by Blue (B3)
Backed by Blue (B3) is a Scottsdale-based angel investing syndicate founded in 2020 that sources, evaluates, and co-invests in early-stage startups on behalf of its investor community of 251-500 participants.
- Company typePrivate
- Founded2020
- HeadquartersScottsdale, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Backed by Blue (B3) does
Backed by Blue (B3) is an angel investing syndicate that operates as an intermediary sourcing, evaluating, and co-investing in early-stage startups on behalf of its investor base. Founded in 2020 and headquartered in Scottsdale, Arizona, the entity is privately held and operates under the domain backedbyblue.co. Its functional role is curation and capital aggregation rather than operating company building: B3 presumably connects founders with a pool of angel LPs and participates in funding rounds alongside other investors.
The business model follows the standard angel syndicate template: management fees on committed capital and/or carried interest on successful exits, with no disclosed fund vintage size, fee schedule, carry split, or portfolio composition in the input data. The reported 251-500 headcount is atypical for a syndicate of this profile and likely reflects the wider investor community or network roster rather than paid employees, but this is not confirmed.
The input does not document any portfolio investments, technology platform, management team, partnerships, M&A activity, or fundraising history beyond founding. Key diligence gaps include AUM, deal cadence, LP concentration, sector focus, and any proprietary tooling for deal sourcing or diligence. Without these signals, B3's commercial scale, performance track record, and competitive positioning cannot be assessed from this dataset.
Backed by Blue (B3) firmographics
Firmographics- Name
- Backed by Blue (B3)
- Website
- https://backedbyblue.co
- Company type
- Private
- Founded year
- 2020
- Headcount range
- 251–500 employees
- Short description
- Backed by Blue (B3) is a Scottsdale-based angel investing syndicate founded in 2020 that sources, evaluates, and co-invests in early-stage startups on behalf of its investor community of 251-500 participants.
- Ownership category
- akta.pro rank
Backed by Blue (B3) industry classification
Industry- Product category
- Angel Investing
- NAICS
- Miscellaneous Financial Investment Activities (523999)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where Backed by Blue (B3) is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Markets served
Backed by Blue (B3) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Backed by Blue (B3) product offering
Product offeringCore offering
Backed by Blue (B3) is an angel investing syndicate that sources, evaluates, and invests in early-stage startups. The firm deploys pooled investor capital into selected startup deals, focusing on the early-stage segment of the venture capital market. Its operations center on deal sourcing and investment execution for participating investors.
Differentiator
Problem solved
Functional benefit
Products and services
- Angel Investing Syndicate A pooled angel investing service that sources, evaluates, and deploys capital into early-stage startups on behalf of participating investors.
Companies that use Backed by Blue (B3)
Customer profileIdeal customer profiles1 record
Backed by Blue (B3) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Backed by Blue (B3) partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights1 record
Backed by Blue (B3) competitors and assessment
Company assessmentBroad incumbents
- SeedInvest: Angel and early-stage investing platform connecting LPs to startup deals. Comparable to B3 in providing syndicate access to early-stage startups, though SeedInvest is more regulation-heavy (Reg D/CF).
- AngelList: The dominant platform for angel syndicates and rolling funds, enabling individuals to syndicate deals and operate as lead angels. Directly comparable to B3 because B3 operates as a syndicate in the same ecosystem AngelList underpins.
- Republic: Retail-access investment platform hosting syndicates and pooled vehicles for early-stage investing. Comparable to B3 as a competing syndicate/angel-investing channel with broader tooling and LP base.
- StartEngine: Equity crowdfunding and syndication platform focused on early-stage private deals. Comparable to B3 as an alternative syndicate distribution channel competing for the same angel LPs and issuers.
- Wefunder: Crowdfunding and syndicate platform supporting community-led early-stage rounds. Comparable to B3 as a mechanism for aggregating small checks into early-stage startup investments.
Others
- Circle (SeedInvest / equity-crowd peers): Adjacent platforms that provide syndicate and SPV tooling for angel and small-fund leads. Comparable to B3 as infrastructure that competing syndicate leads may adopt instead of building standalone channels.
- CrunchFund (now defunct) / TechCrunch syndicate alumni groups: Historical syndicate-brand operators that aggregated checks around specific lead angels. Comparable to B3 as a syndicate vehicle archetype, though many of these figures have migrated onto AngelList and rolling fund structures.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks5 records
Key highlights3 records
Customer concentration
Backed by Blue (B3) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Backed by Blue (B3) leadership team
Management profileNumber of profiles
Backed by Blue (B3) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Backed by Blue (B3) M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Backed by Blue (B3)
What does Backed by Blue (B3) do?
Backed by Blue (B3) is an angel investing syndicate that sources, evaluates, and invests in early-stage startups. The firm deploys pooled investor capital into selected startup deals, focusing on the early-stage segment of the venture capital market. Its operations center on deal sourcing and investment execution for participating investors.
Is Backed by Blue (B3) a public or private company?
Backed by Blue (B3) is a private company. It is classified as founder individual operated bootstrapped.
When was Backed by Blue (B3) founded?
Backed by Blue (B3) was founded in 2020. It employs 251 to 500 people.
Where is Backed by Blue (B3) based?
Backed by Blue (B3) is headquartered in Scottsdale, United States, in the North America region.
Who are Backed by Blue (B3)'s main competitors?
Broad incumbents on record are SeedInvest, AngelList, Republic, StartEngine and Wefunder. Others are Circle (SeedInvest / equity-crowd peers) and CrunchFund (now defunct) / TechCrunch syndicate alumni groups.
Does Backed by Blue (B3) have an API?
No public API is recorded for Backed by Blue (B3).
What industry is Backed by Blue (B3) in?
Backed by Blue (B3)'s product category is Angel Investing. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 523999 and its SIC code is 6282.