Skip to main content
Caplight Logo









Backpack Healthcare

Backpack Healthcare

Private
Hanover, MarylandHealthcare & Life Scienceshttps://hellobackpack.com/

Last Round

Grant

Aug 21, 2024

Total Funding Raised

$16.94M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Backpack Healthcare is a pediatric mental health technology company that provides virtual therapy, psychiatry, and an AI-powered self-care platform for children, adolescents, and their families.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, Telemedicine, Patient Engagement

Business Model

B2B2C

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Application

Keywords

pediatric mental healthtelehealthteletherapyvirtual therapyvirtual caretelepsychiatryyouth mental healthonline counselingmedication managementcare coordinationdigital healthB2B2C healthcarebehavioral healthclinical workflow automationAI mental health

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Backpack Healthcare Comparables

Compare Backpack Healthcare with similar companies based on industry and business-model similarity.

Backpack Healthcare comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Handspring Health
88%
Fort Health
87%
InStride Health
85%

Backpack Healthcare Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantAug 21, 2024
Series AMay 7, 2024
Convertible DebtSep 15, 2023
SeedDec 22, 2022

Key People

Founding team and executive leadership

Hafeezah Muhammad

Chief Executive Officer, Founder

Founding Team

Prashanth Brahmandam

Chief Technology Officer

Executive Team

Backpack Healthcare Investors

Notable investors and investment history

Backpack Healthcare investors
InvestorRounds
TechstarsSeries A
ECMC GroupSeries A
Genius GuildSeries A
Collab CapitalSeries A
Bridge Builders CollaborativeSeries A
HopelabSeries A
Rethink EducationSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors increased 42% MoM, reaching 10K.

  • Jun 28, 2026

    Job posting indicates expansion into the Illinois market.

Backpack Healthcare Filings

Explore SEC and related filing metadata, where available.

Backpack Healthcare filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

Common questions about Backpack Healthcare's valuation, stock price, and market status.

Is Backpack a public or private company?

Backpack is a private company.

What is the current stock price of Backpack?

Backpack is a private company with no public stock price. No recent secondary market data is available.

How much is Backpack worth (valuation)?

Backpack's valuation is estimated at $120.0M based on funding round data.

Can I buy Backpack stock?

Backpack shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Backpack's last funding round?

Backpack's most recent funding round was Series A on February 28, 2024.

Who are the main investors in Backpack?

Key investors in Backpack include FTX Ventures, PACE Healthcare Capital, Jump Crypto.

Will Backpack IPO soon?

No public IPO plans have been announced for Backpack.

How can I track Backpack secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Backpack's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersHanover, Maryland
Employee Range72
Year Founded2021
Last FundingAug 21, 2024

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?