Backpac

Backpac

Backpac ensures dependable RPC connectivity to the blockchain.

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DateInvestorsAmountRound
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Total Funding000k

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Backpac Inc. operates as a specialized infrastructure provider in the blockchain sector, offering a sophisticated Remote Procedure Call (RPC) load-balancing solution tailored for enterprises requiring scalable and reliable data access. The company was founded by Allyn Alford, a professional with over a decade of experience in enterprise integrations, who now leads Backpac's initiatives to enhance blockchain connectivity. Drawing from his extensive background, Alford established Backpac with the mission to elevate the Web3 ecosystem's capabilities to match the scale and reliability of Web2, focusing on providing redundancy and increased throughput to decentralized networks.

The firm's core product is an intelligent, fault-tolerant Layer 7 RPC load balancer. This middleware is engineered to prevent downtime and optimize performance by intelligently routing traffic and providing failover protection. A key milestone for the company was the launch of its inaugural product in mid-September 2023, which was introduced as an add-on within the QuickNode marketplace. In June 2024, Backpac was selected to join the EndeavorLAB Black Founders Cohort, an initiative by Endeavor Miami to support high-impact ventures.

The business serves clients such as cryptocurrency exchanges, NFT collections, and trading platforms that need to interact with various blockchains without interruption. The service operates on a B2B model, empowering these organizations by distributing their RPC requests across multiple node providers. This approach not only ensures high availability but also enhances performance, scalability, and cost-efficiency without necessitating additional hardware or maintenance on the client's side. Backpac's platform provides a unified endpoint for accessing a wide array of blockchain networks, including Solana, Ethereum, Polygon, and other EVM-compatible chains, and features a globally distributed network to ensure low latency for users worldwide. Its system also incorporates blockchain-aware caching, which optimizes performance by caching responses only for the duration they remain valid, thereby reducing unnecessary credit usage for its clients.

Keywords: RPC load balancer, blockchain infrastructure, Allyn Alford, Web3 scalability, fault-tolerant RPC, Solana RPC, Ethereum RPC, multi-chain access, blockchain connectivity, node provider redundancy, decentralized network throughput, QuickNode marketplace, NFT infrastructure, crypto exchange tools, blockchain data access, high-performance blockchain, dApp infrastructure, EndeavorLAB, Layer 7 load balancer, blockchain-aware caching

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