Backdrop

Backdrop, formerly known as Twig and Sphere, is a San Francisco-based company offering global expense management software tailored for the entertainment industry, specifically targeting the Film, TV, and Music Production sectors.

Company History

Backdrop, formerly known as Sphere and Twig, is a B2B company established to cater to the entertainment industry's expense management needs. With locations in San Francisco, CA, and Seattle, WA, the two-person team aims to streamline financial oversight in film, TV, and music production. Since its participation in the Y-Combinator W23 batch, Backdrop has been committed to delivering innovative solutions for a market estimated to be worth over $650 billion.

Services

Backdrop offers global expense management software tailored for the entertainment industry. Their solution replaces traditional spreadsheets and paper receipts, thereby simplifying financial operations. Key features include snapping photos to parse receipts, creating and approving digital petty cash envelopes, tracking crew expenses in real-time, and generating compatible accounting reports with platforms like Smart Accounting, Extreme Reach, and PSL. The software also supports multiple languages and currencies, which is ideal for global operations.

Products

Backdrop provides a comprehensive expense management platform accessible via mobile and web. The platform allows users to manage multiple productions simultaneously. It tracks every purchased item and automatically generates a live inventory list. Features such as bank integration enable seamless receipt matching and real-time financial oversight. Users can also avail of a free first month upon signing up for the service.

Industry and Market

Backdrop operates within the B2B sector, specifically targeting the film, TV, and music production industry. The platform aims to ease expense tracking and financial management in an industry worth over $650 billion. By offering innovative technology to simplify expenses, Backdrop meets the unique financial challenges faced by entertainment industry professionals, promoting efficient and streamlined operations.

Location and Operations

Backdrop is headquartered in San Francisco, CA, with an additional location in Seattle, WA. The company supports both remote and partly remote working arrangements, catering to various operational needs within the United States and Canada. Their software is designed for global use, supporting multiple languages and currencies, making it suitable for managing productions worldwide.