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Rewind has raised $80.5M across 3 funding rounds.
Key people at Rewind.
Rewind has raised $80.5M in total across 3 funding rounds.
Rewind provides automated backup and recovery solutions for critical data within Software-as-a-Service applications. The company offers secure, SOC 2 compliant services, enabling organizations to safeguard intellectual property, restore from data errors, and minimize downtime. Its platform delivers continuous, granular backups across a wide ecosystem of business tools, addressing a key gap in SaaS providers’ shared responsibility model.
Founded in 2015 by Mike Potter and James Ciesielski, Rewind’s inception followed Potter's personal data loss at Adobe Systems. This, alongside observed data issues among early Shopify users, revealed an unmet need for individual account-level data protection. The founders developed a solution to grant users direct control over their mission-critical SaaS data, which providers often do not cover.
Rewind serves a diverse customer base, from small businesses to large enterprises across e-commerce, software development, and productivity. The company’s vision is to back up every mission-critical SaaS application, ensuring immediate recovery and business resilience. It aims to empower organizations by securing control and ownership of their data, anticipating a user-centric data protection future.
Key people at Rewind.
Rewind is a SaaS backup and recovery company founded in 2015 and headquartered in Ottawa, Ontario, Canada, with approximately 116 employees and $21 million in annual revenue.[1][2][5] It builds automated backup solutions for critical SaaS and cloud platforms like Shopify, GitHub, Jira, Confluence, QuickBooks Online, BigCommerce, Trello, Klaviyo, Okta, and Miro, serving over 100,000 businesses across 100+ countries by enabling seamless data backup, restoration, and migration to prevent downtime from errors or disasters.[1][2][3] The platform solves the widespread problem of SaaS data loss—where vendors often lack robust recovery options—allowing users to recover from minor edits to full account failures quickly, with strong growth evidenced by Series A ($19M CAD in 2020-2021) and Series B funding in 2021, customer base expansion from 41 in 2015 to over 80,000 by recent counts, and acquisitions like BackHub for GitHub backups.[2][3]
Rewind was co-founded in 2015 by Mike Potter (CEO) and James Ciesielski (CTO) in Ottawa, driven by the recognition that SaaS data loss could cripple businesses, especially for platforms like Shopify where shop owners lacked control over their data.[1][2][3] Potter, highlighting the panic of lost data, aimed to empower users with reliable backups; the duo started with 41 customers and rapid iteration, hitting 1,100+ by 2016 after first full-time hires.[2] Pivotal moments included 100% year-over-year growth in 2019 (reaching 10,900 customers and 40 employees), Series A funding and the BackHub acquisition in early 2021, Series B later that year amid adding GitHub and Trello support, and 2024 expansions into enterprise features like Cloud Sync and coverage for Confluence, Jira, Azure DevOps, Okta, Miro, and Entra ID—scaling to 100+ employees.[2][3]
(Note: Search results reference a separate "Rewind AI" for personal memory tools, but context confirms this SaaS backup firm.[4])
Rewind rides the explosive growth of SaaS and cloud adoption, where businesses rely on 100+ apps but face rising data loss risks from ransomware, errors, or vendor outages—market forces amplified by multi-cloud complexity and regulations demanding data sovereignty.[1][2][3] Timing is ideal post-2020 remote work boom and cyber threats, positioning Rewind amid a Backup-as-a-Service (BaaS) market projected for rapid expansion; its Shopify/QuickBooks focus taps e-commerce surges, while GitHub/Jira expansions align with devops trends.[2][3] By acquiring BackHub and partnering with giants like BigCommerce and Mailchimp, Rewind influences the ecosystem by standardizing cross-platform backups, reducing vendor lock-in, and enabling $100M-scale growth as favored by VCs.[3]
Rewind's trajectory points to enterprise dominance, with 2024's Cloud Sync and Okta/Miro additions signaling a push into security/comms backups amid AI-driven SaaS proliferation and zero-trust mandates.[2] Trends like ransomware-as-a-service and hybrid cloud will fuel demand, potentially driving 2-3x customer growth via global resellers and devops integrations. Its influence may evolve from Shopify niche to full-stack BaaS leader, empowering businesses to "protect their SaaS and cloud data" against interruptions in an increasingly data-dependent world.[1][2]
Rewind has raised $80.5M across 3 funding rounds. Most recently, it raised $65.0M Series B in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $65M Series B | John True | Bessemer Venture Partners, Cultivation Capital, Gradient Ventures, Gutbrain Ventures, High Alpha, Hyde Park Venture Partners, Inovia Capital, LAUNCH, Ridge Ventures, Vishal RAO, Atlassian Ventures, Fundfire, Matt Roberts, Union Ventures | Announced |
| Jan 1, 2021 | $15M Series A | Inovia Capital | Bessemer Venture Partners, Gradient Ventures, LAUNCH, Ridge Ventures, Vishal RAO, Fundfire, Mistral Venture Partners, ScaleUP Ventures | Announced |
| May 8, 2015 | $450K Seed | — | — | Announced |
Rewind has raised $80.5M in total across 3 funding rounds.
Rewind's investors include John True, Bessemer Venture Partners, Cultivation Capital, Gradient Ventures, Gutbrain Ventures, High Alpha, Hyde Park Venture Partners, iNovia Capital, LAUNCH, Ridge Ventures, Vishal Rao, Atlassian Ventures.
