← Embedded Finance Index 2026

Backburner Labs

Can a 30-person engineering consultancy compete on prototype complexity and speed-to-market by combining deep hardware/software expertise with streamlined internal financial operations?

Founded2019
HQMinneapolis, MN, USA
IndustryVertical SaaS / Engineering & Product Development
The story

Backburner Labs was founded in 2019 as a product development and engineering consultancy focused on creating hardware/software prototypes for clients across sports, healthcare, retail, and industrial sectors. The 30-person firm also handles small-batch contract manufacturing. The company has migrated its financial operations from Mercury to Brex, achieving a 90% reduction in month-end reconciliation time, indicating a deliberate investment in modern spend management infrastructure.

Last 12 months
2024
Product timeline
2019
Backburner Labs founded as a product development and engineering firm specializing in hardware/software prototypes.· pivot
The stack
0 layers disclosed in Backburner Labs’s embedded-finance stack
Accounting gap: none