← State of Embedded Finance 2026

Backburner Labs

Can a hardware/software engineering firm streamline multi-project financial operations enough to scale client delivery without adding finance headcount?

HQMinneapolis, MN, USA
IndustryVertical SaaS / Hardware & Software Engineering Services
The story

Backburner Labs was founded as a product development and engineering firm focused on high-complexity hardware/software prototyping. The company serves clients across sports, healthcare, retail, and industrial sectors, and also handles small-batch contract manufacturing. Their embedded finance footprint is that of a customer — using Brex for corporate spend management — rather than a platform offering embedded finance products to others.

Last 12 months
2025
Product timeline
2019
Backburner Labs began engineering operations, bringing hardware and software prototypes to market across multiple industries.· pivot
The stack
Accounting gap: none