Definition, Meaning & Synonyms

backer

noun

/ˈbækər/

Definition

A backer is a person or entity that supports, endorses, or finances a project or an individual, especially in business or charity.

Examples

The backer of the new technology startup provided essential funding to launch the product.
Many backers believe in the mission of nonprofit organizations and support them with donations.
She was an enthusiastic backer of the community theater production, offering both her time and financial help.

Meaning

In a general sense, a backer is someone who provides resources, such as money, to help someone achieve their goals. This term is often used in the context of startups and crowdfunding.