Logo Design for Backed

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We are looking to design a logo for a music tech start-up. We are creating a platform which will help artists raise funding through their fans.
Fans/investors will be able to view the artist's campaign, then decide how much they would like to donate.
The idea is that artists will be "backed" by their fans.
The colours for the website are going to be black, white, grey and blue. For the logo, we currently feel something black, bold and capitalised will be best.
We are open to ideas.
The logo needs to communicate financial safety, whilst also appealing to music artists - so needs to be cool. We quite like the Defected logo (music label).
Logo Text
Backed