Beam (Financial Software) Overview
- Year Founded
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2016
- Status
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Private
- Employees
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35
- Latest Deal Type
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2ndary - Private
- Investors
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27
Beam (Financial Software) General Information
Description
Developer of a cash assistance administration platform intended to increase equitable and fast delivery of critical public benefits and emergency aid. The company's platform helps private or philanthropic institutions and governments to design applications and verify and process applicants, enabling clients to reimagine how to administer financial assistance, direct cash assistance and public benefits to those in need.
Contact Information
Website
www.bybeam.coCorporate Office
- 125 Court Street
- Apartment 3NH, Brooklyn
- New York, NY 11201
- United States
Corporate Office
- 125 Court Street
- Apartment 3NH, Brooklyn
- New York, NY 11201
- United States
Beam (Financial Software) Timeline
Beam (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Secondary Transaction - Private | 21-May-2024 | Completed | Generating Revenue | |||
| 14. Later Stage VC | 08-Apr-2024 | Completed | Generating Revenue | |||
| 13. Later Stage VC (Series A) | 17-Nov-2022 | Completed | Generating Revenue | |||
| 12. Accelerator/Incubator | 29-Sep-2022 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 12-Sep-2022 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series A1) | 07-Sep-2021 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 22-Jun-2020 | Completed | Generating Revenue | |||
| 8. Grant | 01-May-2020 | Completed | Generating Revenue | |||
| 7. Seed Round | 02-Jan-2020 | $4.19M | $4.71M | Completed | Generating Revenue | |
| 6. Accelerator/Incubator | 25-Jul-2019 | $520K | Completed | Generating Revenue |
Beam (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 2,422,020 | $0.000100 | $0.5 | $0.5 | 1x | $0.5 | 10.93% | |
| Seed | 2,848,834 | $0.000100 | $0.86 | $0.86 | 1x | $0.86 | 12.85% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Beam (Financial Software) Comparisons
Industry
Financing
Details
Beam (Financial Software) Competitors (5)
One of Beam (Financial Software)’s 5 competitors is Campus Ivy, a Private Equity-Backed company based in Sunrise, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Campus Ivy | Private Equity-Backed | Sunrise, FL | ||||
| Mos | Venture Capital-Backed | San Francisco, CA | ||||
| Regent Education | Venture Capital-Backed | Frederick, MD | ||||
| CampusLogic | Private Equity-Backed | Chandler, AZ | ||||
| Single Stop USA | Corporation | New York, NY |
Beam (Financial Software) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Beam (Financial Software) Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Human Capital Development | Impact Investing | Minority | ||
| Imaginable Futures Services | Not-For-Profit Venture Capital | Minority | ||
| Impact Assets | Impact Investing | Minority | ||
| Michelson Runway | Accelerator/Incubator | Minority | ||
| Potencia Ventures | Impact Investing | Minority |
Beam (Financial Software) Acquisitions (1)
Beam (Financial Software)’s most recent deal was a Merger/Acquisition with BridgeEdU. The deal was made on 11-Jun-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| BridgeEdU | 11-Jun-2019 | Merger/Acquisition | Educational and Training Services (B2C) |
Beam (Financial Software) FAQs
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When was Beam (Financial Software) founded?
Beam (Financial Software) was founded in 2016.
-
Where is Beam (Financial Software) headquartered?
Beam (Financial Software) is headquartered in New York, NY.
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What is the size of Beam (Financial Software)?
Beam (Financial Software) has 35 total employees.
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What industry is Beam (Financial Software) in?
Beam (Financial Software)’s primary industry is Financial Software.
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Is Beam (Financial Software) a private or public company?
Beam (Financial Software) is a Private company.
-
What is Beam (Financial Software)’s current revenue?
The current revenue for Beam (Financial Software) is .
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How much funding has Beam (Financial Software) raised over time?
Beam (Financial Software) has raised $22.6M.
-
Who are Beam (Financial Software)’s investors?
Human Capital Development, Imaginable Futures Services, Impact Assets, Michelson Runway, and Potencia Ventures are 5 of 27 investors who have invested in Beam (Financial Software).
-
Who are Beam (Financial Software)’s competitors?
Campus Ivy, Mos, Regent Education, CampusLogic, and Single Stop USA are competitors of Beam (Financial Software).
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