Beam Solutions
Latest round
- Seed
Last raised
- Nov 2018
Total raised
- $5M
Investors
- 3
About Beam Solutions
Beam Solutions, Inc. specializes in providing innovative technology solutions that enhance operational efficiencies for businesses across various sectors.Founded in 2016 and headquartered in San Francisco, US, Beam Solutions, Inc. offers technology solutions that improve operational efficiency and compliance. The company was acquired by Jumio Corporation in September 2020, which integrated its AML platform into Jumio's offerings. The acquisition terms were not disclosed.Beam Solutions, Inc. provides advanced identity verification solutions, focusing on compliance and operational efficiency for various industries. Their key offerings include AI-driven identity checks and compliance services that assist businesses in mitigating fraud risks and adhering to regulatory standards.Beam Solutions, Inc. generates revenue through contracts that provide access to its identity verification technology. The revenue model is based on service agreements, where clients are charged according to the volume of identity checks performed.Following its acquisition in September 2020, Beam Solutions, Inc. plans to leverage Jumio's resources to expand its product line and enhance its technology capabilities. The company aims to introduce new verification products and penetrate additional markets by the end of 2023.
Who invested in Beam Solutions
3 investors across 1 round
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Funding rounds
Seed
Nov 1, 2018
Amount
$5M
Investors
Questions about Beam Solutions
Who invested in Beam Solutions?
Beam Solutions has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Beam Solutions raised?
Beam Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Beam Solutions last raise money?
Beam Solutions's most recent round on record is a Seed, in Nov 2018.
What does Beam Solutions do?
Beam Solutions is a software company.
Where is Beam Solutions headquartered?
Beam Solutions is headquartered in San Francisco, US.
Which VCs invest in companies like Beam Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Beam Solutions's stage. Their profiles are linked below.
VCs backing software startups at Seed
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