# Beamery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beamery

- Industry: Outsourcing
- Headquarters: London, UK
- Website: www.beamery.com
- Total disclosed funding: $173M
- Latest round: Series C (Jun 17, 2021)
- Investors on record: 10

## About

Based in the UK, Beamery Limited operates as a provider of AI-powered workforce transformation solutions, specializing in enhancing talent acquisition and management for organizations globally.Beamery Limited, founded in 2014, is based in London, UK and specializes in optimizing workforce management. The company has secured a total of USD 50.00 mn through various funding rounds, with its latest being a Series D led by Ontario Teachers' Pension Plan on October 29, 2024. Co-founders Michael Paterson and Murad Saidov have a rich entrepreneurial background, contributing to Beamery's innovative approach to talent management. Currently, Beamery is valued at USD 1.00 bn and has completed 8 deals to date.Beamery provides AI-driven workforce transformation solutions through its Workforce Intelligence Suite, which integrates data about skills and roles into a unified platform. Its offerings include an agentic AI consultant, Ray, designed to enhance skills-based hiring. Serving clients like Salesforce, Wells Fargo, and Hilti, Beamery operates across North America and Europe, aiding organizations in refining their recruitment processes and talent development strategies.In the most recent fiscal year 2024, Beamery reported a revenue of USD 47.44 mn, alongside an EBITDA of USD -13.65 mn. The company employs a subscription-based model, allowing clients to access its services through annual or multi-year contracts for its Workforce Intelligence Suite and AI features.Following its most recent funding round in October 2024, Beamery plans to leverage the capital raised for its growth initiatives and product development. The company aims to expand its offerings and enhance its platform capabilities while targeting new markets in North America and Europe for further growth. Specifics on upcoming product launches are not disclosed, but the funding will support ongoing development efforts.

## Funding rounds

- Series C, Jun 17, 2021, $138M — EQT, Index Ventures, Accenture Technology Ventures, M12, Workday Ventures, Teachers' Innovation Platform
- Series B, May 16, 2018, $28M — EQT, Index Ventures, AngelPad, M12, Edenred Capital Partners
- Series A, Apr 11, 2017, $5M — Index Ventures, Edenred Capital Partners, LocalGlobe, Grupa Pracuj
- Seed, Jun 16, 2016, $2M — AngelPad, Edenred Capital Partners, Grupa Pracuj

## Investors

- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed, Series B
- Edenred Capital Partners (https://capitalatlas.ai/funds/edenred-capital-partners) — Seed, Series A, Series B
- Grupa Pracuj — Seed, Series A
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- EQT (https://capitalatlas.ai/funds/eqt) — Series B, Series C
- M12 (https://capitalatlas.ai/funds/m12) — Series B, Series C
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series C
- Workday Ventures (https://capitalatlas.ai/funds/workday-ventures) — Series C
- Teachers' Innovation Platform — Series C