# Beamy

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

- Industry: Software
- Headquarters: Lille, France
- Website: www.beamy.fr
- Total disclosed funding: $4.8M
- Latest round: Series A (Apr 19, 2022)
- Investors on record: 6

## About

Beamy SAS is a provider of SaaS governance solutions that enhance the management of software applications within organizations, ensuring compliance and optimizing operations across various sectors.Founded in 2017 in Lille, France, Beamy SAS specializes in SaaS governance solutions that streamline the management of software applications for enterprises. The firm has successfully executed 5 deals, with the most recent funding round occurring on April 19, 2022. Beamy secured EUR 4.20 million in Series A funding, co-led by Aglaé Ventures and ISAI, alongside participation from FrenchFounders and Evolem. The total amount raised by Beamy to date is EUR 4.20 million, and the company is currently valued at EUR 19.28 million post-money. Beamy was co-founded by Andréa Jacquemin and Edouard Dossot, and Andréa Jacquemin serves as the CEO.Beamy specializes in SaaS governance solutions designed to optimize the management of Software as a Service applications across organizations. Its core offerings include a Web Extension and a Governance Platform that provide real-time insights into SaaS usage, promote employee engagement, and facilitate compliance with organizational policies. The Web Extension integrates seamlessly with existing systems, allowing organizations to monitor SaaS applications while ensuring data privacy and security. The Governance Platform centralizes SaaS knowledge, enabling collaboration among Business, IT, Procurement, Cybersecurity, and Compliance teams to create scalable processes. Beamy’s products are primarily aimed at enterprise clients across various sectors, including finance, retail, and technology, with a focus on markets in Europe and North America.Beamy operates on a subscription-based revenue model through its SaaS governance solutions. Clients typically engage with Beamy by subscribing to its Web Extension and Governance Platform, which allows them to access continuous updates, support, and new features as they are released. The company structures its transactions to encompass both B2B sales and direct partnerships with other enterprises, creating a reliable revenue stream. Specific pricing plans and details regarding contract lengths may vary based on the client's unique requirements and the scale of their SaaS landscape. Beamy's offerings are designed to enhance operational efficiency and compliance, which positions them as a valuable partner for organizations navigating the complexities of SaaS adoption.In April 2022, Beamy SAS raised EUR 4.20 million in Series A funding, which will be utilized to accelerate its international development and strengthen customer relations. The company plans to enhance its product offerings by designing new features for its Governance Platform and Web Extension, with a focus on launching updates by the end of 2023. Additionally, Beamy aims to expand its presence in North America and the UK, targeting a market launch by mid-2024.

## Funding rounds

- Series A, Apr 19, 2022, $4.5M — Evolem, ISAI, Aglaé Ventures, FrenchFounders, LeFonds
- Seed, Nov 16, 2018, $0.2M — Bright Pixel

## Investors

- Bright Pixel (https://capitalatlas.ai/funds/bright-pixel) — Seed
- Evolem — Series A
- ISAI (https://capitalatlas.ai/funds/isai) — Series A
- Aglaé Ventures (https://capitalatlas.ai/funds/aglae-ventures-2) — Series A
- FrenchFounders — Series A
- LeFonds (https://capitalatlas.ai/funds/lefonds) — Series A