# LifeBEAM

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

- Industry: Electronics
- Headquarters: New York, US
- Website: www.vitrainer.com
- Total disclosed funding: $36M
- Latest round: Series B (Jun 19, 2018)
- Investors on record: 8

## About

LifeBEAM Inc. is a technology company specializing in artificial intelligence-driven solutions for health organizations, aiming to improve health outcomes and optimize financial performance.Founded in 2010 in New York, US, LifeBEAM Inc. provides AI SaaS solutions focused on healthcare technology. The company has executed a total of 4 deals, with the latest funding round occurring on December 1, 2022. In this round, LifeBEAM Inc. raised USD 6.00 mn from Square Peg, marking the total amount raised to USD 6.00 mn. The firm is led by Omri Yoffe, who also serves as the CEO.LifeBEAM Inc. specializes in an end-to-end AI SaaS platform designed to enhance health outcomes and optimize financial returns for health organizations. Its core offerings include VI Activate, which targets advertising effectively to lower acquisition costs across a wide demographic, VI Engage, focusing on optimizing member enrollment and retention, and VI Operate, leveraging Generative AI to improve operational efficiencies. The company serves leading health enterprises across North America, Europe, and select regions in Asia.LifeBEAM Inc. operates on a subscription-based model, allowing health organizations to access its suite of AI-driven tools designed for member engagement and operational efficiency. Clients engage in multi-year contracts with varying pricing plans reflecting the scope of services, including VI Activate, VI Engage, and VI Operate. Revenue is generated through these subscriptions, supplemented by additional fees for consulting or data analytics services as required, maintaining a diverse client base primarily of health enterprises.Following the recent funding of USD 6.00 mn in December 2022, LifeBEAM Inc. plans to enhance its product offerings and expand into new markets. The company is actively designing new features for its AI platform aimed at further improving member engagement and operational efficiencies, with specific plans to enter additional regions in Asia by the end of 2023. The funds raised will be allocated towards bolstering product development and market expansion initiatives.

## Funding rounds

- Series B, Jun 19, 2018, $20M — FGI Capital Partners, Triventures, Square Peg, Wellborn Ventures, Cerca Partners, Joy Ventures, New Era Capital Partners
- Series A, Mar 24, 2016, $16M — Triventures, Square Peg, Wellborn Ventures, Atomic 14 Ventures, Cerca Partners

## Investors

- Triventures (https://capitalatlas.ai/funds/triventures) — Series A, Series B
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B
- Wellborn Ventures — Series A, Series B
- Atomic 14 Ventures — Series A
- Cerca Partners (https://capitalatlas.ai/funds/cerca-partners) — Series A, Series B
- FGI Capital Partners (https://capitalatlas.ai/funds/fgi-capital-partners) — Series B
- Joy Ventures — Series B
- New Era Capital Partners (https://capitalatlas.ai/funds/new-era-capital-partners) — Series B
