Beam Cloud

New York, United States Founded: 2021 • Age: 5 yrs
Provider of AI and cloud-based solutions to develop GPU, API, and ML models
Annual revenue - Latest available
Total funding $3.6M 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Beam Cloud

Beam Cloud is a company based in New York (United States) founded in 2021 by Luke Lombardi and Eli Mernit. Beam Cloud has raised $3.63 million across 2 funding rounds from investors including Uncorrelated Ventures, Tiger Global and Y Combinator. Beam Cloud operates in a competitive market with competitors including Theta Token, Liqid, Lambda Labs, Ubitus and HPC-AI, among others.

  • Headquarter New York, United States
  • Founders Luke Lombardi, Eli Mernit
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $3.63 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.5 M (USD), Seed

    May 10, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Beam Cloud

Beam Cloud has successfully raised a total of $3.63M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Beam Cloud

Beam Cloud has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Uncorrelated Ventures, Tiger Global and Y Combinator.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital is directed toward infrastructure software companies.
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Venture and private equity investments are managed with global diversification.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Beam Cloud

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Investments & Acquisitions by Beam Cloud

Investments
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Investment portfolio details for Beam Cloud

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Financial Statements - Beam Cloud

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Detailed financials for Beam Cloud

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Beam Cloud Comparisons

Beam Cloud Primary company
Description
Provider of AI and cloud-based solutions to develop GPU, API...
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Beam Cloud

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Competitors of Beam Cloud

Beam Cloud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Theta Token, Liqid, Lambda Labs, Ubitus and HPC-AI, among others.

Company Name Domain Founded year HQ Location Description
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Decentralized peer-to-peer video delivery is enabled through token rewards.
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Composable disaggregated infrastructure management solutions for data centers are provided.
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Provides a platform for deep learning server solutions.
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Cloud computing solutions for multiplayer gaming are provided.
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Cloud-based HPC services are provided for AI and ML acceleration.
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Cloud-based HPC and storage solutions are offered for multiple industries.
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Detailed competitors of Beam Cloud

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Latest news on Beam Cloud

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Complete news archive for Beam Cloud

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Frequently Asked Questions about Beam Cloud

Beam Cloud was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Beam Cloud is headquartered in New York, United States. It is registered at New York, New York, United States.

Eli Mernit is the current CEO of Beam Cloud. They have also founded this company.

Beam Cloud is a funded company, having raised a total of $3.63M across 2 funding rounds to date.

Beam was founded in 2021 in New York, United States, within the AI and cloud computing sector. Solutions are offered to develop GPU, API, and machine learning models while managing infrastructure complexity. Serverless APIs, asynchronous webhooks, and scheduled cron jobs are deployed, incorporating autoscaling, telemetry, and authentication features. Additional capabilities include image generation, conversational AI, and video transcription services.

Beam Cloud's top competitors include Theta Token, Aethir and exaBITS.

Beam Cloud has 8 investors. Key investors include Uncorrelated Ventures, Tiger Global, Y Combinator, Charge Ventures, and Twenty Two Ventures.

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