About Beam Mobility
Beam Mobility is a company based in Singapore (Singapore) founded in 2018 by Deb Gangopadhyay and Alan Jiang. It operates as a Mobility-as-a-Service. Beam Mobility has raised $125.4 million across 3 funding rounds from investors including Affirma Capital, Peak XV Partners and RTP Global. Beam Mobility offers products and services including Shared Micromobility. Beam Mobility operates in a competitive market with competitors including MARTI, Luup, SWING, BinBin and GCOO, among others.
- Headquarter Singapore, Singapore
- Founders Deb Gangopadhyay, Alan Jiang
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Beam Mobility Holdings Pte. Ltd.
- Date of Incorporation 10 Jan, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125.4 M (USD)
in 3 rounds
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Latest Funding Round
$93 M (USD), Series B
Feb 25, 2022
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Investors
Affirma Capital
& 21 more
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Employee Count
Employee Count
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Products & Services of Beam Mobility
Beam Mobility offers a comprehensive portfolio of products and services, including Shared Micromobility. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Shared electric scooters are provided for urban mobility.
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Funding Insights of Beam Mobility
Beam Mobility has successfully raised a total of $125.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $93 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $93.0M
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First Round
First Round
(23 Oct 2018)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Beam Mobility | Valuation | Affirma Capital | |
| May, 2020 | Amount | Series A - Beam Mobility | Valuation | Hana Ventures , Peak XV Partners | |
| Oct, 2018 | Amount | Seed - Beam Mobility | Valuation | Founders Fund , Zhen Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beam Mobility
Beam Mobility has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Affirma Capital, Peak XV Partners and RTP Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Jonathan C Kim
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in Australia
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Founded Year | Domain | Location | |
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Seed-stage technology startups are invested in by Cherubic Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beam Mobility
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Beam Mobility
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beam Mobility Comparisons
Competitors of Beam Mobility
Beam Mobility 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 MARTI, Luup, SWING, BinBin and GCOO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ride-hailing services are operated via a mobility app for scooters.
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| domain | founded_year | HQ Location |
Electric kick scooters are rented via an app-based platform.
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| domain | founded_year | HQ Location |
Limited information is provided about SWING's operations.
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| domain | founded_year | HQ Location |
Electric kick scooter rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
Self-drive electric kick-scooters are rented through an app-based platform.
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| domain | founded_year | HQ Location |
E-scooters are rented by users through a mobile application portal.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Beam Mobility
Frequently Asked Questions about Beam Mobility
When was Beam Mobility founded?
Beam Mobility was founded in 2018.
Where is Beam Mobility located?
Beam Mobility is headquartered in Singapore, Singapore.
Who is the current CEO of Beam Mobility?
Alan Jiang is the current CEO of Beam Mobility. They have also founded this company.
Is Beam Mobility a funded company?
Beam Mobility is a funded company, having raised a total of $125.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.4M, raised on Oct 23, 2018.
What does Beam Mobility do?
Shared micromobility services are provided by Beam Mobility to enhance urban transportation. Operations span multiple countries including Australia, New Zealand, Malaysia, South Korea, Türkiye, United States, and Indonesia. Solutions focus on sustainability with a commitment to being Carbon Negative by 2025. Safety is prioritized through technology and the Beam Safe Academy program. Community engagement is fostered by supporting local businesses and ensuring accessible transport options.
Who are the top competitors of Beam Mobility?
What products or services does Beam Mobility offer?
Beam Mobility offers Shared Micromobility.
Who are Beam Mobility's investors?
Beam Mobility has 22 investors. Key investors include Affirma Capital, Peak XV Partners, RTP Global, Redbadge Pacific, and Right Click Capital.