Beam Solutions

Mountain View, United States Founded: 2016 • Age: 10 yrs Acquired By Jumio
Transaction monitoring compliance solutions are provided for financial institutions.

About Beam Solutions

Beam Solutions is an Industrial Goods & Manufacturing company based in Mountain View (United States) founded in 2016, and was acquired by Jumio in September 2020. Transaction monitoring compliance solutions are provided for financial institutions. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. The company was acqui-hired. Its focus areas include FinTech, Banking Tech, RegTech and Onboarding KYC and AML. Its competitors include Riskified, Entrust and Signifyd; 2 of its 3 listed competitors have raised funding.

Company details

Beam Solutions was founded in 2016 and is headquartered in Mountain View, United States. Compliance solutions for transaction monitoring are offered to banks, broker-dealers, blockchain entities, and regulated financial groups. An API-based SaaS platform is utilized to reduce false positives and improve monitoring processes. Machine learning technology is applied to support AML, KYC, and SAR regulatory requirements in the financial sector.

Key Metrics
  • Latest Funding Round
    $2M (USD), Debt – Venture

    Feb 2019

  • Investors
    SVB

    & 3 more

  • Acquired by
    Jumio

    (Sep 2020)

Apps and channels of Beam Solutions

its YouTube channel Jumio has 1.72K subscribers and 30 videos.

Jumio
YouTube 1.72K subscribers 30 videos Science & Technology
Open channel

Videos from Beam Solutions

The most watched videos on Beam Solutions's YouTube channel, Jumio (1.72K subscribers). Click a video to play it here.

Jumio Identity Verification
5.5K views
Jumio Identity Solutions for Airports
1K views
Jumio Company Overview
1K views
Jumio Liveness - Advanced Deepfake Detection
875 views

More on Jumio.

Funding Insights of Beam Solutions

  • Total Rounds 2
  • Last Round Debt – Venture β€” $2M
  • Investors Count 3

All 2 funding rounds of Beam Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$2MDebt – Venture––
Feb 2019Series A–Greycroft
Valuation history

4 investors in total: 4 institutional.

Investors in Beam Solutions

Beam Solutions has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Jumio and Canaan.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are targeted for venture capital investments by Greycroft.
greycroft.comNew York, United States
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
AI-powered identity verification and fraud protection solutions are provided.
2010jumio.comSunnyvale, United States
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Investor details for Beam Solutions

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Beam Solutions

158 people are tracked at Beam Solutions (51 in leadership, 7 in board & advisors, 100 in team).

NameRoleGroup
Cassandra M Silva
HR Business Partner, People & CultureLeadership
Robert E. Prigge
Chief Executive Officer, Board MemberLeadership
Philipp Pointner
Chief of Digital IdentityLeadership
Martin Diewald
Senior Human Resources Business PartnerLeadership
Praveen P
Director Sales OperationsLeadership
Dan Russon
Global Vp, People And CultureLeadership
Stuart Wells
Chief Technology OfficerLeadership
Simon Winchester
Vp, Global Account Management & GrowthLeadership
Ian Thomas
Director Of Account Management, EMEA - JumioLeadership
Jack Ang
Senior Director, Account Management APACLeadership
Luke Underwood
Director Of Customer SuccessLeadership
Vidhan Mittal
Director, Strategic AccountsLeadership
Craig Fetterman
Director, Solutions Engineering, AmericasLeadership
Samer Atassi
Vp, Latin America & CaribbeanLeadership
Micah Willbrand
VP, Product, AML ServicesLeadership
Bala Kumar
Chief Product & Technology OfficerLeadership
Abby Messier
Product Marketing DirectorLeadership
Artem Voronin
Director Of Artificial IntelligenceLeadership
• Amy Miller-Smith
Director, Senior Corporate CounselLeadership
Camille Dee
Director, People & CultureLeadership

138 more people are available in the full profile.

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Complete people profiles for Beam Solutions

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Beam Solutions

3 dated milestones of Beam Solutions across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Beam Solutions is founded.
  2. Funding First funding round.
  3. Exit Acquired by Jumio.

Competitors of Beam Solutions

Beam Solutions has 3 listed competitors in our database, 2 of them funded. They include Riskified, Entrust and Signifyd.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
entrust.com1969Dallas, United States108
Provider of digital identity management solutions
signifyd.com2011Palo Alto, United States$394.38M399
Provider of fraud prevention and payment validation for online retailers
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Detailed competitors of Beam Solutions

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Physical Security & Surveillance

3 companies that operate in the same segment as Beam Solutions (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Autonomous drones and AI pilots for fighter jets are developed.
2015San Diego, California, United StatesUSD 3.52 B1,965
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Related news about Beam Solutions

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Complete news archive for Beam Solutions

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Verified entity values are shown only after access is granted.

Frequently Asked Questions about Beam Solutions

Beam Solutions was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Beam Solutions is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Beam Solutions was founded in 2016 and is headquartered in Mountain View, United States. Compliance solutions for transaction monitoring are offered to banks, broker-dealers, blockchain entities, and regulated financial groups. An API-based SaaS platform is utilized to reduce false positives and improve monitoring processes. Machine learning technology is applied to support AML, KYC, and SAR regulatory requirements in the financial sector.

Beam Solutions's top competitors include Riskified, Signifyd and Entrust.

Beam Solutions has 4 investors. Key investors include SVB, Jumio, Canaan, and Greycroft.

Yes. Beam Solutions was acquired by Jumio in September 2020.

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