About Beam
Beam is a company based in San Francisco (United States) founded in 2022 by Adam Eagle. It operates as a SaaS (Software-as-a-Service), and Freemium. Beam has raised $15 million across 2 funding rounds from investors including Accel, RXR and Zigg Capital. Beam offers products and services including Beam Software, AI Estimating Assistant, and Beam Card. Beam operates in a competitive market with competitors including Built, Nvoicepay, Solo Technologies, Levelset and Briq, among others.
- Headquarter San Francisco, United States
- Founders Adam Eagle
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Sectors
Real Estate & ConstructionTechnology Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Beam Finance Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Series A
Feb 12, 2025
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Investors
Accel
& 6 more
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Employee Count
Employee Count
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Products & Services of Beam
Beam offers a comprehensive portfolio of products and services, including Beam Software, AI Estimating Assistant, and Beam Card. 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.
Software for managing construction projects and finances efficiently.
AI tool for creating and editing construction estimates quickly.
Charge card for automating expense management in construction.
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Funding Insights of Beam
Beam has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in February 2025. 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 2
- Last Round Series A — $11.0M
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First Round
First Round
(23 Mar 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Beam | Valuation | Zigg Capital | |
| Mar, 2023 | Amount | Seed - Beam | Valuation | Accel |
| 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
Beam has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, RXR and Zigg Capital. 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital is invested in consumer and enterprise software services.
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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
| 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
| 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 Comparisons
Competitors of Beam
Beam 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 Built, Nvoicepay, Solo Technologies, Levelset and Briq, 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 |
Cloud-based management of construction loan life cycles is provided.
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| domain | founded_year | HQ Location |
AP automation, commercial cards, and cross-border payments are provided.
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| domain | founded_year | HQ Location |
Online platform offering income, and expenses tracking solutions to individuals
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| domain | founded_year | HQ Location |
Levelset is focused on construction payment and lien rights management.
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| domain | founded_year | HQ Location |
Briq is recognized for developing autonomous work platforms.
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| domain | founded_year | HQ Location |
Provider of B2B net terms financing and accounts receivable automation
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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
Frequently Asked Questions about Beam
When was Beam founded?
Beam was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Beam located?
Beam is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Beam?
Adam Eagle is the current CEO of Beam. They have also founded this company.
Is Beam a funded company?
Beam is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Mar 23, 2023.
What does Beam do?
Beam is established as a developer of construction management software and financial tools tailored for contractors. The company operates within the construction technology sector, offering solutions for estimating, invoicing, project management, and expense tracking. Services are provided to home builders, remodelers, trade contractors, and commercial general contractors across the United States. Integration with tools like QuickBooks is supported to enhance operational efficiency. AI-driven features and secure online payment systems are included to improve project profitability and client trust.
Who are the top competitors of Beam?
Beam's top competitors include Solo Technologies, Built and Nvoicepay.
What products or services does Beam offer?
Beam offers Beam Software, AI Estimating Assistant, and Beam Card.
Who are Beam's investors?
Beam has 7 investors. Key investors include Accel, RXR, Zigg Capital, Teamworthy Ventures, and 20SALES.
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