About Beroe
Beroe is a company based in Raleigh (United States) founded in 2005 by Robert Handfield, Vel Dhinagaravel, and Mitch Javidi. Beroe has raised $45.25 million across 4 funding rounds from investors including Access Asset Managers, Relativity Investment Advisors and Tosha Arpit Patel. The company has 536 employees as of April 09, 2024. Beroe has completed 2 acquisitions, including Forestreet and nnamu. Beroe offers products and services including Beroe Live.ai, Abi, and DataHub. Beroe operates in a competitive market with competitors including Craft, Avetta, Nulogy, APEX Analytix and Govini, among others.
- Headquarter Raleigh, United States
- Employees 536 as on 09 Apr, 2024
- Founders Robert Handfield, Vel Dhinagaravel, Mitch Javidi
- Stage Minicorn
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Sectors
Technology
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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 Beroe Consulting India Private Limited
- Date of Incorporation 31 Aug, 2005
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$9.62 M (USD)19.74as on Mar 31, 2022
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Net Profit
$379.25 K (USD)-37.06as on Mar 31, 2022
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EBITDA
$1.51 M (USD)-1.62as on Mar 31, 2022
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Total Equity Funding
$45.25 M (USD)
in 4 rounds
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Latest Funding Round
$34 M (USD), Series B
Sep 26, 2025
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Investors
Access Asset Managers
& 25 more
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Employee Count
536
as on Apr 09, 2024
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Investments & Acquisitions
Forestreet
& 1 more
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Products & Services of Beroe
Beroe offers a comprehensive portfolio of products and services, including Beroe Live.ai, Abi, and DataHub.
AI tool for real-time procurement insights and category monitoring
Digital analyst providing proactive alerts and market intelligence
Platform for merging market data with internal workflows
People of Beroe
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Funding Insights of Beroe
Beroe has successfully raised a total of $45.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in September 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.
Investors in Beroe
Beroe has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Access Asset Managers, Relativity Investment Advisors and Tosha Arpit Patel.
| Investor | Description | Founded Year | Domain | Location |
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Investments are managed by Access India Partners focusing on market leaders.
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Growth equity investing platform focused on financial services and megatrends in India.
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Investor details for Beroe
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Investments & Acquisitions by Beroe
Beroe has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Forestreet and nnamu.
Investment portfolio details for Beroe
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Business strategy consulting services are provided to clients.
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An AI platform is provided for supplier and market intelligence.
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Locked | Locked | 2017 | Locked |
Complete acquisition details for Beroe
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Financial Statements - Beroe
Detailed financials for Beroe
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Beroe Comparisons
Peer comparison for Beroe
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Competitors of Beroe
Beroe 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 Craft, Avetta, Nulogy, APEX Analytix and Govini, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Craft is recognized for providing supply chain resilience solutions.
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Supply chain risk management and supplier pre-qualification platform
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Cloud-enabled supplier collaboration solutions are provided to businesses.
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Audit and supplier management solutions are offered to businesses.
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BI for government contractors
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Detailed competitors of Beroe
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Latest news on Beroe
Complete news archive for Beroe
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Frequently Asked Questions about Beroe
Beroe was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Beroe is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Vel Dhinagaravel is the current CEO of Beroe. They have also founded this company.
Beroe is a funded company, having raised a total of $45.25M across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Beroe is 536.
Annual revenue of Beroe is $9.62M as on Mar 31, 2022.
Beroe was founded in 2005 and is headquartered in Raleigh, United States. Data and insights on procurement are provided across sectors such as pharmaceuticals, chemicals, mining, and energy. Services encompass green procurement for carbon footprint analysis, market intelligence for industry benchmarks, and supply chain intelligence for ecosystem and disruption assessments. Coverage includes over 15,000 suppliers and a peer community exceeding 7,000 companies, based on 2017 figures.
Beroe offers Beroe Live.ai, Abi, and DataHub.
Beroe has made 2 acquisitions, including Forestreet, and nnamu.
Beroe has 26 investors. Key investors include Access Asset Managers, Relativity Investment Advisors, Tosha Arpit Patel, Asuthosh Taparia, and Jyothi Prasad Taparia.
The valuation of Beroe is $16.12M as of Apr 2016.