About Beroe
Beroe is a Technology company based in Raleigh (United States) founded in 2005 by Robert Handfield, Vel Dhinagaravel, and Mitch Javidi. Procurement insights and supplier ratings are delivered across industries. 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 980 employees. Beroe has completed 2 acquisitions, including Forestreet and nnamu. Beroe was last valued at $16.12 million in April 2016. Its chief executive, as recorded, is Vel Dhinagaravel. Its website beroeinc.com draws about 24 thousand monthly visits. Its Indian entity Beroe Consulting India Private Limited reported revenue of ₹416 Cr. Beroe offers products and services including Beroe Live.ai, Abi, and DataHub. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Source To Pay. Its competitors include Craft, Avetta and APEX Analytix; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Raleigh, United States
- Employees 980
- Founders Robert Handfield, Vel Dhinagaravel, Mitch Javidi
- Stage Minicorn
- SectorsTechnology
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website beroeinc.com
- Social LinkedIn X Facebook Instagram
- Legal Name Beroe Consulting India Private Limited
- Date of Incorporation 31 Aug, 2005
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹416 Cr
FY 2025 · +27% YoY
- Indian entity net profit₹75.23 Cr
FY 2025 · 18% margin
- Indian entity EBITDA₹136 Cr
FY 2025 · 33% margin
- Total Equity Funding$45.25M (USD)
in 4 rounds
- Latest Funding Round$34M (USD), Series B
Sep 2025
- InvestorsAccess Asset Managers
& 25 more
- Employee Count980
- Investments & AcquisitionsForestreet
& 1 more
Associated legal entities of Beroe
Beroe operates through Beroe Consulting India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Beroe Consulting India Private Limited CIN U74210TN2005PTC057368 | Active | 31 Aug 2005 | Chennai, Tamil Nadu | ₹416 Cr | 536 | 3 | View details |
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
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.
- Total Funding $45.25M
- Total Rounds 4
- Last Round Series B — $34M
- First Round $246,661
(Aug 2007)
- Investors Count 26
All 4 funding rounds of Beroe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $34M | Series B | – | – | |
| Mar 2018 | $1M | Series A | – | Alyssum Investments | – |
| Apr 2016 | $10M | Series A | $16.12M | Access Asset Managers, Alyssum Investment | |
| Aug 2007 | $246,661 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2016 | $16.12M | •••••••• |
Last known valuation $16.12M (Apr 2016). 26 investors in total: 5 institutional and 21 angel.
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 |
|---|---|---|---|---|
Investments are managed by Access India Partners focusing on market leaders. | accesspe.in | Mumbai, India | ||
Growth equity investing platform focused on financial services and megatrends in India. | 2019 | relativityia.com | Mumbai, India | |
Long/Short equity hedge fund | alchemycapital.com | Mumbai, India | ||
TA Tosha Arpit Patel | unknown_a4fd3d7d06c64f23b | |||
AT Asuthosh Taparia | unknown_d9e2cf8ef35e42a78 | |||
JP Jyothi Prasad Taparia | unknown_6fa6c300c1e54fca9 | |||
ST Sanjeev Taparia | unknown_abd1c3017ff742d8a | |||
BG Bharatibhen Girishbhai Patel | unknown_4055e3eefc6b4061b |
Investor details for Beroe
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Board of directors of Beroe Consulting India Private Limited (Beroe)
Beroe Consulting India Private Limited is the primary company behind Beroe. The board of Beroe Consulting India Private Limited currently have 3 directors; the longest-serving is Amudhanvel Dhinagaravel, appointed in 2005. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amudhanvel Dhinagaravel DIN 02882005 | Managing Director | 31 Aug 2005 | 21 yrs 2 mo | Beroe Consulting India Private Limited |
| Dhinagaravale Bhavani DIN 01444049 | Director | 31 Aug 2005 | 21 yrs 2 mo | Beroe Consulting India Private Limited |
| Nilesh Bansilal Mehta DIN 00199071 | Additional Director | 28 Apr 2016 | 10 yrs 6 mo | Beroe Consulting India Private Limited |
People of Beroe
165 people are tracked at Beroe (23 in leadership, 142 in team); the tracked headcount is 980.
| Name | Role | Group |
|---|---|---|
Robert Handfield | Co-Founder | Leadership |
Vel Dhinagaravel | Co-Founder & CEO | Leadership |
Mitch Javidi | Co-Founder | Leadership |
Shashi Dubey | Associate Director | Leadership |
Pradeep Joseph | Head Of Sales Development | Leadership |
Purnima Jagannathan | Head AI And Data Products | Leadership |
Santhana Ramakrishnan A V | Associate Vice President - Presales & Solution Consulting | Leadership |
Kavit Vohora | Vice President Of Business Development | Leadership |
Mishtun Chatterjee | Director- Marketing Operations, Sales Support & Analytics | Leadership |
Carina Hoogeveen | Chief Marketing Officer | Leadership |
Harold Weaver | Director And Head Of Product Design | Leadership |
Prerna Dhawan | Chief Product Officer | Leadership |
Amit Goel | Chief Solutions Architect | Leadership |
Padmanabhan Mp | Technology Delivery Head | Leadership |
Snehal Mujumdar | Associate Director | Leadership |
Arun David Ambrose | VP, Content Development & Research Services | Leadership |
Praveen Dahiya | VP, Content Development & Research Services | Leadership |
Hemant Nadkarni | Group VP, Business Development | Leadership |
Supriyo Mukhopadhyay | CTO | Leadership |
Valekumar Krishnan | Chief Content Officer | Leadership |
145 more people are available in the full profile.
Complete people profiles for Beroe
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Financials of Beroe
Figures of Beroe Consulting India Private Limited, the primary company behind Beroe, for FY 2025. Revenue was ₹416 Cr (+27% year on year). Net profit was ₹75.23 Cr (18% margin). EBITDA was ₹136 Cr (33% margin). Revenue has grown at a compounded annual rate of +24% over three years and +35% over five years.
- ₹416 CrRevenue · FY 2025 · +27% YoY
- ₹75.23 CrNet profit · 18% margin
- ₹136 CrEBITDA · 33% margin
- ₹6.1 LakhPaid-up capital
- 536Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Beroe Consulting India Private Limited are on its company page.
Detailed financial statements for Beroe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An AI platform is provided for supplier and market intelligence. | forestreet.com | London, United Kingdom | 2017 | Sep 2025 | •••• | |
Business strategy consulting services are provided to clients. | nnamu.com | Munich, Germany | 2022 | Mar 2025 | •••• |
Complete acquisition details for Beroe
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Timeline of Beroe
6 dated milestones of Beroe across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Beroe is founded.
- Funding First funding round of $247K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires nnamu.
- Acquisition Acquires Forestreet.
- Funding Latest funding round, Series B, of $34.0M.
Competitors of Beroe
Beroe has 3 listed competitors in our database, 3 of them funded. They include Craft, Avetta and APEX Analytix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| craft.co | 2014 | Francisco, United States | $42M | 51 | Craft is recognized for providing supply chain resilience solutions. | |
| avetta.com | 2003 | Lehi, United States | $35M | 390 | Supply chain risk management and supplier pre-qualification platform | |
| apexanalytix.com | 1988 | Greensboro, United States | $7M | 316 | Audit and supplier management solutions are offered to businesses. |
Detailed competitors of Beroe
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Web traffic of Beroe
The website of Beroe (beroeinc.com) receives about 23.7K visits a month and ranks #1,247,396 among all websites worldwide, #10,163 in Business Services.
- Monthly visits23.7K
▲ 8.3% vs previous month
- Unique visitors8.6K
per month
- Global rank#1,247,396
among all websites
- Category rank#10,163
Business and Consumer Services · Business Services
- Bounce rate40%
- Pages per visit2.1
- Average visit58 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Beroe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| procurementiq.com | 100% | #2,248,838 | View details | ||
| deep.stream | 98% | 12.1K | #1,989,805 | View details | |
| procurementleaders.com | 87% | 12.1K | #2,014,815 | View details | |
| cietrade.com | 85% | #3,724,963 | View details | ||
| resilinc.com | 83% | 5.8K | #2,962,622 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Beroe
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- 22 similar websites
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Top companies in Procurement & Supply Chain IT
3 companies that operate in the same segment as Beroe (Procurement & Supply Chain IT) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 38.56 M | 3,711 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 | ||
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | USD 5.43 B | 9,900 |
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Related news about 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 CEO of Beroe, as recorded in our data. They have also founded this company.
Beroe is a funded company, having raised a total of $45.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $246.66K, raised on Aug 2007.
Beroe has 980 employees.
The primary company behind Beroe, Beroe Consulting India Private Limited, reported revenue of ₹416 Cr for FY 2025, up 27% year on year.
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's top competitors include Craft, Avetta and APEX Analytix.
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.