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 $44.25 million across 3 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
$44.25 M (USD)
in 3 rounds
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Latest Funding Round
$34 M (USD), Series B
Sep 26, 2025
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Investors
Access Asset Managers
& 24 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. 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.
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
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Funding Insights of Beroe
Beroe has successfully raised a total of $44.25M across 3 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 Total Funding
- Total Rounds 3
- Last Round Series B — $34.0M
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First Round
First Round
(31 Aug 2007)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - Beroe | Valuation |
investors |
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| Apr, 2016 | Amount | Series A - Beroe | Valuation | Access Asset Managers , Alyssum Investment | |
| Aug, 2007 | Amount | Seed - Beroe | Valuation |
investors |
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| 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 Beroe
Beroe has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Access Asset Managers, Relativity Investment Advisors and Tosha Arpit Patel. 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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Investments are managed by Access India Partners focusing on market leaders.
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Founded Year | Domain | Location | |
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Growth equity investing platform focused on financial services and megatrends in India.
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Founded Year | Domain | Location | |
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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 Beroe
Beroe has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Forestreet and nnamu. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Business strategy consulting services are provided to clients.
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2022 | ||||
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An AI platform is provided for supplier and market intelligence.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Beroe
| 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 |
Beroe Comparisons
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. 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 |
Craft is recognized for providing supply chain resilience solutions.
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| domain | founded_year | HQ Location |
Supply chain risk management and supplier pre-qualification platform
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| domain | founded_year | HQ Location |
Cloud-enabled supplier collaboration solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Audit and supplier management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
BI for government contractors
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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 Beroe
Frequently Asked Questions about Beroe
When was Beroe founded?
Beroe was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Beroe located?
Beroe is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Who is the current CEO of Beroe?
Vel Dhinagaravel is the current CEO of Beroe. They have also founded this company.
Is Beroe a funded company?
Beroe is a funded company, having raised a total of $44.25M across 3 funding rounds to date. The company's 1st funding round was a Seed of $246.66K, raised on Aug 31, 2007.
How many employees does Beroe have?
As of Apr 09, 2024, the latest employee count at Beroe is 536.
What is the annual revenue of Beroe?
Annual revenue of Beroe is $9.62M as on Mar 31, 2022.
What does Beroe do?
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.
What products or services does Beroe offer?
Beroe offers Beroe Live.ai, Abi, and DataHub.
How many acquisitions has Beroe made?
Beroe has made 2 acquisitions, including Forestreet, and nnamu.
Who are Beroe's investors?
Beroe has 25 investors. Key investors include Access Asset Managers, Relativity Investment Advisors, Tosha Arpit Patel, Asuthosh Taparia, and Jyothi Prasad Taparia.
What is Beroe's valuation?
The valuation of Beroe is $16.12M as of Apr 2016.
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