About DoubleBeam
DoubleBeam is a company based in Pasadena (United States) founded in 2011 was acquired by OLB Group in May 2020.. DoubleBeam has raised $1.06 million across 1 funding round from investors including Verifone and OLB Group. DoubleBeam offers products and services including DoubleBeam POS Software, POS Hardware Bundles, and Mobile POS. DoubleBeam operates in a competitive market with competitors including Square, RELEX, Zettle, ShopKeep and Wasoko, among others.
- Headquarter Pasadena, United States
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Sectors
RetailTechnology
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Phone
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Website
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Social
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Products & Services of DoubleBeam
DoubleBeam offers a comprehensive portfolio of products and services, including DoubleBeam POS Software, POS Hardware Bundles, and Mobile POS. 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.
Cloud-based software for processing transactions and managing inventory securely.
Affordable bundles with tablets and readers for quick retail setup and operations.
Application for on-the-go transactions using phones in retail environments.
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Software Development Team
75 people
Sales and Marketing
36 people
Operations Team
27 people
Finance and Accounting
27 people
Leadership Team
24 people
Senior Team
11 people
Legal and Compliance
9 people
Country Team
6 people
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Funding Insights of DoubleBeam
DoubleBeam has successfully raised a total of $1.06M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.06 million completed in May 2012. 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(23 May 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Seed - DoubleBeam | 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 DoubleBeam
DoubleBeam has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Verifone and OLB Group. 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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Omni-channel payments solutions are provided for businesses worldwide.
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Founded Year | Domain | Location | |
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Omni-commerce software solutions are provided for merchant operations.
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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 DoubleBeam
| 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 - DoubleBeam
| 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 |
Doublebeam Comparisons
Competitors of DoubleBeam
DoubleBeam 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 Square, RELEX, Zettle, ShopKeep and Wasoko, 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 |
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about DoubleBeam
When was DoubleBeam founded?
DoubleBeam was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is DoubleBeam located?
DoubleBeam is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Is DoubleBeam a funded company?
DoubleBeam is a funded company, having raised a total of $1.06M across 1 funding round to date. The company's 1st funding round was a Seed of $1.06M, raised on May 23, 2012.
What does DoubleBeam do?
DoubleBeam was founded in 2011 in Pasadena, United States, as a provider in the mobile payments sector. Cloud-based solutions are offered to integrate with existing POS systems, enabling analysis of customer purchasing behavior and the creation of targeted promotions. Back-office management, reporting, employee performance tracking, and loyalty programs are included. Hardware such as tablets, POS terminals, and cash drawers is also supplied for businesses including cafeterias, food trucks, and restaurants.
Who are the top competitors of DoubleBeam?
What products or services does DoubleBeam offer?
DoubleBeam offers DoubleBeam POS Software, POS Hardware Bundles, and Mobile POS.