About The Bee
The Bee is a company based in Indianapolis (United States) founded in 2016 by Ellie Symes and Wyatt Wells.. The Bee has raised $3.56 million across 10 funding rounds from investors including IU Ventures, Flywheel Ventures and Elevate Ventures. The company has 13 employees as of December 31, 2022. The Bee operates in a competitive market with competitors including BeeHero, AgriSound and Hive Lend, among others.
- Headquarter Indianapolis, United States
- Employees 13 as on 31 Dec, 2022
- Founders Ellie Symes, Wyatt Wells
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Bee Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.56 M (USD)
in 10 rounds
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Latest Funding Round
$1.27 M (USD), Series A
Mar 25, 2022
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Investors
IU Ventures
& 7 more
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Employee Count
13
as on Dec 31, 2022
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Funding Insights of The Bee
The Bee has successfully raised a total of $3.56M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $1.27 million completed in March 2022. 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 10
- Last Round Series A — $1.3M
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First Round
First Round
(08 Jul 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - The Bee | Valuation | Flywheel Ventures | |
| Dec, 2021 | Amount | Series A - The Bee | Valuation |
investors |
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| Aug, 2020 | Amount | Series A - The Bee | Valuation | Elevate Ventures , IU Ventures |
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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 The Bee
The Bee has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IU Ventures, Flywheel Ventures and Elevate Ventures. 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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Founded Year | Domain | Location | |
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Flywheel Ventures is focused on building innovative global solutions.
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Founded Year | Domain | Location | |
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Early-stage investments are made in diverse sectors by the firm.
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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 The Bee
| 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 - The Bee
| 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 |
The Bee Comparisons
Competitors of The Bee
The Bee 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 BeeHero, AgriSound and Hive Lend, 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 |
Beehive monitoring and pollination intelligence are provided via online platform.
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| domain | founded_year | HQ Location |
Pollination is managed through acoustic technology and environmental sensors.
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| domain | founded_year | HQ Location |
Online platform for farmers to procure bees for pollination
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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 The Bee
Frequently Asked Questions about The Bee
When was The Bee founded?
The Bee was founded in 2016.
Where is The Bee located?
The Bee is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of The Bee?
Ellie Symes is the current CEO of The Bee. They have also founded this company.
Is The Bee a funded company?
The Bee is a funded company, having raised a total of $3.56M across 10 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Jul 08, 2016.
How many employees does The Bee have?
As of Dec 31, 2022, the latest employee count at The Bee is 13.
What does The Bee do?
The Bee was founded in 2016 in Indianapolis, United States, as a developer of software for hive monitoring in the apiculture sector. Real-time data on hive conditions is provided to commercial bee-keepers through integrated sensors. Insights are generated using data analytics to support decision-making. Operations focus on software solutions that enhance hive management for agricultural applications.
Who are the top competitors of The Bee?
Who are The Bee's investors?
The Bee has 8 investors. Key investors include IU Ventures, Flywheel Ventures, Elevate Ventures, THRIVE Agrifood, and America’s Seed Fund.