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Beam - About the company

Beam is a seed company based in New York City (United States), founded in 2021 by Luke Lombardi and Eli Mernit. It operates as a Provider of AI and cloud-based solutions to develop GPU, API, and ML models. Beam has raised $4M in funding from Y Combinator and Tiger Global Management. The company has 239 active competitors, including 48 funded and 14 that have exited. Its top competitors include companies like CoreWeave, Tuya and Together AI.

Company Details

Provider of AI and cloud-based solutions to develop GPU, API, and ML models. It offers solutions to manage the complexity of the infrastructure. It deploys serverless APIsasync webhooks scheduled cron jobs, including autoscaling, telemetry, and auth. It develops solutions to generate images, conversational AI, and video transcription.
Email ID
*****@slai.io
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Seed
Total Funding
$4M in 2 rounds
Latest Funding Round
Ranked
Employee Count
3 as on Jul 31, 2026
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Beam's funding and investors

Beam has raised a total funding of $4M over 2 rounds. Its first funding round was on Jan 2022. Its latest funding round was a Seed round on May 10, 2022 for $*****. 8 investors participated in its latest round. Beam has 12 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Beam:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 10, 2022
6530861
Seed
4629867
8237226
7255913
7044837
Jan 2022
3642196
Seed
5022769
9478454
6847901
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Beam's founders and board of directors

Founder? Claim Profile
The founders of Beam are Luke Lombardi and Eli Mernit. Eli Mernit is the CEO of Beam.
Here are the details of Beam's key team members:

Beam's employee count trend

Beam has 3 employees as of Jul 26. Here is Beam's employee count trend over the years:
Employee count trend for Beam
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Beam's Competitors and alternates

Top competitors of Beam include CoreWeave, Tuya and Together AI. Here is the list of Top 10 competitors of Beam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CoreWeave
CoreWeave
2017, Livingston (United States), Public
Provider of cloud computing services for artificial intelligence workloads
$2.38B
75/100
2nd
Logo for Tuya
Tuya
2014, Santa Clara (United States), Public
Provider of AI cloud platform services for smart product development
$200M
74/100
3rd
Logo for Together AI
Together AI
2022, San Francisco (United States), Series C
Provider of a platform for developing, fine-tuning, and deploying AI models
$1.33B
73/100
4th
Logo for Theta Token
Theta Token
2016, Cupertino (United States), Series A
Decentralized video delivery platform
$9.26M
70/100
5th
Logo for FluidStack
FluidStack
2017, New York City (United States), Series A
Provider of managed high performance computing clusters for artificial intelligence
$1.88B
70/100
6th
Logo for exaBITS
exaBITS
2021, San Mateo (United States), Seed
Decentralized GPU computing infrastructure for AI workloads
$20M
67/100
7th
Logo for Neysa
Neysa
2023, Mumbai (India), Series B
Provider of AI acceleration cloud system with infrastructure and services
$650M
66/100
8th
Logo for Crusoe
Crusoe
2018, Denver (United States), Series E
Operator of cloud platform providing infrastructure for artificial intelligence workloads
$2.77B
66/100
9th
Logo for E2E Networks
E2E Networks
2009, Delhi (India), Public
Provider of cloud infrastructure for artificial intelligence and machine learning
$487K
66/100
10th
Logo for Ori
Ori
2018, London (United Kingdom), Acquired
Provider of a full-stack AI cloud platform with flexible deployment options
$178M
65/100
56th
Logo for Beam
Beam
2021, New York City (United States), Seed
Provider of AI and cloud-based solutions to develop GPU, API, and ML models
$4M
36/100
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Beam's Investments and acquisitions

Beam has made no investments or acquisitions yet.

Reports related to Beam

Here is the latest report on Beam's sector:

News related to Beam

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FAQs about Beam

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