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 301 active competitors, including 52 funded and 12 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.
- Website
- www.beam.cloud/
- 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
Investors
Ranked
55th among 301 active competitors
Employee Count
4 as on Apr 30, 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 | 9958165 | Seed | 4404752 | 1481053 | 9838967 | 1407004 |
Jan 2022 | 7309331 | Seed | 5555982 | 4456769 | 6557440 |
View details of Beam's funding rounds and investors
Beam's founders and board of directors
Founder? Claim ProfileHere are the details of Beam's key team members:
- Luke Lombardi: Co-Founder of Beam and founder of 1 other company. Contact Info: 2 email addresses
- Eli Mernit: Co-Founder & CEO of Beam and founder of 1 other company. Contact Info: 2 email addresses
View details of Beam's Founder profiles and Board Members
Beam's employee count trend
Beam has 4 employees as of Apr 26. Here is Beam's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CoreWeave 2017, New York City (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 75/100 | |
2nd | Tuya 2014, Santa Clara (United States), Public | Provider of AI cloud platform services for smart product development | $200M | 74/100 | |
3rd | Together AI 2022, San Francisco (United States), Series B | Provider of a platform for developing, fine-tuning, and deploying AI models | $534M | 72/100 | |
4th | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 71/100 | |
5th | Provider of AI acceleration cloud system with infrastructure and services | $650M | 70/100 | ||
6th | FluidStack 2017, New York City (United States), Series B | Provider of managed high performance computing clusters for artificial intelligence | $1.05B | 69/100 | |
7th | exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
8th | Crusoe 2018, Denver (United States), Series E | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $2.77B | 67/100 | |
9th | E2E Networks 2009, Delhi (India), Public | Provider of cloud infrastructure for artificial intelligence and machine learning | $487K | 65/100 | |
10th | Ori 2018, London (United Kingdom), Acquired | Provider of a full-stack AI cloud platform with flexible deployment options | $178M | 65/100 | |
55th | 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.
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