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Beam - About the company

Beam is a series A company based in Tel Aviv (Israel), founded in 2017. It operates as a Privacy-focused cryptocurrency based on MimbleWimble blockchain. Beam has raised $5M in funding from Recruit Strategic Partners. The company has 448 active competitors, including 23 funded and 7 that have exited. Its top competitors include companies like Bitcoin, Dash and Zcash Electric Coin Company.

Company Details

Privacy-focused cryptocurrency based on MimbleWimble blockchain. Transactions are kept private and transaction information is not stored in the blockchain. Мultiple asset types such as real estate tokens, corporate debts and other cryptocurrencies can be created & exchanged via BEAM transactions mechanism.
Website
beam.mw
Social
X
Registered Address
FRASER STREET Pincode : 189352
Key Metrics
Founded Year
2017
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$5M in 2 rounds
Latest Funding Round
Ranked
Employee Count
17 as on Jun 30, 2026
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Beam's funding and investors

Beam has raised a total funding of $5M over 2 rounds. Its first funding round was on Feb 18, 2019. Its latest funding round was a Series A round on May 20, 2021 for $*****. 11 investors participated in its latest round. Beam has 14 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 20, 2021
6140184
Series A
3235266
3322410
5316901
4326059
Feb 18, 2019
9981316
Seed
3950504
9828409
6901482
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Beam's founders and board of directors

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Beam's employee count trend

Beam has 17 employees as of Jun 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 Bitcoin, Dash and Zcash Electric Coin Company. 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 Bitcoin
Bitcoin
2009, Las Vegas (United States), Public
Decentralized P2P cryptocurrency for payments
$100M
72/100
2nd
Logo for Dash
Dash
2014, Scottsdale (United States), Series B
Digital currency for making payments
$16.2M
68/100
3rd
Privacy-protecting digital currency enabling private peer-to-peer electronic cash transactions
-
56/100
4th
Logo for Request Network
Request Network
2017, Singapore (Singapore), Seed
Decentralized payment network
$5.62M
56/100
5th
Logo for Litecoin
Litecoin
2011, Singapore (Singapore), Funding Raised
Network providing a digital currency for payments, transfers, and transactions
-
-
55/100
6th
Logo for Beam
Beam
2017, Tel Aviv (Israel), Series A
Privacy-focused cryptocurrency based on MimbleWimble blockchain
$5M
55/100
7th
Logo for BitMinutes
BitMinutes
2017, New York City (United States), Funding Raised
Financial inclusion through prepaid minutes, transfers, payments, and microloans
-
51/100
8th
Logo for Litecoin Project
Litecoin Project
2011, San Francisco (United States), Series A
Open-source P2P digital currency enabling instant, near-zero cost global payments
-
51/100
9th
Logo for fuse.io
fuse.io
2014, Tel Aviv (Israel), Series A
Blockchain-enabled decentralized payment solution
$5M
51/100
10th
Logo for AXEL
AXEL
2013, Las Vegas (United States), Funding Raised
Digital currency focused on payments
-
-
48/100
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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

Beam to Split Its Blockchain Next MonthFinance MagnatesJul 18, 2019Beam
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FAQs about Beam

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