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
- 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
Investors
Ranked
6th among 448 active competitors
Employee Count
17 as on Jun 30, 2026
Legal entities associated with Beam
Beam is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEAM FOUNDATION LTD. CIN: 201919818W , Singapore, Active | Jun 19, 2019 | - | - |
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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 |
View details of Beam's funding rounds and investors
Beam's founders and board of directors
Founder? Claim ProfileBeam's employee count trend
Beam has 17 employees as of Jun 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 Bitcoin, Dash and Zcash Electric Coin Company. 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 | Bitcoin 2009, Las Vegas (United States), Public | Decentralized P2P cryptocurrency for payments | $100M | 72/100 | |
2nd | Dash 2014, Scottsdale (United States), Series B | Digital currency for making payments | $16.2M | 68/100 | |
3rd | Zcash Electric Coin Company 2016, Boulder (United States), Seed | Privacy-protecting digital currency enabling private peer-to-peer electronic cash transactions | - | 56/100 | |
4th | Request Network 2017, Singapore (Singapore), Seed | Decentralized payment network | $5.62M | 56/100 | |
5th | Network providing a digital currency for payments, transfers, and transactions | - | - | 55/100 | |
6th | Privacy-focused cryptocurrency based on MimbleWimble blockchain | $5M | 55/100 | ||
7th | BitMinutes 2017, New York City (United States), Funding Raised | Financial inclusion through prepaid minutes, transfers, payments, and microloans | - | 51/100 | |
8th | Litecoin Project 2011, San Francisco (United States), Series A | Open-source P2P digital currency enabling instant, near-zero cost global payments | - | 51/100 | |
9th | Blockchain-enabled decentralized payment solution | $5M | 51/100 | ||
10th | AXEL 2013, Las Vegas (United States), Funding Raised | Digital currency focused on payments | - | - | 48/100 |
Looking for more details on Beam's competitors? Click here to see the top ones
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 (BEAM) Investors Invest In The Era Of A.I Trading Technology With Massive ROIBitcoin Insider•Feb 15, 2024•Beam, Option2Trade
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Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past YearCrowdfund Insider•Jan 09, 2023•Beam
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Blockpass and Beam Collaborate on Research to Provide User-Centric Solutions that put Privacy FirstACN Newswire•Jun 11, 2019•Beam
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Altonomy to Provide OTC Trading Services and Liquidity for Grin and BeamPR Newswire•Jan 16, 2019•Altonomy, Beam
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