Beam - About the company
Beam is an acquired company based in Columbus (United States), founded in 2012. It operates as a Provider of health insurance solutions for employees. Beam has raised $264M in funding from investors like Georgian, Mercato Partners and Drive Capital. The company has 400 active competitors, including 109 funded and 81 that have exited. Its top competitors include companies like Hinge Health, Sharecare and HealthEquity.
Company Details
Provider of health insurance solutions for employees. It offers digital quoting for customized pricing, and an online portal for instant access to plan information and management. The insurance offered includes dental, vision, life, disability, and supplemental health coverage.
- Website
- www.beambenefits.com/
- Email ID
- *****@beam.dental
- Registered Address
- Columbus, Ohio
Key Metrics
Founded Year
2012
Location
Columbus, United States
Stage
Acquired
Total Funding
$264M in 12 rounds
Latest Funding Round
Ranked
20th among 400 active competitors
Employee Count
239 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Principal (Jul 07, 2026)
Legal entities associated with Beam
Beam is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEAM TECHNOLOGIES CIN: 371764683 , United States, Active | Dec 31, 1999 | - | 233 (As on Dec 31, 2024) | - |
AVGSF - Beam Dental 2021, LLC CIN: 1845115 , United States, Active | $1 - $1M (As on Mar 09, 2021) | - | - |
Beam's acquisition details
Beam got acquired by Principal on Jul 07, 2026.
Click here to take a look at Beam's acquisition in detail
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Beam's funding and investors
Beam has raised a total funding of $264M over 12 rounds. Beam has 16 institutional investors.
Here is the list of recent funding rounds of Beam:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 24, 2025 | 1648641 | Series E | 3663472 | 1114370 | 8732667 | 9709578 |
Apr 30, 2024 | 4445741 | Series E | 1752974 | 5475554 | 5047742 | 4346668 |
Sep 14, 2023 | 4173028 | Series E | 2254492 | 9565892 | 4368451 |
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 239 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 Hinge Health, Sharecare and HealthEquity. 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 | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 83/100 | |
2nd | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 79/100 | |
3rd | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
4th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
5th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
6th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
7th | Alight 2015, Lincolnshire (United States), Public | Provider of technology-enabled solutions for health, wealth, and human capital | $10.5M | 74/100 | |
8th | Wright Express 1983, Portland (United States), Public | Provider of fleet management, employee benefits, and business payment solutions | - | 73/100 | |
9th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | 72/100 | |
10th | Healthee 2021, New York City (United States), Series B | AI-powered health benefits application for healthcare services | $84M | 72/100 | |
20th | Beam 2012, Columbus (United States), Acquired | Provider of health insurance solutions for employees | $264M | 66/100 |
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 geography:
News related to Beam
Media has covered Beam for 1 event in last 1 year.
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Beam Benefits Raises $17.5 Million; Partnership with Nationwide and The HartfordCoverager•Aug 07, 2025•Nationwide, Beam, The Hartford
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Beam Benefits triples revenue over three years, among fastest-growing U.S. tech companiesThe Business Journals•Dec 13, 2024•Beam
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Trinity Capital Provides $40MM in Growth Capital to Beam BenefitsABL Advisor•Oct 11, 2024•Trinity Capital, Beam
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Columbus Inno - Beam Benefits cuts jobs shortly after $41M VC roundThe Business Journals•Jan 11, 2024•Beam
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Pie Insurance Continues Leadership Team ExpansionFintech Finance•May 04, 2022•Pie Insurance, Concur, Liberty Mutual Insurance, Kabbage and 2 others
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Beam Strengthens Insurance Compliance by Selecting Wolters Kluwer SolutionBusiness Wire•May 04, 2022•Wolters Kluwer, Beam
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Daversa Partners Recruits Chief Product Officer for Beam DentalHunt Scanlon•Mar 01, 2022•Daversa Partners, Beam
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