BS

Beam Solutions

Closed

San Francisco, United States · Founded 2016 · $16.0M raised

Employees
11–50
Founded
2016
Business Model
B2B
Total Funding
$16.0M
Last Round
$9.0M Series AFeb 2019
Rounds
3

About

Beam Solutions was a San Francisco-based regtech company that built a cloud-based anti-money laundering (AML) compliance platform, providing transaction monitoring and know-your-customer (KYC) solutions for fintechs, banks, and other regulated financial institutions. Founded in 2016 by former Facebook and PayPal executives, the company raised debt financing from Silicon Valley Bank. In September 2020, Beam Solutions was acquired by identity verification company Jumio, which integrated Beam's AML transaction-monitoring technology into its platform.

Summary

Beam Solutions is a Cybersecurity company based in San Francisco, United States, founded in 2016. It has raised $16.0M in total across 3 rounds, most recently a $9.0M Series A round in Feb 2019. Investors include Canaan Partners, Greycroft and Plug and Play.

Funding History

AcquisitionMar 2021

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Pre-Seed through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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