What is BeamUp?
Founded in Tel Aviv in 2019, BeamUP operates as the world's first data platform dedicated to the automated design and lifecycle management of enterprise real estate portfolios. By leveraging patented AI and Digital Twin technology, BeamUP aggregates data from various building systems, including security, IT, IoT, and HVAC. This comprehensive data integration enables the automation, visualization, and tracking of compliance, design, sustainability, and management aspects of real estate assets. The company's cloud-based platform provides intuitive visual models that offer insights into performance, compliance, cost reduction, and security, catering to all organizational levels from C-suite executives to on-site operators. BeamUP's multidisciplinary team comprises architects, security specialists, IT experts, and other domain professionals, with operations spanning Tel Aviv, London, and California.
How much funding has BeamUp raised?
BeamUp has raised a total of $15M across 1 funding round:
Angel/Seed
$15M
Angel/Seed (2022): $15M with participation from Ibex Investors and StageOne Ventures
Key Investors in BeamUp
Ibex Investors
Ibex Investors is a US-based investment firm established in 2003, known for pursuing outsized returns through distinct, non-correlated investment strategies. Headquartered in Denver, Colorado, they focus on identifying and capitalizing on unique market opportunities.
StageOne Ventures
StageOne Ventures is an early-stage venture capital firm that specializes in leading investments in Israel-related deep tech startups addressing complex enterprise challenges. With substantial assets under management and a robust global network, they provide critical support to founders from inception through to exit, focusing on transformative technologies.
What's next for BeamUp?
The recent major strategic investment in BeamUp signals a pivotal phase for the company, likely focused on scaling its operations and expanding its market reach. With its foundation in AI and Digital Twin technology for enterprise real estate, BeamUP is well-positioned to capitalize on the increasing demand for data-driven portfolio management solutions. Future developments may include further integration of advanced analytics, enhanced AI capabilities for predictive maintenance and optimization, and strategic partnerships to broaden its service offerings. This capital infusion is expected to accelerate product development and bolster the company's competitive edge in the PropTech sector.
See full BeamUp company page
