What is BeaTrust?
Founded in 2020, BeaTrust has developed an innovative platform designed to enhance employee connectivity, collaboration, and feedback mechanisms. The platform leverages employee skills and expertise to foster a more dynamic and productive work environment. This strategic financing positions BeaTrust for accelerated growth and market expansion in the competitive HR technology sector.
How much funding has BeaTrust raised?
BeaTrust has raised a total of $9.1M across 2 funding rounds:
Angel/Seed
$2.8M
Series A
$6.3M
Angel/Seed (2020): $2.8M with participation from Itochu, DNX Ventures, and CyberAgent Capital
Series A (2022): $6.3M led by Global Brain, Mitsubishi UFJ Capital, Sumitomo Mitsui Banking Corporation, and JAFCO
Key Investors in BeaTrust
Global Brain
Global Brain is an independent venture capital firm that specializes in supporting startups to achieve global success through hands-on assistance and collaboration with large corporations. With over $2.3 billion in assets under management, the firm actively invests in more than 100 startups annually, focusing on various sectors including technology, healthcare, and education.
Mitsubishi UFJ Capital
Formed in 2005, Mitsubishi UFJ Capital brings unrivaled insight and access to overseas companies and investors targeting the Japanese market. They have financed more than 1,000 companies, more than 290 of which have gone public.
Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking Corporation is a financial institute with branches in Japan and affiliate companies worldwide. SMBC is a core company of Sumitomo Mitsui Financial Group that offers retail banking, corporate banking and investment banking, securities, consumer finance, leasing business, ITC etc.
What's next for BeaTrust?
The substantial enterprise-level backing indicates BeaTrust is poised for a significant scaling phase. This capital infusion is likely to be directed towards platform enhancement, expanding its technological capabilities, and broadening its market reach, particularly within enterprise clients seeking to optimize internal communication and skill utilization. The company's trajectory suggests a focus on solidifying its position as a leader in employee engagement solutions.
See full BeaTrust company page
